News & Analysis for the Beverage Industry
Krones has warned that damages it may be forced to pay over its alleged involvement in a US fraud and racketeering scam could cut its profits by tens of millions of dollars. The company denies any wrongdoing.
Despite a slump in 2011 net profits, Crown Holdings chairman and CEO John Conway said new beverage can lines in “promising emerging markets” such as Brazil, Vietnam and China boosted the company’s fourth quarter (Q4) and full-year trading performance.
Freudenberg Process Seals is launching its new Fluoroprene XP 40 sealing material onto the US market, and said it overcome the limitations of existing products offered to beverage processors.
Ball Packaging says it is selling every beverage can it makes for the Chinese market, with huge opportunities in sectors such as beer, and wants to relocate equipment there from ‘mature markets’ such as the US.
People who drink diet soft drinks could be at an increased risk of suffering from heart attacks or stroke, according to new research findings.
While single-cup coffee made using pods is still a popular choice among devotees of the drink in the developed world, recent Mintel research suggests that cost may be a barrier to further uptake of the technology.