Barry Callebaut expands presence in Southeastern Europe with inaugration of US$64m chocolate factory in Serbia

SERBIA –  Barry Callebaut Group, the world’s leading manufacturer of chocolate and cocoa products, has officially inaugurated its new chocolate factory in Novi Sad, Serbia’s second-largest city.   The facility’s inauguration was attended by Serbian President Aleksandar Vučić, at the invitation of Peter Boone, CEO of the Barry Callebaut Group.   The state-of-the-art factory, built at a cost of 55 million euros (U$64m), has an initial annual production capacity of over 50,000 tonnes of chocolate.   Its operation will allow Barry Callebaut to supply customers with a wide range of chocolate, compound, and…

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SA retailer Pick n Pay, Standard Bank unveil cashless, easy paying mode for customers

SOUTH AFRICA – South African retailer Pick n Pay has partnered with Standard Bank to foster easy, faster and convenient mode for customers to pay for groceries at the supermarket outlet. The commercial bank has launched Standard Bank’s EasyScan, a new service that will enable customers to pay for their shopping using the Standard Bank Mobile Banking app.  Standard Bank customers registered on the Banking App can scan the QR code at a Pick n Pay till point and pay via the Banking App. “Anyone with a Standard Bank account…

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EG group diversifies into bakery manufacturing with acquisition of Cooplands bakery chain

UK – British retailer and operator of fast food outlets and petrol station Euro Garages (EG) has acquired baked goods manufacturer and retail bakery chain Cooplands for an undisclosed sum.  Founded by Frederick and Alice Coopland in 1885, Cooplands employs more than 1,600 colleagues and reportedly is the UK’s second-largest bakery chain.  The purchase includes three bakeries that process ingredients and manufactures fresh food which is distributed through its supply chain and logistics network to about 180 stores and cafes.  Following the acquisition, EG plans to diversify the Cooplands brand into the…

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SA’s hotel, restaurant sector receives hit by COVID-19 pandemic registering 32% decline in revenue

SOUTH AFRICA – The South Africa hotel, restaurant, and institutional (HRI) industry has been severely affected by government restrictions imposed beginning in March 2020 in an effort to control the COVID-19 pandemic. Social-distancing measures, curfews, and restricted operating hours have decreased revenue for the sector which has led to the closures of many businesses and loss of jobs. The effects of disruptions caused by the pandemic are evident from the 32 percent decline of the industry’s revenues in 2020 to US$3 billion, compared to 5 percent revenue growth in the…

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Canadian dairy coop Agropur to boost US production capacty with US$168m investment in new facility

USA – Canadian dairy cooperative Agropur is expanding its US operations with the building a new facility in Little Chute, Wisconsin, as it looks to boost its production of cheese and dairy ingredients.  The cooperative is investing US$168 million into the project which is located just north of Agropur’s existing Little Chute facility.  “Having a new state-of-the-art facility in Little Chute will help us solidify our leadership position in the dairy industry,” said Doug Simon, president, US operations, Agropur.  “Beyond speed and efficiency, the new processes and equipment will provide greater…

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Mars targets to rid supply chain of carbon emissions in new 2050 sustainability goal

US — American manufacturer of snacks and pet foods Mars Inc., has unveiled its new sustainability agenda where it plans to achieve net zero greenhouse gas emissions (GHG) across its entire supply chain by 2050.   To become carbon neutral, the company plans to transition to renewable energy, redesign its supply chains to stop deforestation, and invest in renewable agriculture.  “To deliver meaningful impact and ensure it is fit for purpose, our net zero target covers our entire GHG footprint, from how we source materials through to how consumers use our products,…

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Varun Beverages Zimbabwe rumps up production with launch of new US$12m production line

ZIMBABWE – Varun Beverages Zimbabwe (Pvt) Limited, the franchise bottler of PepsiCo in Zimbabwe, has commissioned a new US$12m water bottling line, with a production capacity of 15 million bottles per month. The new 400 bottle per minute line is part of the third phase of the company’s expansion project, which will bring total production capacity to 66 million bottles of sparkling beverages, cans and bottled water per month, reports The Herald. Varun Beverages Zimbabwe officially commissioned its first plant in the Southern African country in February 2018 with an…

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Turkey supports development of Somali’s poultry industry with establish of modern farm

SOMALIA – Turkish Cooperation and Coordination Agency (TİKA), Turkey’s leading development aid agency, has built a modern poultry farm with a total floor space of 198 sq. meters in Mogadishu, the capital of Somalia. The poultry farm equipped with modern equipment, feed units, vaccines has a holding capacity of 1200 ATAK-S layer chicks. The initiative is part of the “Project for Developing Layer Poultry Farming in Somalia,” implemented in cooperation with the Ministry of Agriculture and Forestry of the Republic of Turkey, IHH Humanitarian Relief Foundation, and Zamzam University. Assoc.…

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EABL adopts new identity, unveils new US$99m corporate bond to fund operations

KENYA – Regional alcohol manufacturer, East African Breweries Limited, has changed its name to East African Breweries PLC with effect from 1st October 2021. The PLC tag designates a company that has offered shares of stock to the general public, who have limited liability. ”Pursuant to the issuance of certificate of change of name by the Register of Companies, the firm has changed its name from East African Breweries Limited to East African Breweries Plc,” it said in statement.   The brewer has also announced the issuance of a Ksh. 11…

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Nestlé expands plant-based portfolio with launch of alternatives to eggs and shrimps

SWITZERLAND – Nestlé, the world’s largest food company, has launched plant-based alternatives to egg and shrimp, further expanding its plant-based food portfolio.  The company said that the new product launches are testimony to its commitment to “offering people a variety of plant-based food and beverages that complement their daily diets, and that are good for them and good for the planet.”  Launched under Garden Gourmet vEGGie, the egg alternative is vegan, contains soy protein and omega-3 fatty acids, and achieves a Nutri-Score A in Europe.   “It is versatile for…

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