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 paper bottle company Ecoxpac, which is majorly-owned by BillerudKorsnäs. According to the terms of the agreement, both Alpla and BillerudKorsnäs…

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 Single Use Plastics Directive’ (SUDP) which criminalizes the use of ten single-use plastics that are most commonly found across European…

Coca-Cola introduces Orange Vanilla and Zero Sugar Coke in the US

USA – The Coca-Cola Company has said that it is set to launch its first trademark flavor innovations in over a decade- Orange Vanilla Coke and Orange Vanilla Coke Zero Sugar in the US as from February 25. The variant, which comes in a range of packaging options will be available in 12-oz. cans and…

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 tandem with its high growth markets strategy and demonstrates its ongoing commitment to the Maghreb and West Africa regions. Louie…

Coca-Cola to debut Coke brand energy drinks, Monster Beverages cries foul

USA– The Coca-Cola Company plans to roll out a range of energy drinks for the first time on its iconic Coca-Cola brand name as it intensifies efforts to break away from its traditional fizzy sodas and shifts to health-focused trends, reports Reuters. The company has told Reuters that it is working on plans to two…

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, PepsiCo will supply Domino’s Pizza with its portfolio of carbonated beverages of Pepsi, Mountain Dew, 7Up, Mirinda along with Lipton…

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 headwind from the refranchising of company-owned bottling operations. Concentrate sales grew 4% having benefited from the timing of shipments, and…

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 diluted earnings per share were US$1.8 on a reported basis or US$2 on a comparable basis, including a negligible impact…

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 that the expansion will enable the company bottle 96,000 bottles of water an hour, up from the current 32,000 bottles.…

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. The average value of wine exported was up 7% for bottled wine to US$5.90 per litre, with unpackaged wine rising…