Diageo has confirmed circa. 200 job losses across its head office and regions as the Johnnie Walker and Guinness producer targets annual cost savings of around £200m by 2017.
DS Smith plans to make 54 redundancies across two plants in the UK as it installs a corrugator machine as part of a £100m investment programme, which will be fully operational by the end of the year.
Avantium has closed a financing round of $50m from a consortium including Swire Pacific, The Coca-Cola Company, DANONE, ALPLA, and existing shareholders to advancing PEF packaging material.
Steve Adams is a sensation at Coca-Cola Enterprises (CCE). A former electrical apprentice, he rose to become CCE group director of supply chain operations for Great Britain in April last year, following a four-year stint as operations director at the...
PepsiCo Inc. has announced plans to invest $5 billion in Mexico over the next five years in an effort to strengthen the firm’s Latin American food and beverage footprint.
Future Consumer Enterprise, the FMCG division of Kishore Biyani’s Future Group, has been busy this week, announcing it will launch Sunkist in India, and divesting itself of Capital Foods, a major private-label brand.
BRAND CELEBRATES FIRST ANNIVERSARY OF COKE INVESTMENT
The CEO of Core Power – the first US dairy brand Coke invested in directly – says his firm is selling the ‘sex appeal of vitality’ with its high protein shakes, and plans further product launches.
Boulder Brands believes the future is bright for high pressure processing (HPP) treated fruit juice after snapping up an $8.8m stake in Californian juice brand Suja.
Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.
Diageo says that collaborations with the likes of SAB Miller, Heineken and Coke are helping the beverage industry lessen its impact in water-stressed regions worldwide.
Constellium has invested €23m in two projects at one of its aluminium rolling and recycling plants that serves the food and beverage packaging markets.
AB InBev claims that a new bowtie-shaped Budweiser can riffing on its logo, a permanent addition to its US packaging portfolio from May 6, is wholly unique and ‘very appealing to young adults’.
Buoyed no doubt by new premier Xi Jinping’s seemingly positive approach to the presence of international businesses in China, Anheuser-Busch InBev has indicated it plans to make further inroads in the country.
UK food processors could save £120,000 (€141,000) through eco-friendly factory design, according to Chalcroft Construction, which specialises in food industry projects.
Specialist plastics packaging firm Petainer Group has invested millions of euros into new injection moulding equipment to boost production at its site in Lidkoping, Sweden, with more investment planned.
The Coca-Cola Company has announced plans to invest $300m in its Vietnamese system over the next few years to capture further growth opportunities in 'one of the world's major emerging markets'.
European food and drink manufacturers are making a "bold gamble" on research and development (R&D) investment in the tough economic climate, according to results from the latest IPA 2012 survey.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
Channels for UK food industry funding for environmental projects could be improved, according to Andrew Kuyk, director of the Food and Drink Federation’s (FDF’s) sustainability and competitiveness division.
The world’s largest poultry processing machinery manufacturing company has been sold, said its private equity owner, after more than doubling its size and profits in just seven years.
Amcor said strong performance across the board in its flexible and rigid packaging divisions fuelled a 14% profit increase in the first half of the year as recent acquisitions of Ball and Alcan continued to reap rewards.
Leading bottler Coca-Cola Amatil New Zealand (CCANZ) has invested NZ $15m in bottle self manufacture and undertaken a multi-million dollar rebuild in Christchurch.
Ecolab said it has completed the US$8.3bn (€6.4bn) takeover of Nalco as part of a strategy to tap into global mega-trends such as food safety and the need for industry players to maximize operational efficiencies such as energy and water reductions.
French aluminium producer Constellium has announced plans to invest €28m in production processes across French and German sites in response to ‘growing customer demand’.
Coca-Cola’s continuing expansion in Russia makes sense from an economic standpoint, while the risks to consumer goods firms of doing business in the country are over-estimated, according to an analyst.
With one of the fastest growth rates in the world and per capita consumption forecast to double by 2015, the India plastic sector represents a major commercial opportunities for foreign companies, said the British Plastics Federation.
Rexam’s half-year results show profit before tax up by 19 per cent on 2010. The growth was driven largely by the packaging company’s beverage can business in Europe, which saw operating profits rise by 12 per cent.
Diageo has dramatically upped efficiency and production in parallel with a £105m investment programme at its Cameronbridge distillery, which makes leading Scotch whisky and white spirit brands.
