EUROPE – The global brewing company, Carlsberg Group has acquired 28.5% stake in Viacer, the major controlling shareholder of the Portugal brewing company, Super Bock Group. Viacer holds 56% of the shares in the company while Carlsberg will hold the remaining 44% shares in Super Bock Group. Following the transaction, the Carlsberg group direct and…
EUROPE - Mondelēz International has said that it has invested a further US$5 million in its Global Technical Center in Wroclaw, Poland to serve as an R&D centre for both local and global brands. The company said the new investment expands its research and development activities beyond Chocolate and Bakery and serve Gum and Candy…
UK – Coca-Cola European Partners (CCEP) has announced a definitive supply agreement with Loop Industries, a leading technology innovator in sustainable plastic to source 100% recycled and sustainable PET plastic from a US based joint venture. CCEP will purchase recycled Loop™ PET plastic (“Loop™ PET”) from Loop’s joint venture facility with Indorama Ventures Limited in…
UK – The British ingredients company, Tate & Lyle plans to introduce new no-calorie sweeteners extracted from stevia leaves, a portfolio developed in partnership with Sweet Green Fields. The two variants, Optimizer Stevia 4.10 and Intense Stevia 2.0 will help producers deliver cost-efficient sugar and calorie reductions across their product ranges. They will also be…
EUROPE – The British agribusiness conglomerate Tate & Lyle has announced that it has extended its partnership with Azelis, a leading distributor of speciality chemicals and food ingredients. As part of the agreement, Azelis’ will distribute Tate & Lyle’s texturants, low and no calorie sweeteners, fibres, and stabilisers in Poland, Czech Republic, Slovakia, Romania, Croatia…
EUROPE – Ukraine grain exports are projected to rise to 42.5 million tonnes in the 2018-19 marketing year (July-June) boosted by higher harvests expected during the period. According to Ukraine’s agriculture ministry, Ukraine expects to harvest 64 million tonnes of grain this year, compared with 61.3 million in 2017-18. The country has exported 14.1 million…
SOUTH AFRICA - SA Rooibos Tea Supplies, Western Cape-based tea company has unveiled plans to move into the European market over the next ten years, an IOL Business report reveals. The company is seeking to become the preferred supplier of packed rooibos tea, promoted with vitality and a healthy lifestyle to the market. The plans…
WORLD – A study involving the University of East Anglia (UEA), has warned that the increasing widespread and severe drought and heat may cause substantial decreases in barley yields worldwide, affecting the supply used to make beer. According to the study, the notion of how big business will contribute to the fight against climate change…
EUROPE - European craft brewing associations Independent Brewers of Ireland, The Society of Independent Brewers (SIBA), Syndicat National des BrasseursIndépendants (SNBI), Unionbirrai, Scanian Beverage Producers, Det Fri Øl, and Craft Brewers Netherlands have formed the Independent Brewers of Europe (IBE). According to Food & Drinks Insight, the partnership will represent craft brewing associations from various parts…
GHANA - Ghana Shippers Authority (GSA) and shippers have said that freight charges for exporting Ghana’s cocoa to Europe have been slashed by 9.4% for the 2018/19 season. According to Reuters report, the reduction was made following the about 40% decline in cocoa prices on the world market in the 2017/18 season. “The reduction in…
