PepsiCo revenues jump 20.5% in Q2 buoyed by recovering out-of-home consumption

US – PepsiCo, a US-based multinational food and beverage company, has reported a 20.5% increase in net revenue in its second-quarter results buoyed by easing pandemic restrictions in its major markets across the world.  For the quarter ending 12 June 2021, the company posted net revenues of US$19.22 billion, compared with the US$15.95 billion recorded for the same period last year.   The company’s PepsiCo Beverages North America division put in a strong performance in Q2 with a 24% increase in net revenue, while volume increased by 15%.  PepsiCo says that it gained market…

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Coca-Cola transitions to 100% rPET bottles in UK as PepsiCo Europe commits to slash 25% sugar levels in sodas

EUROPE – American beverage manufacturing giant is taking sustainability in beverage manufacturing a notch higher by transitioning to 100% recycled polyethylene terephthalate (rPET) bottles in all on-the-go bottles in Great Britain.  According to a statement from the company, the transition involves all 500ml or less plastic bottles and covers the company’s entire portfolio of brands.  With the transition, Coca-Cola brands in the Great Britain including Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Fanta, Sprite, Dr Pepper and Lilt will all be packaged in rPET bottles.   The achievement sees Coca-Cola Great Britain up…

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PepsiCo, Pilgrim’s Pride release 2020 sustainability reports showing great progress towards carbon zero

USA – Food and Beverage major PepsiCo and meat processing giant Pilgrim’s Pride have released their 2020 sustainability detailing the progress made thus far in efforts towards net positive environmental impact.  In its report, PepsiCo said that it managed to sustainably source 100% of its direct commodities in 28 countries, with nearly 87% of direct commodities sustainably sourced globally as of 2020.  That same year, PepsiCo also reports having been able to reduce absolute GHG emissions across its value chain by 5% versus a 2015 baseline while at the same time improving its…

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Food beverage majors partner with Carbios to launch world’s first enzymatically recycled bottles

EUROPE – Major food beverage manufacturers Nestlé, PepsiCo and Suntory have partnered with French biochemistry company Carbios to launch the world’s first food-grade enzymatically recycled PET plastic bottle. According to a joint statement, sample bottles for products including Perrier, Pepsi Max, and Orangina have already been produced using Carbios’ enzymatic recycling process. According to Carbios, the successful launch of the bottles is the culmination of nearly ten years of research focusing on development of a new process to supercharge enzymes that naturally occur in compost heaps and normally break down…

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PepsiCo’s Frito-Lay announces US$200m investment in US snack facility expansion

US – Frito-Lay, a division of US snack and beverage giant PepsiCo, has announced an investment of US$200 million into the further expansion of its Rosenberg site in Texas, US.  The new capital injection will be used to add two manufacturing lines for its onion-flavoured corn snack brand Funyuns and tortilla chips, as well as increase the capacity in its warehouse.  The expansion is in addition to a US$138 million investment in the site announced back in 2019 – which will see Frito-Lay add a new Cheetos line and new seasoning and packaging equipment.   The…

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PepsiCo debuts sugar-free cola variant Pepsi Maxi in Uganda

UGANDA – PepsiCo, leading beverage and snack company, has introduced Pepsi MAX, a low-calorie and sugar-free cola in the Ugandan market. The new drink will be distributed by the company’s subsidiary Crown Beverages Limited. The launch is part of CBL’s ongoing focus of helping consumers to make healthier choices as it stamps its lead position in the Ugandan soft-beverage market. “While health is high on the agenda, taste is the number one reason for soft drink purchase choice so we are focusing on delivering our Pepsi MAX great taste message…

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Uganda’s Crown Beverages invests in new water processing plant, launches jumbo sized returnable bottle of Nivana water brand

UGANDA – PepsiCo, through its subsidiary Crown Beverages Limited (CBL), has established a new plant with two dedicated water processing lines in Uganda. Boosting the company’s production capacity and broadening its market share, CBL has unveiled the new 20 litre jumbo size bottle of its Nivana water brand. “It is with great pride and immense pleasure that I introduce to you the latest addition to the Crown Beverages Limited product list, the Jumbo size Nivana water packaged in 20 litres returnable Bottle,” excitedly stated CBL CEO, Paddy Muramiirah. CBL’s move…

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Mondelēz partners with major food companies to support flexible plastic recycling in UK

UK –Mondelēz International together with other major food manufacturing companies such as Mars UK, Nestlé, PepsiCo and Unilever have come together to support flexible plastic recycling in the United Kingdom (UK). According to a statement from Mondelēz, the companies have set up a £1 million fund to help make flexible plastic recycling economically viable for recyclers and easier for consumers in the UK. To make flexible packaging a reality, the fund will collaborate with manufacturers, retailers and recyclers to give the material a stable value. This will, in turn, increase…

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Coca-Cola to discontinue energy drink line in North America as PepsiCo unveils new Gatorade sports drink

NORTH AMERICA – Leading fizzy drinks manufacturer Coca-Cola has announced plans to discontinue Coca-Cola Energy in North America, less than two years since it launched in the market. Coca-Cola Energy which was the company’s first energy drink launched in the US in January 2020 along with a new exclusive cherry flavour. The drink was first released in Spain and other European countries back in 2019 but has not achieved the traction that Coca-Cola had hoped to get in its home market. In a statement, the maker of Coke soda brand…

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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site

US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly site where the expansion will take place began operations in 1980 with 200 employees, but it currently employs approximately 740 full-time associates. Expansion works include plans to expand its existing manufacturing facility and warehouse, as well as add two new Cheetos manufacturing lines. An additional 120 new jobs are expected by the expansion which will also mark the first time that the Cheetos brand will…

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