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  • Pernod Ricard to Acquire Super-premium Italian Gin Brand Pernod Ricard is acquiring Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed price. Malfy is a range of super-premium gins distilled by the Vergnano family in the Italian region of Moncalieri, and already present in several international markets such as the United States, United Kingdom and Germany. Each gin in the [...]...
  • Nestlé and Carrefour Give Consumers Access to Blockchain Platform Nestlé and Carrefour, the French retail group, have announced that they are giving consumers access to blockchain data for Mousline purée in France. This is the first time that Nestlé is sharing information on its products with consumers via a blockchain platform. Consumers can use their smartphone or other device to scan a QR code on [...]...
  • Plastics Action Alliance Sets Targets to Achieve Sustainable Reduction in Use of Plastic in Ireland Plastics Action Alliance, the recently formed group that comprises of 11 leading agricultural processing and food businesses in Ireland, has set out its key objectives. The industry leading group aims to significantly reducing the use of plastic packaging across its members’ operations. Formed at the end of 2018, the Plastics Action Alliance is a collaboration that [...]...
  • Carlsberg UK Gets Honest About Its Beer Carlsberg UK has launched its most ambitious and honest consumer facing campaign ever in a bid to drive reappraisal of its flagship beer brand. Expected to reach 97% of the UK, the £20 million campaign conceived in collaboration with agency partners Fold7, Clifford French and Initiative – trades on the equity of the brand’s renowned [...]...
  • Alternative Proteins Challenge Dairy Dominance The value of the sports nutrition market is set to grow by around 8% per year to reach over US$17 billion globally in 2021, according to Innova Market Insights’ forecasts. The mainstreaming of the market has led to a surge in interest in plant-based alternatives with the traditional dominance of whey and other dairy proteins [...]...

Global Spread and Big Brands Drive Profit at SABMiller

  Global Spread and Big Brands Drive Profit at SABMiller

SABMiller, one of the world’s leading brewers with operations and distribution across six continents, has increased reported EBITA by 13% to $2.47b for the six months to September 30th 2010. The growth was 10% on an organic, constant currency basis, as key operating currencies strengthened against the US dollar compared to the equivalent period in […]

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Three new Kliklok machines for Belgian food producer

  Three new Kliklok machines for Belgian food producer

Kliklok has just installed THREE of their new KII cartoners to Belgian frozen food producer NANUK.  Based in Waragem, this family run company has a number of Kliklok machines in operation.  A huge increase in demand for their high quality savoury and dessert products led to Nanuk placing their order for three brand new machines.
An […]

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Strong First Half Performance By Fuller, Smith & Turner

  Strong First Half Performance By Fuller, Smith & Turner

British regional brewer Fuller, Smith & Turner has increased pre-tax profit by 11% to £16.8m on revenue up 4% to £121.5m for the 26 weeks ended September 25th 2010. The managed pubs and hotels division, which is the largest part of the business, achieved a 3.3% increase in like for like sales and an 8% […]

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Nestle Adopts IFRS From 2011

  Nestle Adopts IFRS From 2011

Nestle will change its sales recognition policy in line with International Financial Reporting Standards (IFRS) from the start of 2011. The change will reduce Nestle’s reported sales by about 15% as expenses such as discounts as well as certain allowances and promotions for retailers will in future be deducted from proceeds of sales, leading to […]

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€1.4 Billion Bid For Yoplait Rejected

Private equity firm PAI Partners and French dairy co-operative Sodiaal have rejected a Eur1.4b bid to buy Yoplait from Lactalis. The international yoghurt producer has been up for sale since earlier this year when PAI Partners decided to dispose of its 50% stake.
If successful, the bid by Lactalis would have kept the Yoplait brand under […]

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IBC Handling Guide for Safety and Efficiency

  IBC Handling Guide for  Safety and Efficiency

Schütz manual provides detailed information about transport containers

Selters. Modern IBCs (intermediate bulk containers) come in such a wide range of variants today that there are practically no limits to their application as a transport and storage medium for liquid (hazardous) goods – nor to the importance of ensuring their efficient and safe […]

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Kerry Demonstrates Chocolate Expertise at ZDS Chocolate Technology International 2010

Kerry Ingredients & Flavours is highlighting its chocolate expertise alongside its increasing focus on the German confectionery market on Stand 8B at ZDS Chocolate Technology 2010, which is being held at Congress-Centrum Nord, Koelnmesse, Cologne, Germany between 7-9 December, 2010.
Application and technology samples will feature on the Kerry stand, demonstrating the company’s ability to provide […]

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Cooley Named Best Distillery in Europe for Third Consecutive Year

  Cooley Named Best Distillery in Europe for Third Consecutive Year

Cooley Distillery, Ireland’s only independent distillery, has been named European Distiller of the Year for the third consecutive year at the annual International Wine and Spirits Competition (IWSC). Cooley Distillery founder and chairman, John Teeling believes that Cooley’s achievements throughout the downturn are proof positive that the exporting and marketing of quality Irish produce will […]

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United Biscuits Sale Talks End

  United Biscuits Sale Talks End

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have ended with no formal offer forthcoming. The co-owners of United Biscuits, private equity firms Blackstone Group and PAI Partners, have now opened talks with other potential […]

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Lotte Group to Invest €200 Million to Expand Wedel

  Lotte Group to Invest €200 Million to Expand Wedel

Tokyo-based Lotte Group is reported to be investing in the region of Eur200m to expand and diversify its Wedel confectionery business in Poland. The expansion programme entails the construction of five new factories, including an initial investment of Eur70m.
Lotte Group acquired the Wedel branded chocolate and sugar confectionery operations in Poland last June from Kraft […]

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Long-term Problems in UK Wine Market Undermine Profitability

  Long-term Problems in UK Wine Market Undermine Profitability

Long-term problems in the UK wine trade, which is the world’s largest importer, are threatening profitability for major suppliers who have become dependent on the market, according to Rabobank.
Wine imports to the UK rose by 6% in the first half of 2010, but this fails to compensate for the almost 10% decline in the same […]

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European Business News – Week ending November 19, 2010

During a week when the Republic of Ireland’s beleaguered Government went cap in hand to the EU and IMF for a financial bailout to try and stabilise its foundering banking system, it was ironic that two Irish companies achieved notable successes abroad, stressing the importance of the food and drink industry in contributing to the […]

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Milkiland Moves Closer to Public Listing to Fund Expansion

  Milkiland Moves Closer to Public Listing to Fund Expansion

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public offering of over 22% of its shares as it prepared to list on the Warsaw Stock Exchange. “We expect that our integrated business model, our strong position in the Commonwealth of Independent States, one of […]

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Princes Eyes Premier’s Canning Business

  Princes Eyes Premier’s Canning Business

UK-based food and drink group Princes, which is owned by Mitsubishi of Japan, is reported to be one of the potential buyers of Premier Foods’ canning operations in East Anglia, England. Incorporating sites at Wisbech in Cambridgeshire and Long Sutton in Lincolnshire, Premier’s canning business is valued at up to £250m by some analysts.
Loyd Grossman […]

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Lactalis Makes Offer For Yoplait

  Lactalis Makes Offer For Yoplait

French dairy group Lactalis is reported to have made an offer for Yoplait, the international dairy business, to create a big French dairy sector champion worldwide. Such a deal, which values Yoplait at about Eur1.3b, would also and retain the Yoplait brand under French ownership.
Operating through a franchise system and marketed in over 75 countries […]

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Healthy Balanced Diet Communications Guide For Food Companies

A new guide to help UK food businesses communicate with consumers in a clear and consistent way about achieving a healthy balanced diet is being published by IGD, the international food and grocery experts. The Best practice guide to communicating to consumers about a healthy balanced diet has been developed to ensure information provided is […]

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Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

  Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production along with significant band strength in biscuits and frozen pizzas, respectively through the Fox’s and Goodfella’s brands. The merger is expected to yield cost synergies […]

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Arla Increases Payment to Farmers as Profit Target Maintained

  Arla Increases Payment to Farmers as Profit Target Maintained

With Arla Foods maintaining its profit projections for 2010 of DKr1.2b, the Scandinavian dairy co-operative has decided to increase the milk price to members for the fifth time this year.
“During 2010, the global market improved viewed against the crisis year of 2009. This means that prices for dairy products have adjusted accordingly and our earnings […]

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Premier Foods Approached About Sale of Canning Operations

  Premier Foods Approached About Sale of Canning Operations

Premier Foods, the UK’s largest domestic food processor, has confirmed that it has received approaches regarding a possible sale of its East Anglian canning operations. Since its £1.2b acquisition of RHM in February 2007 shortly after its £480m purchase of Campbell Soup’s British and Irish operations, Premier Foods has struggled with its billion-pound debt mountain. […]

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Strong Annual Operating Performance by Refocused Greencore

  Strong Annual Operating Performance by Refocused Greencore

Following three strategic disposals to become sharply focused on its UK, Irish and US convenience foods operations, Greencore has reported a 17.6% rise in group operating profit from continuing operations to Eur59.7m on sales up by 6.9% to Eur856.9m for the year ended September 24th 2010. Group operating margin from continuing operations improved by 63bps […]

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Interim Profit Down at Robert Wiseman Dairies

  Interim Profit Down at Robert Wiseman Dairies

As expected, following an earlier profit warning, Robert Wiseman Dairies, which processes and delivers 30% of the fresh milk consumed in Britain, has reported a fall in operating profit, down 2.7% to £21.0m, for the first six months ended October 2nd 2010, compared to the corresponding period last year.
Turnover increased by 6.8% to £452.8m during […]

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Unilever Unveils Ambitious Sustainability Plan

  Unilever Unveils Ambitious Sustainability Plan

Unilever has announced plans to decouple its future growth from environmental impact. The food and consumer goods giant has pledged to halve the environmental footprint of its products; help 1 billion people to take action to improve their health and wellbeing, mostly in developing countries, over the next 10 years; and to source 100% of […]

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Dunbia Denies Takeover Speculation

  Dunbia Denies Takeover Speculation

Dunbia, the Northern Ireland-based red meat processor, has stated there is no truth surrounding the recent speculation about an alleged takeover bid by Brazilian company, Marfrig. Dunbia co-owner and group managing director, Jim Dobson says: “Recently there has been media speculation that Dunbia is in negotiations with Brazilian meat company, Marfrig. Dunbia can categorically state […]

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Remy Cointreau Offers Champagne Division Up For Sale

Remy Cointreau is considering selling its loss-making champagne business. The French drinks group has hired Credit Agricole-CIB to commence a competitive bid process for the possible sale of the champagne division, which incorporates the Piper-Heidsieck and Charles Heidsieck brands. Champagne sales fell by 23.7% to Eur96.7m in the year to March last.

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Emmi Acquires the Onken Yoghurt Brand

  Emmi Acquires the Onken Yoghurt Brand

In line with its international expansion strategy, Swiss dairy company Emmi has strengthened its position in both the UK and Germany with the acquisition of the global rights for the Onken brand from Dr Oetker for an undisclosed sum.
Onken is primarily sold in the UK and in Germany, two of Emmi’s key markets. “Onken is […]

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Solid First Half by Dairy Crest

  Solid First Half by Dairy Crest

Dairy Crest has performed solidly during the first six months of the year, benefiting from being a broadly based dairy business with strong brands. Adjusted profit before tax (before exceptional items, amortisation of acquired intangibles and pension interest) was up 5% to £40.1m on the comparable period in the previous year. Reported profit before tax […]

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Record Results From Associated British Foods

  Record Results From Associated British Foods

Associated British Foods has reported a 10% increase in revenue to £10.2b and adjusted operating profit up by 26% to £909m for 2010. With 56% of sales and 46% of operating profit generated outside the UK, the translated results of overseas businesses benefited from the weakness of sterling. At constant currency, and adjusted for the […]

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Strategic Consolidation in Irish Agri-food Industry

Irish agri-nutrition and food company Origin Enterprises, which is 71% owned by international bakery group Aryzta, has reached agreement with W&R Barnett to establish an all-Ireland grain and feed handling, logistics and trading business. The all-Ireland business is being formed through the integration of Origin’s R&H Hall business in the Republic of Ireland and the […]

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Southern Ireland Distribution Firm Oakland International Expands Workforce

Southern Ireland operator, Oakland International, due to organic growth of existing customer business and an increase in new business, has again expanded its workforce at its Ashbourne depot in County Meath. An established consolidation and distribution operator, Oakland’s new recruits, Ciara Meehan, as stock controller, will take charge of in-house computer systems to support warehouse […]

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Strong Annual Results From Barry Callebaut

  Strong Annual Results From Barry Callebaut

Switzerland-based Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, reported strong results for its 2009/10 financial year, ended August 31st last. With a sales volume growth of 7.6%, Barry Callebaut significantly outperformed the global chocolate confectionery market which was basically flat at a growth rate of 0.3%.
All regions contributed to this […]

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Arla Foods UK to Consolidate Butter Production at Westbury Dairies

  Arla Foods UK to Consolidate Butter Production at Westbury Dairies

Arla Foods UK, the British subsidiary of Scandinavian dairy co-operative Arla Foods, is to manufacture retail packet butter at Westbury Dairies, from August 2011. The move follows the announcement in September that Arla Foods UK was to become a shareholder with UK dairy co-operatives First Milk and Milk Link in Westbury Dairies.
All three parties have […]

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Satisfactory Interim Performance by Milk Link

  Satisfactory Interim Performance by Milk Link

Milk Link, the UK dairy co-operative, has more than trebled profit before tax to £12.2m in the first half of 2010, compared to the corresponding period in the previous year, and increased EBITDA from £12.5m to £21.3m. Group turnover was £283m, up from £259m in the first half of 2009.
The 2010 first half financial performance […]

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Record Year at Graham’s The Family Dairy

Graham’s The Family Dairy, Scotland’s largest independent dairy company, achieved record sales and profits during its last financial year ended March 31st 2010. Turnover broke through the £40m barrier for the first time and pre-tax profit rose by 28% to £1.05m.
“We have made a significant investment in product innovation and developing the Graham’s brand, which […]

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Chadwicks Gives Pina Colada Sweet New Sleeves

Leading shrink sleeve manufacturer Chadwicks has given Manchester Drinks’ Pina Colada a sweet new look to make it stand out from the crowd. Innovators in shrink sleeves Chadwicks has created a modern, bright sleeve for the cocktail from Manchester Drinks, which blends pineapple, banana, coconut and white rum to create a ready-mixed version of the […]

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Cargill Innovation Delivers First Chocolate With EU Reduced Calorie Claim

Cargill’s cocoa & chocolate business has unveiled the breakthrough technology behind the first chocolate to achieve an EU-approved consumer claim of ‘reduced calorie’. The 30% calorie reduction is double that of any other chocolate on the market and is equivalent to a saving of up to 160 calories for a 100g chocolate bar.
The innovation has […]

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National Flexible Strengthens its Ethical Credentials

National Flexible, the Bradford-based company specialising in flexible film packaging, has strengthened its ethical credentials through actively working with Sedex, one of the fastest growing not-for-profit organisations dedicated to driving improvements in standards and practices on a global scale.
As a long standing participant in the Sedex scheme, National Flexible’s Quality Assurance team has worked hard […]

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Amplo Filtration Adds Environmental Water Systems to Further Strengthen Offering

Amplio Filtration Holdings, which already includes Puresep Technologies as part of its offering, has purchased Environmental Water Systems (UK), the water treatment specialists. EWS specialises in the design, manufacture, service and supply of water treatment, water purification and waste water recovery systems in the healthcare and industrial sectors, with state-of-the-art products including the EndoTherm and […]

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Encouraging First Half by Tate & Lyle

  Encouraging First Half by Tate & Lyle

Tate & Lyle, the global sweeteners and food ingredients group, has reported an 18% increase in adjusted operating profit to £170m (up 13% in constant currency) for the first six months to September 30th 2010 as its specialist food ingredients and bulk ingredients businesses improved profits by 32% and 13% respectively.
Sales in the first half […]

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First Milk Returns to the Black

  First Milk Returns to the Black

UK dairy co-operative First Milk has reported profit before tax of £3.2m for the six months period ended September 30th 2010, recovering from a loss of £9m in the first half of last year. Similarly, operating profit increased by £11.8m to £3.8m as improvements were achieved across the group’s various businesses, and turnover rose by […]

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McCormick Expands in India and the Middle East

  McCormick Expands in India and the Middle East

McCormick & Company, a global leader in spices, seasonings, specialty foods and flavours, has expanded its interests in India and the Middle East with the acquisition of a 26% minority stake in Eastern Condiments for $36m. Based in Kerala, India, Eastern is a leading brand of spices, seasonings and other related food products in India […]

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Nestle Eyes Yoplait

  Nestle Eyes Yoplait

Nestle is reported to be considering joining forces with French dairy group Lactalis to make a joint bid for Yoplait, the yoghurt producer. Yoplait has been in play following the decision by 50% owner PAI Partners, the private equity firm, to sell its stake. The other co-owner, French dairy co-operative Sodiaal, may also be willing […]

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New Chief at Thorntons

  New Chief at Thorntons

UK confectionery retailer Thorntons has appointed Jonathan Hart as group chief executive with effect from January 4th 2011. Jonathan Hart’s retail and consumer goods experience spans more than 25 years. For the past five years he has been managing director of UK coffee chain Caffe Nero, where, during his tenure, the business has more than doubled […]

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FrieslandCampina Opts for Sustainable Palm Oil

  FrieslandCampina Opts for Sustainable Palm Oil

Dutch dairy co-operative FrieslandCampina will exclusively purchase sustainably produced palm oil in the future. Palm oil and palm oil products are used as ingredients in for example, coffee creamers and fat powders for the food industry.
FrieslandCampina made this decision in the context of its sustainability policy and in this way hopes to contribute to increasingly […]

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Expanding Irish Dairy Output by 50% Would Cost €850m

  Expanding Irish Dairy Output by 50% Would Cost €850m

The cost of proposals to increase production of Ireland’s dairy industry by 50% over the next decade, to coincide with the ending of EU milk quotas, would cost about Eur850m, according to Kevin Lane, chief executive of the Irish Dairy Board.
The hike in Irish dairy output, as envisaged under the Government’s recently published Food Harvest […]

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Warsaw IPO For Milkiland

  Warsaw IPO For Milkiland

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of its equity on the Warsaw Stock Exchange. The funds are expected to be used for acquisitions.
Established to develop dairy processing businesses in Eastern Europe, Milkiland […]

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PepsiCo Continues to Invest Heavily in Emerging Markets

  PepsiCo Continues to Invest Heavily in Emerging Markets

Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment programme in the country, PepsiCo has announced that it will construct a $73m beverage facility in Vietnam. The move marks the first phase of a $250m investment programme in Vietnam. The new plant in the […]

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European Brewers Face Malting Barley Supply Problems

  European Brewers Face Malting Barley Supply Problems

European brewers and maltsters are likely to face problems sourcing quality malting barley following poor harvests. Heavy rain during harvest time adversely affected grain crops in Germany, Scandinavia and many eastern European countries. Indeed, the size of the European Union barley crop, which is of malting quality, shrank to 10.05 million tones in 2010 from […]

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Belvedere Disposes of US Spirits Production Business

Belvedere, the French spirits group, has sold its US production business, Florida Distillers, for $48m. However, Belvedere will retain is US distribution business, which includes the 4 Orange and Sobieski vodka brands. Belvedere acquired Florida Distillers for $56m in 2007.

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Coca-Cola Opens Three Plants in China

  Coca-Cola Opens Three Plants in China

Coca-Cola has opened three new bottling plants in China worth a combined $240m, continuing its rapid expansion in one of the world’s largest and fastest growing beverage markets. The new investments are a part of Coca-Cola’s three-year $2b accelerated investment in China and the latest phase of Coca-Cola’s long-term commitment to its business in China.
Muhtar […]

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Only Three EU Member States Exceed Milk Quotas

  Only Three EU Member States Exceed Milk Quotas

Denmark, the Netherlands and Cyprus were the only EU Member States which exceeded their milk quotas in the 2009/2010 quota year, triggering superlevy fines totalling Eur19m. This compares with the Eur99m triggered last year and Eur340m the previous year.
Following the increase in quotas agreed under the 2008 CAP Health Check, Italian production finished within quota […]

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