Asahi has highlighted plans to focus more strongly on its canned beer and healthier innovation businesses as it braces itself for cost pressures in Japan from October.
Food and beverage industry boardrooms are increasingly engaging in water sustainability and investing in water security, says not-for-profit CDP. So which companies made CDP’s annual water A-list?
The cost of alcohol use to the government in England has been over-stated by public health campaigners, and in fact the revenue from taxes outweighs such costs to the tune of £6.5bn, according to a report from the Institute of Economic Affairs.
Sainsbury’s former environmental affairs manager Alison Austin says she is skeptical about a mainstream future for self-cooling beverage cans with mainstream brands such as Coke.
Coca-Cola Amatil (CCA) MD Terry Davis has responded to an attack from the CEO of retail giant Coles, who claims that Coca-Cola costs Australian consumers too much at a 60% price premium over Asia.
The UK’s largest private brewer, Wells & Young’s, says that investing in new coding and marking technology from Domino has enabled it to significantly cut costs and increase productivity.
GEA said continuing strong demand for food processing technology meant it was “satisfied” with performance in the first quarter of 2012 even as one-off integration costs for its food solutions unit were largely responsible for its year-on-year operating...
Rabobank has warned that orange juice prices are likely to remain high over the next decade as farmers in Brazil and the US battle higher production costs.
Coca-Cola has put a figure on the likely impact on its finances of the earthquake and tsunami in Japan after publishing first quarter results that fell slightly below Wall Street expectations.
Orange juice prices have begun to fall from the highs seen in February but a Rabobank analyst warned that increases in the basic cost base mean prices are likely to settle on a higher long term plane.
National Starch has launched a fruit pulp replacer in Europe that aims to bring down the cost of making mango juice drinks without upsetting flavour or texture.
Tetra Pak has claimed that its Operational Cost Reduction (OCR) programme for dairy and juice firms cuts the cost of running a packaging line by an average of 12 per cent.
Processors could soon have access to a cheaper way to test high pressure processing (HPP) technology – so-called ‘cold pasteurisation’ – as interest in the technique returns to the industry, reports sister title Food Manufacture.
Food manufacturers are facing additional cost pressures due to the recent hikes in packaging materials, with Nampak the latest in a series of packaging firms to raise prices.
Rising food prices are not a short-term problem so food
manufacturers must adapt accordingly, making wise strategic
choices, strengthening innovation and streamlining operations, says
a new report.
Coffee prices continued to rise into 2008 on the back of increased
costs at the end of 2007, according to new figures from the
International Coffee Organisation (ICO).
Rising costs and shrinking supply of sugar molasses are driving up
the cost of yeast extract production, says Bio Springer, which is
today announcing a double digit price increase for its extracts as
of next year.
FMC Biopolymer will again increase prices for its food ingredients
on the back of high energy and raw material costs, and the company
says it expects prices to continue rising.
Kraft Foods has confirmed that it is increasing prices of many of
its products in the United States by an average of 3.9 per cent
because of rising energy and packaging costs caused by higher
global oil prices.
Amcor, the world's largest producer of PET, is pushing for a third
round of price increases this year, while a report forecasts
polymer prices are set to hit new highs next month.
As a further sign that packing companies are about to hike prices
in a big way, two of the industry's associations have told
customers they should expect to pay more their products.
Recent technical developments in resin formulation and the design
of pre-forms has allowed the beverage industry to use clarified PP
in the same way as PET.
Chinese consumption is a major factor behind potential steel price
increases in Europe, something that could hit food and beverage
packagers globally, writes Anthony Fletcher.
EU fruit and vegetable canners are concerned that major European
steel producing companies such as Arcelor, Corus, Rasselsein and
US-steel could be about to increase steel prices by 20 to 30 per
cent. Anthony Fletcher reports.
Surging wheat prices are leading to some hard bargaining along the
supply chain over where the extra costs can and should be taken,
according to millers and bakers.
Coffee imports to Europe were 30 per cent cheaper last year than in
1998, according to recently published figures from the
International Coffee Organisation (ICO).