Industry giants launch plastics credit scheme to tackle pollution

SPAIN – Global food and beverage industry players including Tetra Pak, Nestlé, and Danone have founded The 3R Initiative aimed at accelerating ways of reducing plastic waste and pollution. Under the initiative, the companies will […]

Danone reports 0.8% rise in first-quarter sales, maintains full-year outlook

FRANCE – Global dairy giant, Danone has reported 0.8% increase in first-quarter sales to US$6.89 billion (€6.13 billion), confirming 2019 full-year profit guidance. The company expects like-for-like sales growth of around 3% and recurring operating […]

Danone sells US organic salads business Earthbound to Taylor Farms

USA – Danone has announced that it has reached an agreement to sell its US organic salads business Earthbound to California-based Taylor Farms for an undisclosed sum. The company said the divestment is part of […]

Danone Nutricia invests US$271m in a new infant formula facility in Netherlands

NETHERLANDS – Danone has announced that it has opened a new ‘sustainable Nutricia plant in the Netherlands to meet the growing need for specialized infant formula. Danone said it has invested US$271.52 million (€240 million) […]

Danone’s venture arm invests in Impact Water Nigeria to enhance access to safe drinking water

NIGERIA – Danone, through its investment fund and social business incubator, Danone Communities has invested in Impact Water Nigeria to develop access to safe drinking water. Impact water is a social business operating an innovative […]

Danone launches Two Good Greek Yogurt expanding its Light & Fit Brand

USA – The multinational food-products corporation, Danone has launched the Two Good Greek Yogurt which adds to its light & Fit brand in the US market. The dairy product contains 80 calories, 12 grams protein […]

Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is […]

Danone Manifesto Ventures backs UK Ayem to launch Breakfast Protein Pots

UK – Danone Manifesto Venture, the New York-based venture arm of Danone is supporting a UK brand of vegetarian, low-fat almond blend, Ayem to launch a new range of Breakfast Protein to offer healthy proteinaceous […]

Unilever, Danone, Coca-Cola call for net zero emissions in the UK by 2050

UK – Major global businesses among them Coca-Cola European Partners, Danone and Unilever have called on the UK’s Prime Minister (PM) Theresa May to aim for net zero emissions in the UK by 2050. In […]

Food and beverage majors sign global pact to eradicate plastic waste and pollution

WORLD – Major food and beverage companies, packaging manufacturers, governments and non-governmental organisations (NGOs) are among 250 organisations that have signed a marker pact to eradicate plastic waste and pollution. The New Plastics Economy Global […]