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…

Nestle and PepsiCo to end partnership with Indonesia’s palm oil company Indofood

INDONESIA - Global confectionary brands, Nestlé and PepsiCo have announced that they are cutting ties with Indofood, Indonesia’s largest food and palm oil production company. According to Eco-business, the two companies, both long time business partners of Indofood, have ended direct and indirect sourcing of palm oil from IndoAgri, a Singapore-listed subsidiary of Indofood, due…

PepsiCo joins Danone, Nestlé Waters and Origin Materials to the NaturALL Bottle Alliance

WORLD – PepsiCo Inc. has joined the Alliance to advance the shared goal of creating beverage containers with a significantly reduced carbon footprint, joining Danone, Nestle Waters and Origin Materials. The NaturALL Bottle Alliance is a research consortium formed in 2017 by Danone, Nestlé Waters and bio-based materials development company Origin Materials to accelerate the…

PepsiCo announces ambitions to achieve 50% recycled plastics by 2030

EU - PepsiCo has announced ambitions to achieve 50% recycled plastic (rPET) in its bottles by 2030 across the European Union (EU), with an interim target of 45% by 2025. According to the company, the move will see the multinational food, snack and beverage giant more than triple the amount of recycled plastic it uses, equating…

PepsiCo to introduce start-up accelerator programme in the U.S. after Europe’s success

USA – PepsiCo, an American multinational food, snack, and beverage corporation, has announced that it will introduce its Nutrition Greenhouse start-up accelerator programme in the US, following the success of the scheme in Europe. According to FoodBev, the programme aims to find and support ten emerging brands in the food and beverage sector who have…

PepsiCo India’s marketing head Vipul Prakash resigns, Vishal Kaul to take over

ASIA - PepsiCo India’s Senior Vice President-Beverage category and transformation Vipul Prakash has stepped down to pursue an entrepreneurial opportunity outside the company. He will be succeeded by Vishal Kaul who joined the company recently from Ola and has been associated with PepsiCo since 1999. "Vipul Prakash, Senior Vice President, Beverages Category, India Region has…

PepsiCo launches The Hive incubation platform in North America

USA – PepsiCo, an American multinational food, snack, and beverage corporation, has launched a new entity in North America, called The Hive, which will focus on developing emerging brands within the company’s portfolio. According to FoodBev, the creation of the unit aims to assist the firm in transforming its portfolio to meet changing consumer needs and deliver…

Domino’s seeks to terminate Indian partnership with Coca-Cola for PepsiCo

ASIA - Domino’s Pizza, the American pizza restaurant operated by Jubilant Food-Works (JFL) in India is seeking to end its global partnership with Coca-Cola in India, with possibility of swapping it with its rival PepsiCo, two officials aware of the matter revealed. According to ET Retail, Domino’s is in active negotiations that may see the…