Coca-Cola to set up an R&D center in India with a goal to grow the market

INDIA - The Coca-Cola Company plans to set up a research and development (R&D) centre in India as part of a mission to make India one of the company’s top three markets, according to company CEO, James Quincey. In an interview with the Mint, Quincey said he sees sparkling beverages, fruit-based products and innovation as…

PepsiCo appoints Paula Santilli as Chief Executive Officer for Latin America

USA – PepsiCo has appointed Paula Santilli as Chief Executive Officer, Latin America, reporting to PepsiCo Chairman and CEO Ramon Laguarta. Santilli, who is currently President of PepsiCo Mexico Foods (PMF) succeeds Laxman Narasimhan, who was recently named Global Chief Commercial Officer of PepsiCo. In his role as President of PMF, Santilli oversees one of…

Coca-Cola adds two new flavor variants to its vitamin water range

USA – The Coca-Cola Company has launched two new flavor variants of its Vitamin water range, products of innovation set to meet changing consumer tastes and preferences. The two flavors, Vitaminwater Fire and Vitaminwater Ice are meant to excite consumers with a yearning for healthier lifestyles, offering 20 calories each and fortified with vitamins C…

Nigerian Breweries in solar power deal with CrossBoundary Energy

NIGERIA - Nigerian Breweries Plc (NB), franchise bottler of Heinenek Lager, has entered into a solar energy supply deal with CrossBoundary Energy for the operation of a 650 kW solar plant at NB’s Ibadan Brewery. CrossBoundary Energy will install and operate the solar energy plant as Heineken’s first solar project in Africa, which will become…

Nestle join forces with Veolia to tackle plastics leakage and accelerate recycling

SWITZERLAND – Global food and drinks giant, Nestle has announced that it has partnered Veolia, the world's leading resource management company to tackle plastics leakage into the environment and develop recycling schemes. The two will collaborate on waste collection sorting and recycling of plastic material, with an emphasis on flexible plastic packaging. The initiative which…

Guinness Nigeria launches new Premium lager beer to grow its portfolio

NIGERIA - Guinness Nigeria Plc, a subsidiary of Diageo Plc, has launched a new premium lager beer the ‘Guinness Gold’ into the local beer market. The company describes Guinness Gold as a beer that brings a rich, amber gold, great flavour and great taste to discerning Nigerians who expect more from their lager beer experience,…

Kenya Breweries Limited launches new ale for the premium beer market

KENYA - Kenya Breweries Limited (KBL), a subsidiary of the global brewer, Diageo has launched ‘Tusker Premium Ale’, a premium offering that expands its premium beer portfolio. The new premium ale, which the brewer says is made from aromatic hops and crystal malt, targets the middle-class in a bid to counter consumers’ increasing shift to…

Nigeria UAC Appoints Ibiyinka Oriola as new group finance director

NIGERIA – The United Africa Company of Nigeria PLC (UAC), the parent company of UAC Foods Limited has appointed Mr. Ibikunle Ibiyinka Oriola as the Group’s Finance Director. Mr. Oriola is a seasoned professional with 17 years’ experience gained from diverse functional roles spanning finance, strategy, risk management and corporate finance. He has provided strategic…

PureCycle partners Nestle and Milliken to accelerate plastics recycling

USA - PureCycle Technologies, US based recycling firm has partnered Milliken & Company and food and drinks giant, Nestle to accelerate its plastic recycling operations. PureCycle said the collaboration advances its plans to open its first plant which will restore used polypropylene (PP) plastic to ‘virgin-like’ quality with ‘a revolutionary recycling method’. The company utilizes…

Canada’s Growpacker gets backing to launch cannabis brand incubator program

CANADA – Canadian contract manufacturer of THC & CBD infused consumable liquids, dry goods, and health & wellness products, Growpacker has launched a new incubator programme to fast-track cannabis brands. Also participating in the programme is Ceria Brewing Company, the Colorado craft brewery and the maker of Blue Moon beer. The brand incubator and accelerator…