Economic and political uncertainty across its markets and ‘persistent’ input cost pressures have hit Coca-Cola Hellenic's first quarter results, with volume sale declines of two per cent and significant losses for the quarter.
A Chinese ‘health and wellness’ trend inspiring a move away from carbonates towards waters and teas with added vitamins is boosting liquid carton sales, according to Euromonitor packaging analyst Regina Maiseviciute.
Inflated costs and adverse foreign exchange conditions saw Crown Holdings post a slight year-on-year profit drop in the three months to the end of March 2012 – despite notching up improved sales figures and increased beverage can volumes.
SIG Combibloc says that milk-mix drinks are a rapid growth category in Brazil, and has revealed that it is discussing new “business opportunities” with PepsiCo having just supplied the beverage giant with a new filling line in the country.
Molson Coors has swooped to takeover Staropramen brewer StarBev for €2.65bn and says it aims to leverage its own premium brands in central and eastern Europe (CEE) citing the success of Carling in the Ukraine, which it said was now an ‘aspirational’ London-linked...
Nestlé says its latest investment in a UHT milk factory in Sri Lanka will have a positive “ripple effect” on suppliers and farmers in the country, and lend it the ability to extend its product offering to consumers.
German beverage machinery supplier Krones says that interest in premium juices and milk-based mixed drinks with natural fruit pieces is growing in key European markets, in the wake of its recent Twin-Flow concept launch.