The wine industry contributes $219.9bn to the US economy a year, making it a ‘major economic engine’, according to Wine America. The industry also provides nearly a million direct jobs.
The boss of Adnams brewery has joined food industry executives and other business leaders in backing the Confederation of British Industry’s (CBI’s) campaign in support of Britain’s EU membership.
spiritsEUROPE revealed today that it has written to the Bulgarian Finance Minister asking him to delay a duty strip stamp change, which it warns could cost premium spirits producers.
SIG Combibloc completes Phase II €40m extrusion line
Cautious optimism prevails among members of the EAFA (European Aluminium Foil Association) after it released its second quarter alufoil results for 2013.
A leader with Dow Water & Process Solutions told FoodProductionDaily.com at the recent IFT 2013 event that water-related processing issues offer challenges, as well as opportunities.
Despite provisional Competition Commission (CC) clearance for the AG Barr/Britvic merger, City analysts believe Britvic will ‘seek improved terms’ in light of its better recent performance.
Strong Coca-Cola brand performance in India – which saw overall growth of 35% – underpinned three per cent growth in the year to date for the Coke in sparkling beverages, but the firm warned of a 'prolonged crisis' worldwide on the economic...
European glass packaging production bounced back to pre-recession levels in 2011 as output jumped over 4% to almost 22m tonnes, said the sector’s leading trade association.
The Chinese are drinking more beer and buying more expensive varieties, but multinational brewers need to innovate to seize growth opportunities presented by groups such as female drinkers, says Mintel.
The food and beverage production industry is ramping up its innovation pipeline as a way of bucking the uncertain economic trend, Anuga FoodTec show director Peter Grothues told FoodProductionDaily.com at the event last week in Cologne, Germany.
Turkish frozen drinks company Meykar is to get a €1.4m loan from the European Bank for Reconstruction and Development (EBRD) to buy new processing equipment.
A year after natural ingredients supplier Wild announced plans to go public, CEO Michael Ponder explained what an IPO can do for the company and what will determine its timing.
The market for beverage processing machinery slumped last year but indications are that 2010 will mark a recovery as suspended or delayed projects are taken up again.
Krones has fallen into the red for the first time in nine years as demand in the packaging machinery market slumped worldwide by more than 25 per cent.
Australia’s food processing sector has hailed a government move to grant a A$150m aid package to help it implement a national carbon footprint reduction scheme.
Last month, major industry players got together in Anaheim, California for this year's IFT trade show - and the FoodNavigator team was there to cover all the latest developments.
As the stevia industry is poised for wide take-up, harmonisation and recognition of the need for standards is crucial to securing a good reputation from the outset, according to ChromaDex CEO.
Nestle has indicated that the recession need not be all about cutting costs and keeping prices down, unveiling initiatives to tackle longer-term economic and social challenges, and create shareholder- and public-value.
Eastern European markets like Russia have been a key driver for brewers’ sales in recent years, though as governments in the West look to help prop up some economies in the region, beer is one area that may lose its fizz for multinationals.
A number of wine and spirits makers suggest the industry should remain optimistic in the long-term over sales growth, despite the potential impact of the economic downturn on consumer demand.
Growing consumer spending levels in China have helped boost sales
at two of the world's leading drinks groups. South Africa's
SABMiller and France's Rémy Cointreau both benefited from the
increasing interest in premium...
Coca-Cola has confirmed that construction has begun on a new
bottling plant in the Zhangquiu City near Jinan, capital of
Shandong Province in east China. The move is part of a trend
whereby large food and drink companies are increasingly...
Italy-based chemical group Gruppo Mossi & Ghisolfi (M&G) is
constructing a new high-performance PET plant in South America,
warning that the commodity market is becoming seriously
oversupplied, writes Anthony Fletcher.
Changing attitudes to the health benefits of foods and an increased
effort to solve technical and economic issues has raised support
for flour fortification among industry members, showed a meeting
held in London yesterday.
Associated British Foods, the UK-based international food,
ingredients and retail group, has announced that it has sold its
glass packaging business, Allied Glass Containers, to its
management who are supported by Close Brothers Private...
