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Bottle producing giant Owens-Illinois (O-I) is taking Venezuela to a World Bank Tribunal, after the socialist country’s hostile nationalisation of 2 of the company’s plants last October.
Beverage industry innovation is led by hot rather than soft drinks, with the latter significantly more profitable and associated with an increased interest in new product forms, according to Euromonitor.
The firm behind Bazi – an antioxidant-rich energy shot claimed to trump rivals in the nutrition stakes – reckons it could be a $100m brand in four to five years as consumers look for something that will give them more than a caffeine blast.
Irish government plans to introduce a 'sugar tax' on carbonated drinks could lead to widespread job losses within the Irish food and beverage industry and threaten the nation's economic recovery, Food and Drink Industry Ireland (FDII) has claimed.
China is aiming to be the biggest packaging producer in the world by 2012, according to a recent study.
Australia’s Premium Wine Brands and Treasury Wine Estates call on the government to reform the current value-based levies and abolish the wine equalisation tax (WET), as the country’s tax summit looms on the horizon.
The risk of depression lowers by up to 20% with increased caffeinated coffee consumption, a study of more than 50,000 US women has found.
Positive changes to the Finnish tax regime have encouraged a rapid transition from bottled to can beer in the country, according to consumer packaging giant Rexam.
Coca-Cola’s continuing expansion in Russia makes sense from an economic standpoint, while the risks to consumer goods firms of doing business in the country are over-estimated, according to an analyst.
German food ingredients giant Sudzucker, in a trading statment in advance of its results, reports positive earnings for the half year.
Kerry’s acquisition of Cargill’s flavour systems for €168m ($230m) is by no means transformational but will boost the Irish ingredient firm’s beverages and dairy flavours portfolio, claims an analyst.
Tough new regulations concerning classifying energy drinks as 'stimulant drug containing drinks' in Canada are not in the interest of consumers, according to the Canadian Beverage Association (CBA).
Power savings of up to 45 per cent are claimed to result from the modularisation of vacuum pumps in the brewing industry, according to equipment supplier KHS.
Consumer watchdog Which? says it has held trials relating to health claims for 'functional' drinks, and found that the effects of one specific calorie-burning soft drink were not 'as impressive as implied', while the likes of Yakult and Actimel add pounds to shopping bills.
5-Hour Energy is now selling nine million bottles of its energy shots a week compared with seven million last year, a 28% rise in volume, the firm has revealed.
Major players in the carton packaging manufacturing sector have declared the number of their plants meeting key sustainability criteria has doubled since 2010.
Sales of energy drinks are booming, but a new report from Rexam also highlights growing concerns about high caffeine soft drink use amongst young people, especially in the developing world.
SABMiller announcement yesterday that it had agreed the terms of a recommended cash offer for Foster's with that firm's board of around A$9.9bn (€7.42bn) came as no surprise, according to one City analyst.
Caffeinated coffee may not only give you a kick in the morning, it may also reduce the risk of developing diabetes, suggest results of a human trial by Harvard researchers.
PureCircle said that a “delay” in regulatory approval for stevia in the EU was a factor contributing to lower-than-expected sales for the year.
A new pallet protection system for bottles and cans is lighter, greener and more cost effective, said Sonoco.
Further improvements are needed in the collection and recycling of aluminium beverage cans, despite recycling rates for the cans increasing across the EU, according to the European Aluminium Association (EAA).
Natural flavours supplier, Kerry Ingredients, has flagged up a six month dateline for the conclusion of an existing project aiming to optimise the stability of natural citrus flavours for use in beverages.
Major players in the carton packaging manufacturing sector have declared the number of their plants meeting key sustainability criteria has doubled since 2010.
The European Commission (EC) said it will analyse last week's ruling of the European General Court before deciding whether to appeal, after the latter annulled a €31.7m fine levied on Grolsch for cartel activity.
Tetra Pak has pledged to accelerate green product innovation after an environmental report commissioned by the company showed that consumers want well-priced eco-friendly packaging.
International wine manufacturers should look to cultural preferences for niche and premium red wines to be successful in China, according to an industry analyst.
Consumers are set to treat artificial flavourings with an ever greater degree of suspicion, if not hostility, claims a UK report looking at future flavour trends in the food and drink additives market.
Ball Packaging Europe has opened a new €35m production line at its Serbian plant in Belgrade, as it seeks to penetrate into “new markets”..
Consumers of diet soft drinks risk the “rosy self-deception” that such products ‘cancel out’ excess calories consumed through food, while they could also encourage over-eating, Euromonitor International has suggested.
The General Court of the European Union in Luxembourg has annulled a €31.7m fine imposed on Grolsch relating to a Dutch beer price-fixing cartel.
EU sugar supplies are at their most critical levels since the 2005 sugar reform and are causing ‘extreme volatility, instability and disruption’ to the European food and drink industry.
A new report shows enzymes, acidulants and hydrocolloids are the best performers in terms of global food and drink additive growth but preservatives and sweeteners are suffering due to the industry migration from artificial ingredients.
A new process to isolate corn fibre gum and preserve more of its functional components may contribute to better emulsifying properties, say researchers.
Alkalized water firm Balance Water says it has “learnt its lesson” after the UK Advertising Standards Authority ruled yesterday that its advertised health claims were unsubstantiated.
Food Brands Group has re-launched its Rocket Fuel coffee product, which comes packaged in self-heating cups, onto the UK market.
Despite its status as the world’s largest hot drinks manufacturer, Nestlé faces a tough battle for global dominance with Kraft in coffee due to the rising popularity of fresh coffee, according to Euromonitor International.
Wild Flavors has said it will acquire certain assets of natural mint flavor specialist A.M. Todd Group to allow it to expand into new markets and better respond to its customers’ demands.
Ball Packaging Europe is set to launch a new ‘handy can’ within the EU, which will be trailblazed in the UK by PepsiCo and its filling partner Britvic.
EU member states have voted in favour of restricting use levels of controversial food colour, Sunset Yellow (E 110), in flavoured drinks.
Energy drinks giant Red Bull has accused Canadian firm Bullseye Beverages Ltd of infringing Red Bull trademarks and misleading consumers with its Bullseye Energy Drink.
InBev UK has recalled three batch codes of Stella Artois cider due to a risk of fermentation that may cause bottles to burst unexpectedlty, according to the Food Standards Agency (FSA), which has issued a product recall notice.
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.
Emulsifier replacers or alternatives are likely to be used only in the premium end of food and drink products due to cost concerns, claim UK experts.
Coca-Cola Enterprises (CCE) has reaffirmed its plan to invest €17m in its Les Pennes-Mirabeau facility in France.
In anticipation of stevia approval in Europe, leading producer, PureCircle, has announced that it is setting up its European headquarters in the UK to support customers in their launches throughout the region.
The UK Food Standards Agency is looking for specialists to carry out a range of official inspection services.
Finnish government-sponsored research has suggested watering-down drinks such as beer, to curb problems associated with excess alcohol consumption.
The EU is set to abolish the system of sugar production quotas for the bloc as well as guaranteed minimum prices from 2016, according to a Brussels source.
Early feedback from trials of Pepsi Next - PepsiCo’s third attempt to create a successful mid-calorie cola - has been “very favorable”, bosses have revealed.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.
Light consumption of red wine in particular may protect against weight gain, according to a recently published review study from Spanish academics at the University of Navarra.
A ground-breaking Spanish plant that recycles previously discarded materials used in beverage cartons has been officially inaugurated.
New global guidelines on packaging sustainability will help companies reduce their carbon footprint while boosting efficiency and spur more effective communication between players throughout the supply chain, said Unilever’s Nigel Bagley.
A decision is awaited from the Commission on the use of Sunset Yellow FCF (E 110) in non-alcoholic flavoured drinks following a revised exposure assessment from EFSA showing some children in the UK could still be over the ADI levels for the additive.
Néstle Waters is the subject of a $50m class action, filed by a US customer who has accused the drinks giant of an 'oppressive and fraudulent scheme' regarding late payment fees, in a complaint filed with New Jersey Federal Court.
Exploiting expected growth opportunities in the Middle East and Africa, AB Enzymes reports it has initiated a tie-up with one of the main distributors in the region – Orkila - to aid its penetration into the bakery, beverage and food specialities markets.
The UK Advertising Standards Authority (ASA) has upheld a complaint about a national press advert extolling the French origins of Kronenbourg 1664.
European food and sports beverage makers are set to benefit from a new dairy ingredients joint venture, which is aimed at increasing whey protein manufacturing capacity in Europe as well as improving the speed and reliability of the supply of such ingredients, claims Fonterra.
French spirits giant Pernod Ricard has successfully grown European sales in 2010/11 after a worrying 5% slump last year, due to a “recovery in consumer spending”.
Protein beverages can have mass market appeal if firms get the formulation right, keep calories down and refocus marketing efforts on the people that are actually drinking their products, rather than the people they think are drinking them, according to one recent market entrant.
Berry Plastics Corp announced the acquisition of two packaging companies this week as it aims to boost its market share in North America.
Initial feedback from a trial in Ohio suggests milk fine filtered to remove ‘impurities’ could be a big hit with US consumers, claims Dean Foods subsidiary WhiteWave Foods.
Almost half of the U.S. population indulge in sugary drinks on a daily basis, according to a new report from the CDC.
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