Indian Unilever subsidiary to merge food and refreshments division

INDIA - Hindustan Unilever Ltd (HUL), the Indian subsidiary of Unilever N.V has announced that it will combine its foods and refreshments businesses effective July in order to advance growth in line with global category structure of the parent company Unilever. The combined food and refreshment segment will be headed by Sudhir Sitapati, currently the…

Unilever’s Lipton releases new fruit-infused iced herbal teas

USA – Unilever’s Lipton, one of the world's great refreshment brands, has released a new range of fruit-infused iced herbal teas with no added sweeteners, artificial flavors or caffeine. According to the company, the two new flavours; Strawberry Watermelon and Mango varieties feature a combination of fruity aromas and hibiscus flowers. Lipton Strawberry Watermelon Iced…

Unilever Ghana reports 16% revenue growth on stable economy

GHANA - Unilever Ghana has announced that its revenue for the year ended 31 December, 2017 grew 16% to US$122.69 million from US$105.83 million in 2016 driven by increased volumes of sales and a stable economy. Operating profit before tax was US$13.93 million, representing 22% increase over 2016’s US$11.41 million while profit-after-tax improved by 23.3%…

Unilever Nigeria to sell Spreads business after 30% increase in turnover

NIGERIA - Shareholders of Unilever Nigeria Plc have approved the proposed sale of its spread business unit to Netherlands based consumer staples and packaged food company, Sigma Bidco. According to Vanguard, the company also unveiled its financial report, having recorded 30% increase in turnover to US$251.59 million from US$193.34 million in the previous year, 2016,…

Unilever Ghana appoints Nazaire Djako as new Supply Director

GHANA - Unilever, the largest producer and retailer of consumer goods in Ghana has appointed Nazaire Djako as new Supply Director for Ghana effective March 8, 2018, reported GNA, quoting a statement from the company. His role includes overseeing operations at the Unilever Tema factory, and liaising with other functional Directors to ensure effective manufacture…

Arytza appoints former Unilever executive as CEO for Europe

SWITZERLAND - Arytza, the Swiss-Irish food group announced it has appointed Gregory Sklikas, former executive at Unilever and FrieslandCampina as new CEO for Europe effective May 2018. Gregory will succeed Dermot Murphy who’s stepping down, having served in the position for 20 years. He spent his career at Unilever for 14 years and 11 years…

Unilever reports a 3.7% sales growth in first quarter results of 2018

LONDON - Unilever announced its results for the first quarter of 2018, with underlying sales growth of 3.7% which show good volume-driven performance across all its three divisions. According to the company, the Underlying Sales Growth (USG) excluding spreads was 3.7% with an encouraging shift to volume-led growth compared to the prior year. Across all…

Swirl’s Ice Cream launches black ice cream in Netherlands

NETHERLANDS - Swirl’s Ice Cream has launched black ice cream to the food market in the Netherlands, with a variety of ingredients that naturally dye foods black or are naturally black. According to FoodingredientsFirst, the new black ice cream will also contribute to new flavor profile or claim to add health benefits as activated charcoal…

Unilever partners with Ioniqa & Indorama in new PET recycling technology

NETHERLANDS - Unilever has partnered with Ioniqa, a high-tech chemical company and producer of PET resin Indorama Ventures to develop a technology that would allow recycling of plastic waste into virgin grade material for the food industry. The technology, pioneered by Ioniqa, is able to convert any PET waste - including coloured packs back into…

Unilever Nigeria aims to achieve 100% in local sourcing by 2019

NIGERIA - Unilever Nigeria has embarked on local sourcing of raw materials by partnering with local partners to enhance capabilities in production with an aim to achieve 100% in local sourcing by 2019. In collaboration local and intermediary companies, Unilever is building on long-term relationship with its strategic partners with a focus on value and…