The US Congress has passed the Craft Beverage Modernization and Tax Reform Act of 2017 (CBMTRA), a bill that will cut the federal excise tax on beer, spirits, and wine producers effective on Jan. 1, 2018.
Sugar taxes have continued to gain momentum in 2017, but the introduction of new legislation is rarely straight-forward. We take a look at countries around the globe where sugar taxes have been making headlines this year.
Stevia supplier PureCircle has opened a new application laboratory in India as it seeks to boost sales to manufacturers that are looking to develop new low-calorie products to counter rising cases of obesity and diabetes in South Asia.
AIPIA (Active & Intelligent Packaging Industry Association) will bring a US-centric selection of intelligent packaging to its American audience, launching its first World Congress in New Jersey next year.
Nestlé Waters North America has sold two of its iced tea brands, Tradewinds and Sweet Leaf Tea, to a private equity firm as part of its strategy of shifting towards a better-for-you beverage portfolio and focus on its legacy bottled water brands.