PepsiCo savors $363m US tax triumph over IRS
PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in Europe and Puerto Rico.
Archives for September 25, 2012
ABA slams sugar-sweetened beverage obesity studies
The American Beverage Association (ABA) has slammed a series of studies that link sugar-sweetened beverage consumption and obesity, accusing them of doing “nothing meaningful” to help address the issue.
Ardagh invests in European food can line
Ardagh has invested €10m in a two piece drawn, walled and ironed (DWI) food can line in the Czech Republic.
Coke wows Kiwis with personalized PET bottles
Coca-Cola New Zealand is selling PET bottles of Coke personalized with one of 150 names popular in the country, and encouraging Facebook fans to 'share a virtual can'.
Tetra Pak boosts Turkish output with lamination investment
Tetra Pak has invested €25m in lamination facilities at its Turkish packaging material plant, to lift beverage carton production capacity by 20%.