PepsiCo and Coca-Cola to invest US$1.4b in Pakistan

ASIA – The world’s beverage giants are planning to invest in Pakistan with PepsiCo lining up US$1.2 billion in the next five years while Coca-Cola will further invest US$200 million in the coming two to three years, according to a statement from Prime Minister Imran Khan’s office. A report by Arab News reveals that the…

PepsiCo unveils brands participating in startup accelerator program in N. America

USA – PepsiCo has announced the ten emerging food and beverage brands that will join its first collaborative accelerator program in North America, Nutrition Greenhouse North America. According to the company, each of the participating startups will receive US$20,000 in grant funding and participate in a 6-month business optimization program. The Nutrition Greenhouse program is designed to accelerate…

PepsiCo to acquire UK chips company Pipers Crisps

UK – Beverage and snacks major PepsiCo has announced that it will acquire the UK maker of natural potato chips, Pipers Crisps for an undisclosed amount. The deal which awaits regulatory approval by the Competition and Markets Authority will allow PepsiCo to develop and export the Lincolnshire based crisp brand. Pipers was founded in 2004…

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…

PepsiCo acquires US firm Health Warrior to expand nutrition portfolio

USA – The American snack and beverage company PepsiCo has announced the acquisition of Health Warrior, a US based nutrition-focused company to expand its nutrition portfolio. With Health Warrior, which makes plant-based products including nutrition bars and on-trend offerings, PepsiCo is betting on healthy food offerings which are gaining traction with the consumers. Though the…

PepsiCo to use 25% recycled content in plastic packaging by 2025

USA - PepsiCo, Inc. (PepsiCo) has announced a new packaging goal to use 25% recycled content in its plastic packaging by 2025, a part of its sustainable plastics vision. The company said it will ensure this through collaborations with suppliers and partners geared towards increasing consumer education, fostering cross-industry and public-private partnerships, and advocating for…

Food and beverage majors sign global pact to eradicate plastic waste and pollution

WORLD – Major food and beverage companies, packaging manufacturers, governments and non-governmental organisations (NGOs) are among 250 organisations that have signed a marker pact to eradicate plastic waste and pollution. The New Plastics Economy Global Commitment led by UN Environment and the Ellen MacArthur Foundation, aims to eliminate plastic waste at the source in an…

PepsiCo India to focus on marketing and invest in e-commerce for profitability

INDIA - Indian maker of Pepsi Cola and Lay’s salty snacks, PepsiCo will focus on boosting its market while investing in e-commerce for profitable years ahead, an ET Retail report reveals. According to PepsiCo India president Ahmed ElSheikh, the company is seeking ways to move ahead of existing growth numbers in order to maintain profitable…

PepsiCo and Loop Industries sign multi-year supply agreement for Loop-branded 100% sustainable plastics

USA - Loop Industries, Inc., a leading technology innovator in sustainable plastic and PepsiCo, Inc. have announced a multi-year supply agreement that will enable PepsiCo to purchase production capacity from Loop’s joint venture facility in the United States. According to the company, it will also incorporate Loop PET plastic, which is 100% recycled material, into…

Coca Cola, PepsiCo and Nestle are the largest waste contributors, says Greenpeace

CANADA – Greenpeace, a non-governmental environmental organization, has released an audit which said that Coca Cola, PepsiCo and Nestle are the top three contributors to ocean waste and pollution. According to the organization, together with their partners in the Break Free From Plastic movement, they enlisted the help of 10,000 volunteers across 42 countries to…