Coca-Cola to debut Coke brand energy drinks, Monster Beverages cries foul

USA– The Coca-Cola Company plans to roll out a range of energy drinks for the first time on its iconic Coca-Cola brand name as it intensifies efforts to break away from its traditional fizzy sodas and shifts to health-focused trends, reports Reuters. The company has told Reuters that it is working on plans to two…

Jubilant announces PepsiCo as new beverage partner for Domino’s

INDIA – Jubilant FoodWorks, the Indian restaurant operator has signed an exclusive agreement with PepsiCo as its new beverage partner for Domino’s Pizza, a fast-food chain it operates in India. According to an ET Retail, PepsiCo will supply Domino’s Pizza with its portfolio of carbonated beverages of Pepsi, Mountain Dew, 7Up, Mirinda along with Lipton…

Coca Cola reports strong volume growth with 6% rise in organic revenue

USA - The Coca-Cola Company reported strong operating results in the third quarter, recording 6% growth in organic revenues with volume growth across all operating groups. Net revenues declined 9% to US$8.2 billion, impacted by a 13-point headwind from the refranchising of company-owned bottling operations. Concentrate sales grew 4% having benefited from the timing of shipments, and…

Coca-Cola European Partners reports 4% rise in revenue to US$9.88b results for the third-quarter

LONDON - Coca-Cola European Partners plc (CCEP), has announced its interim results for the third-quarter ended 28 September 2018, with a 4% rise in revenue to US$9.88 billion. According to the company, the nine months diluted earnings per share were US$1.8 on a reported basis or US$2 on a comparable basis, including a negligible impact…

One Water bottler to triple capacity with two new plastic bottles and caps plants

ETHIOPIA - Mogle Bottled Water Manufacturing, Ethiopia’s bottler of One Water brand plans to triple its production capacity and unveil two facilities for the manufacture of plastic bottles and caps. An Addis Fortune report indicates that the expansion will enable the company bottle 96,000 bottles of water an hour, up from the current 32,000 bottles.…

Australian wine exports report double-digit growth by 11% increase in value

AUSTRALIA - Australian wine exports have posted double-digit growth in the 12 months to September 2018, with the value of exports up by 11% to US$2.71 billion, while reflecting an increasing taste for premium drops. The average value of wine exported was up 7% for bottled wine to US$5.90 per litre, with unpackaged wine rising…

AB InBev reports 11% loss of shares in third-quarter sales of 2018

USA – AB InBev, a multinational drink and brewing holdings company, has reported a 11% loss in shares in third quarter sales results 2018, with 50% dividend cuts as it pays down 2016 SABMiller acquisition. The world’s largest brewer Anheuser-Busch InBev has cut its dividend in half and reported weak third-quarter profits hit by slower…

Döhler Group acquires majority stake in ingredients company Nutrafood

USA - Döhler Group, global producer, marketer and provider of technology-based natural ingredients, has acquired a majority stake in Nutrafood S.r.l., an ingredients company. According to the company, the transaction further complements Döhler’s range in the area of plant-based food and beverages. It currently provides its customers with solutions from smoothies to spoonables to beverages…

Chi Ltd unveils 150ml pack size for its Pineapple Coconut variant

NIGERIA - Chi Exotic Nectar, a fruit juice brand of Nigeria’s largest juice company, Chi Limited has launched a new 150ml pack size for its popular Pineapple Coconut product variant. The new offering gives the same superior taste of the brand and comes at a pocket-friendly price (US$0.14). A report in ThisDay Live indicates that…

Nigerian Bottling Company discontinues use of ‘ozone-depleting’ trucks

NIGERIA - Nigerian maker of Coca-Cola soft drinks, Nigerian Bottling Company, NBC has said it has eliminated use of ‘eco-unfriendly’ trucks considered to a threat to the ozone layer, a report by BeverageIndustryNews report. The company stated that the trucks possibly posed a pollution risk to the atmosphere through the emission of ozone depleting fumes.…