Coca-Cola HBC in new partnership to use air-captured CO2 in sparkling drinks

SWITZERLAND - Coca-Cola HBC Switzerland, a subsidiary of Coca-Cola Hellenic Bottling Company plans to use carbon dioxide filtered from the air in its sparkling drinks, starting with its own mineral water brand, Valser. Through a partnership with Swiss Direct Air Capture firm Climeworks, the company will use carbon dioxide extracted from air for carbonation of…

Nestle unveils packaging institute to accelerate sustainability agenda

SWITZERLAND – Nestle has announced that it has created the Nestlé Institute of Packaging Sciences with a goal to develop functional, safe and environmentally friendly packaging solutions as part of its sustainability strategy. Located in Lausanne, Switzerland, Nestlé Institute of Packaging Sciences will be part of Nestlé’s global research organization housing a state-of-the-art laboratory complex…

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 an accelerator and incubator programme that enables start-ups and established corporations to optimise ideas, products, people and investments in the…

Syngenta expands Board with new directors from ChemChina

SWITZERLAND - Swiss-based global company Syngenta has announced that ChemChina has appointed two additional Directors, bringing its Board to a total of ten members. The appointments included that of Paul Fribourg, Chairman and Chief Executive Officer of Continental Grain Company as a Non-Executive Director and Erik Fyrwald, Chief Executive Officer of Syngenta an Executive Director.…

Firmenich opens new taste creation facility in Manila, the Philippines

ASIA – The Swiss flavors and fragrances company, Firmenich has opened a new, state-of-the-art taste creation facility in Bonifacio Global City, in Manila, the Philippines, growing its tasting capabilities in South East Asia. Firmenich said the new facility works to address key global challenges such as health & nutrition or climate change and helps create…

Tetra Pak partners Veolia to get all beverage carton components recycled by 2025

SWITZERLAND – Global food packaging company, Tetra Pak has partnered with global resource management company Veolia to enable all components of used beverage cartons collected within the European Union to be recycled by 2025. According to Tetra Pak, the average beverage carton comprises around 75% paperboard, 20% plastic and 5% aluminium foil, and the fibres…

Nespresso partners Tinto to use 100% sustainably-sourced aluminium by 2020

SWITZERLAND - Nestlé's Nespresso brand has signed a new partnership with the European metal corporation, Rio Tinto use 100% responsibly sourced and certified aluminium in its coffee capsules by 2020. Nestle will become the first to use responsibly-sourced aluminium with the Aluminium Stewardship Initiative (ASI) certification. This is a great milestone by the coffee brand…

Coca-Cola HBC revenue rises 2.6% with strong growth in developing markets

SWITZERLAND – Coca-Cola HBC, the world’s second-largest Coca-Cola anchor bottler in terms of volume has said revenue in the third quarter of 2018 increased by 2.6% to US$2.11 billion driven by strong volume growth. Volume grew 4.2% in the third quarter and by 4.4% in the nine months across its geographic segments, with the strongest growth…

Investor Dan Loeb wants Nestle SA to split up into 3 divisions for more sales

SWITZERLAND - Dan Loeb, an investor activist in the Swiss transnational food and drink company, Nestle SA is demanding the group to consider restructuring and a split-up into three divisions that is beverages, nutrition and grocery. The restructuring in addition to a ‘sharper’, ‘bolder’ and ‘faster’ focus would help boost sales as well as put…

Nestle to release new ‘Smarties’ in Germany in preparation for World Cup

GERMANY - Nestle is set to release three new limited-edition of Smarties products in Germany as it looks to take advantage of the World Cup which is to happen in the approaching summer. The Smarties include a new range of signature chocolate chips, coloured red, yellow and black – the colour of the German national…