Coca-Cola supports Ioniqa Technologies in development of recycled PET

NETHERLANDS – The Coca-Cola Company has announced a loan agreement with Netherlands based high tech chemical company, Ioniqa Technologies to develop Ioniqa’s proprietary technology to produce high-grade, recycled PET content from hard-to-recycle PET waste. The agreement is designed to accelerate the development and deployment of high-grade recycled content PET for use in bottles used by…

Coca-Cola Amatil secures 28-year beer and cider distribution deal with Rekorderlig

AUSTRALIA – Coca-Cola Amatil and Abro, the global brand owner of Rekorderlig Cider has entered into a 28-year distribution agreement strengthening the former’s position in the Australian beer and cider market. Coca-Cola Amatil will assume full responsibility for the promotion and marketing of the Rekorderlig Cider brand in Australia, enabled by expansion of its marketing…

Standards and tax bodies release Coca-Cola’s US$4.8m imports after stand-off

KENYA – Coca-Cola has received clearance from both the Kenya Revenue Authority (KRA) and Kenya Bureau of Standards (KEBs), allowing the entry of its imported raw materials into the country. A Business Daily report indicates that the company’s US$4.87 million worth of imports were detained at the Mombasa port five months ago over a dispute…

Coca Cola and federal government partner to launch US$11m safe birth initiative

NIGERIA - The Coca-Cola Company has partnered the Federal Government to launch a safe birth initiative worth US$11.04 million to address the country’s high infant mortality and maternal rates, reports Beverage Industry News. The initiative dubbed ‘Safe Birth initiative’ (SBI) was formed in collaboration with the Office of the Senior Special Assistant to the President…

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 to build US$300m factory in Vietnam

ASIA - The Coca-Cola Company is set to open a new US$300 million production facility in Hanoi, Vietnam, according to FoodBev, which links the information to local media reports. A report from Nhan Dan Online indicated that the announcement was made by Calin Dragan, Coca-Cola’s regional director, bottling investments group ASEAN and Middle-East, in a…

Coca-Cola and others agree to collaborate on research for sustainable development

NIGERIA - Coca-Cola Nigeria and other stakeholders in the food and beverage industry have agreed to advocate for research and development in the sectors for sustainable economic development in Nigeria, reports ThisDay Live. This was agreed by stakeholders from both the public and private sectors attending the 42nd annual conference organised by Nigerian Institute of…

Coca-Cola to launch sugar-free Fanta in the Kenyan market

KENYA - Soda maker Coca-Cola Beverages Africa (CCBA) plans to introduce its sugar-free range of Fanta Zero in Kenya next month, expanding its healthy drinks portfolio on the market, reports Business Daily. It follows successful launch of Sprite Zero, Stoney Zero and Coke Zero in the market where an increasing number of consumers are turning…

Nigerian Bottling Company discontinues use of ‘ozone-depleting’ trucks

NIGERIA - Nigerian maker of Coca-Cola soft drinks, Nigerian Bottling Company, NBC has said it has eliminated use of ‘eco-unfriendly’ trucks considered to a threat to the ozone layer, a report by BeverageIndustryNews report. The company stated that the trucks possibly posed a pollution risk to the atmosphere through the emission of ozone depleting fumes.…