Coca-Cola Amatil pledges to use 70% recycled plastic bottles by 2019

AUSTRALIA – Coca-Cola Amatil has announced that it targets to make 70% of its plastic bottles entirely from recycled plastic by the end of 2019 as it looks to improve its environmental carbon footprint. The move is part of the global Coca-Cola company’s initiative to create a World Without Waste by increasing the recycled content…

Nestle Australia to launch new Milo without cane sugar

AUSTRALIA – Nestle Australia has announced that it is set to launch a new version of its Milo beverage, made without cane sugar in response to changing consumer needs towards healthier lifestyles. The latest version of Milo has 30% less added sugar and is a result of more than two years of development. According to…

Coca-Cola Amatil launches venture capital arm Amatil X in Indonesia

ASIA – Coca-Cola Amatil has announced that it will launch its corporate venture capital arm Amatil X in Indonesia as it looks to accelerate innovation and investment in local startups. Launched last year, the venture arm aims to provide digital startups with a platform to grow while providing innovative solutions for the development of the…

Nestle launches R&D Accelerator to boost innovation and speed-to-market

SWITZERLAND – Nestle has launched a new accelerator with a goal to utilize innovative technologies and systems to bring new products to consumers around the globe. Called Nestle R&D Accelerator, the program seeks to bring together expertise in food and nutrition and speed up innovation to keep up with changing consumer trends. The accelerator will…

Coffee Day to sell 49% stake in consultancy business to Japan’s Impact HD

INDIA – Coffee Day Enterprises, the operator of the Indian café chain, Café Coffee Day has announced that it has agreed to sell 49% stake in its consultancy services business to Japan-based Impact HD Inc. The transaction is valued at US$15 million (Rs 104.45 crore) and will see Impact HD acquire a significant shareholding in…

Coca-Cola to launch Powerade sports drink in India to tackle competition

INDIA – Coca-Cola has announced that it is set to launch its global sports drink Powerade in India within the next two months to take advantage of the growing sports drink market. The drink, set to launch ahead of ICC World Cup looks to compete PepsiCo’s Gatorade, according to an Economic Times report which has…

Mexico’s Arca Continental to invest US$681m in 2019 to boost production

USA - Arca Continental, Mexican bottler of Coca-Cola beverages has announced that it will be investing US$681 million (Ps. 13 billion) in 2019 to enhance production capacities. The investment is also expected to boost distribution across its territories including food, beverage and snack operations in the countries it serves. The company which is the second-largest…

Nigeria’s Coca-Cola bottler bags global water stewardship certification

NIGERIA – Nigerian Bottling Company (NBC), the Coca-Cola franchise bottler in the country, has received the prestigious Alliance for Water Stewardship (AWS) certification becoming the first African bottling plant to receive the award. AWS is a global membership organisation comprising businesses and investors that seeks to contribute to the sustainability of local water resources by…

PepsiCo appoints Steven Williams CEO of PepsiCo Foods North America

USA – PepsiCo has appointed Steven Williams to the role of chief executive officer of PepsiCo Foods North America (PFNA), effective immediately Steven who is currently senior vice president and chief commercial officer for Frito-Lay's U.S. operations, will lead the division which includes Frito-Lay North America (FLNA) and Quaker Foods North America (QFNA). Steven William…

Tanzania’s Bakhresa partners UK’s Nichlos Plc for local production of Vimto drinks

TANZANIA – The Bakhresa Food Products Limited, a Tanzania based food and beverage manufacturer, has partnered with Nichols Plc, United Kingdom based producer of Vimto drinks, in the production of the international brands locally. Mr Salim Aziz, chief executive at Bakhresa Food Products, said the partnership will see Vimto being produced and distributed in the…