Cargill forms partnership in new water sustainability programme

USA - The privately-owned corporation Cargill has partnered with The Nature Conservancy and Nestlé Purina to launch a three-year sustainability programme to reduce water waste in the beef supply chain. The project which claims to save up to 2.4 billion gallons of water over three years will see farmers install weather sensors in crop fields…

Mars Wrigley to build a US$69.3m chewing gum facility in Kenya

KENYA - Mars Wrigley, the American confectionery manufacturer has announced plans to build a US$69.3 million facility near the Kenyan capital Nairobi as it embarks on a global expansion of its chewing gum subsidiary, Wrigley, reported FoodBev. The facility set to open later this year, will have the capacity to produce 7.8 billion pellets of…

Nestle shareholders approve US$60.38m in dividends

NIGERIA - Nestle Nigeria’s shareholders have approved US$60.38 million final dividend for the year ended December 31, 2017 as recommended by directors, calling on the company to issue bonus shares to the shareholders at the end of 2018 financial year, reported the Vanguard. According to them, the issuance of bonus shares would make the stock…

Chr. Hansen launches new starter cultures for rich flavor in white cheese

DENMARK - The global bioscience company, Chr. Hansen has launched a new product, DVS WHITE FLORA, a series of three cultures that ensures rich and aromatic flavor notes in white cheese. The new product also enhances more flexibility, consistent cheese quality and high yields in white cheese manufacturing. According to Chr. Hansen, the white cheese…

DuPont ‘healthy’ probiotic receives approval in Brazil

BRAZIL - DuPont Nutrition and Health has received approval for its Bifidobacterium lactis HN019™ probiotic strain from the Brazilian Health Regulatory Authority (ANVISA) to market it in Brazil with a claim that the ingredient contributes to gastrointestinal health. ANVISA granted the approval after assessing four clinical trials to determine whether the strain had a positive…

Diageo seeks to sale ‘lower-end’ brands for approximately US$1b

UK - The British alcoholic beverages company Diageo Plc is considering to sell some of its US focused brands likely to fetch between US$500m and US$1 billion, reported Bloomberg citing information from a person familiar with the matter. Diageo is said to be struggling with maintaining profitability for its lower-end brands, such as Goldschlager schnapps,…

PepsiCo announces a definitive agreement with Bare Snacks

USA - PepsiCo, Inc. has announced it has entered into a definitive agreement to acquire Bare Snacks, a U.S.-based maker of baked fruit and vegetable snacks. According to the company, the transaction will expand the company's snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. Bare Snacks…

Coca-Cola launches the first-ever alcoholic drink in Japan

JAPAN - Coca-Cola has launched its first ever alcoholic drink; a fizzy, lemon-flavoured concoction laced with spirits that seeks to capitalise on the growing popularity of "chuhai" alcopops enjoyed especially by young women. “Although the US firm dabbled in the wine business in the 1970s, the experiment in Japan is unique in the company's 125-year…