PepsiCo opens new US$42.3m baby food plant in Russia

RUSSIA - PepsiCo, Inc., the American multinational food, snack and beverage company has opened a new US$42.3 million baby food plant with a daily capacity of approximately 25 tonnes in Russia, reported FoodBev. The new plant will exclusively be used to produce cottage cheese and yogurt products for the company’s Agusha and Chudo Detki brands.…

AB InBev’s ZX Ventures acquires UK-based spirits company Atom Group

UK - AB InBev’s incubator, operator, and venture capital team ZX Ventures has acquired Atom Group, a company brand of spirits based in the UK for an undisclosed sum. Atom Group is a drinks company that encompasses production of spirits under the Atom Brands and importation, distribution and brand development via Maverick Drinks; to global…

Parag Milk to buy Danone’s closed facility to serve northern India

INDIA - Parag MilkFoods on Thursday said it will acquire French food giant Danone’s Indian manufacturing facility for Rs 30 crore (US$4.53 million) The facility at Rai in Haryana’s Sonepat area produces curd, yogurt among other dairy productsand the acquisition is aimed at expanding Parag's presence in the northern part of the country. "North market contributes…

Domino’s unveils pizza delivery ‘hotspots’ amidst competition heat-up

USA - Domino’s Pizza Inc, the American pizza restaurant chain has stepped up its pizza delivery system with new delivery ‘hotspots’, giving consumers convenience of picking up their products at set-off points. The initiative allows customers to find the pick-up points with the location services on their smartphones, opening new sales opportunities for the company.…

United Caps acquires closure manufacturer Embalatap to expand portfolio

SPAIN - United Caps Luxembourg S.A., designer and producer of plastic caps and closures has acquired the Spanish manufacturer of closures, Embalatap for an undisclosed sum. United Caps said the acquisition expands its product portfolio especially the edible oil category since it relates to closures used in the Southern European market. The acquisition will not…

Buhler expands with a new lab at its cocoa application facility in Indonesia

INDONESIA - Buhler has added a new cocoa application lab at its coca application facility in Indonesia to allow it offer complete cocoa processing trials to its customers in Southeast Asia. According to Buhler, the lab will be managed by two service engineers and a consumer food technologist who would offer trials ranging from cocoa…

Costa Coffee to recycle 500m disposable cups yearly by 2020

UK - Costa Coffee, the British coffee company has made a commitment to recycle the same volume of disposable cups as it puts onto the market, half a billion every year by 2020. To achieve this, Costa will pay coffee cups collectors a subsidy to enhance their collection then send them to paper mills where…

Renaissance BioScience partners with Mitacs for US$1.44m research project

CANADA - Renaissance BioScience, a global leader in proprietary yeast-based technology solutions has announced a US$1.44 million research and development project in partnership with Mitacs, a research and training organisation. The project, equally funded by the two companies supports the development of next-generation, systematic tools and methods for expanding, screening and selecting biodiversity in non-GMO…

Oman Flour Mills’ CFO to resign in May

ASIA - Oman Flour Mills has announced that its Chief Financial Officer, Salim Khairulla will be leaving the company Mid-May after tendering resignation citing personal reasons. Khairulla was appointed an interim Chief Executive Officer for Oman after its then CEO, Ali Habaj stepped down to join Oman Cables Industry at the end of June. He…

EU bans ‘dual food’ to restrict sale of low quality food

EU - The European Union has issued a directive to ban ‘dual food’ to tackle the issue of known brands selling its food products of lower quality in some markets in the EU. The commission is set to provide a methodology for testing multinational brands to help identify the real culprits when they try to…