Packaging firm BillerudKorsnäs partners Alpla for sustainable paper bottle

SWEDEN – Swedish packaging materials provider BillerudKorsnäs has joined forces with Alpla, an Austrian plastics manufacturer in a joint venture to develop a sustainable paper bottle. The joint venture will be formed in the Danish […]

EU parliament approves ban on single-use plastics to fight pollution

EU – The European Union legislators have approved a sweeping ban on single-use plastic products in renewed efforts to tackle plastic waste and micro plastic pollution. The European Parliament has voted in favor of ‘The […]

Givaudan opens new US$1.2m flavour commercial center in Morocco

MOROCCO – Givaudan, a leading flavour and fragrance company, has commissioned a new Flavours technical and commercial centre in Morocco, an investment valued at US$1.22 million. The investment is part of Givaudan’s growth plan in […]

Jubilant announces PepsiCo as new beverage partner for Domino’s

INDIA – Jubilant FoodWorks, the Indian restaurant operator has signed an exclusive agreement with PepsiCo as its new beverage partner for Domino’s Pizza, a fast-food chain it operates in India. According to an ET Retail, […]

Coca Cola reports strong volume growth with 6% rise in organic revenue

USA – The Coca-Cola Company reported strong operating results in the third quarter, recording 6% growth in organic revenues with volume growth across all operating groups. Net revenues declined 9% to US$8.2 billion, impacted by a 13-point […]

Coca-Cola European Partners reports 4% rise in revenue to US$9.88b results for the third-quarter

LONDON – Coca-Cola European Partners plc (CCEP), has announced its interim results for the third-quarter ended 28 September 2018, with a 4% rise in revenue to US$9.88 billion. According to the company, the nine months […]

One Water bottler to triple capacity with two new plastic bottles and caps plants

ETHIOPIA – Mogle Bottled Water Manufacturing, Ethiopia’s bottler of One Water brand plans to triple its production capacity and unveil two facilities for the manufacture of plastic bottles and caps. An Addis Fortune report indicates […]

Australian wine exports report double-digit growth by 11% increase in value

AUSTRALIA – Australian wine exports have posted double-digit growth in the 12 months to September 2018, with the value of exports up by 11% to US$2.71 billion, while reflecting an increasing taste for premium drops. […]