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Tag "beverages"

CCL Label’s Beverage Decoration – label and sleeve solutions for beverages

    CCL Label’s Beverage Decoration – label and sleeve solutions for beverages

Custom-made decorations have become a main focus for the beverage industry. Whether large global companies or small emerging beverage producers, everybody is looking for unique eye-catching labels.
At this year’s BrauBeviale CCL Label presented the latest label and sleeve solutions for beverages.
Exciting effects and innovations drew many interested visitors to booth 7A-510. The Pressure-Sensitive Labels with […]

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PepsiCo Finalises Strategic Alliance in China

    PepsiCo Finalises Strategic Alliance in China

PepsiCo has completed its a strategic beverage alliance in China with Tingyi (Cayman Islands) Holding, one of the leading food and beverage companies in China. China is projected to become the world’s largest beverage market by 2015. The alliance was approved by the shareholders of Tingyi in February and has now received regulatory approval.
As part […]

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Major Restructuring at PepsiCo to Maintain Profitable Growth

    Major Restructuring at PepsiCo to Maintain Profitable Growth

With worldwide snacks and beverage volumes rising by 8% and 5% respectively, PepsiCo has increased operating profit by 16% to $9.63 billion on net revenue up 15% to $66.5 million for 2011. Reported net income rose by 2% to $6.46 billion.
The results reflect top-line gains across its worldwide snacks and beverage businesses, the acquisition of […]

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Barry Callebaut Extends Swedish Production Site

    Barry Callebaut Extends Swedish Production Site

Barry Callebaut, the world’s leading manufacturer of cocoa and chocolate products, has inaugurated an extension to its dedicated spray-drying production facility in Kagerod in southern Sweden. This SFr10 million (Eur8 million) investment increases the capacity of Barry Callebaut’s centre of competence for beverages for producing spray dried products by up to 50%.
 
With the capacity extension […]

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Unilever Reorganisation Designed to Drive Growth

    Unilever Reorganisation Designed to Drive Growth

Unilever has announced changes to its category and go-to-market structure to further support its growth plans, especially in its fast-developing businesses in the emerging markets. The new structure is designed to facilitate a more efficient rollout of increasingly bigger and more scalable innovations, and the optimisation of resources behind strategic priorities.
“Unilever now has over half […]

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Fifth Consecutive Quarter of Growth at Unilever

    Fifth Consecutive Quarter of Growth at Unilever

Food, personal care and home care group Unilever has delivered its fifth consecutive quarter of growth as its transformation strategy continues. Turnover in the first quarter increased by 7% to Eur10.9b as underlying sales rose by of 4.3% with all categories growing, driven by emerging markets up 9.9%. Underlying volume growth was 2.5% and pricing […]

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Record Fall in UK Food Prices

    Record Fall in UK Food Prices

UK prices of food and non-alcoholic beverages fell by 1.4% between February and March this year compared with a rise of 0.3% between the same two months a year ago, according to the Office for National Statistics. The 1.4% this year was a record fall for a February to March period.
The downward effects were widespread […]

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Solid 2010 Performance by Royal FrieslandCampina

    Solid 2010 Performance by Royal FrieslandCampina

Dutch dairy co-operative Royal FrieslandCampina increased net revenue by 10% to Eur8.97b and profit by 57% to Eur285m during its 2011 financial year as it benefited from more favourable market conditions, particularly in Asia and Africa. However, in Europe declining dairy consumption put pressure on volume.
FrieslandCampina’s Ingredients and Consumer Products International business groups made a […]

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Surge in Sales at PepsiCo

    Surge in Sales at PepsiCo

Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in the year, PepsiCo has reported a 34% surge in net revenue to $57.84b for 2010 with net income up 6% to $6.34b and ahead by 15% on a constant currency basis.
The successful integration of its […]

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‘Health,’ ‘Naturalness’ and ‘Energy’ the Buzzwords for New Beverages

    ‘Health,’ ‘Naturalness’ and ‘Energy’ the Buzzwords for New Beverages

Rising consumer interest in health and naturalness is being strongly reflected in new product activity in the global soft drinks market. According to Innova Market Insights, 60% of the soft drinks launches recorded globally in 2010 had a health positioning of some sort. This was primarily in terms of ‘passive health’ (food minus), although over […]

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Irish Food and Drink Exports Approach €8 Billion Mark

    Irish Food and Drink Exports Approach €8 Billion Mark

The Republic of Ireland’s food and drink export sales rose by 11% in 2010 to reach €7.9 billion. The increase, amounting to just over €800 million, was supported by a more stable consumer environment, reduced exchange rate pressures, and improved relative competitiveness. It was also boosted by rising global prices for most agricultural commodities.
“The strength […]

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PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

    PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the required government approvals. Wimm-Bill-Dann is a leader in both traditional and value-added dairy products, with a solid position in juice.
The transaction will establish PepsiCo as the largest food-and-beverage business in Russia, make it a leader […]

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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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The Future of the $7 Billion International Weight Management Market

    The Future of the $7 Billion International Weight Management Market

The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at between 6-8% for the next 5 years, according to Leatherhead Food Research.
Weight management has been reincarnated in various forms throughout the food and drink industry over the years. The direction of the industry is shifting […]

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PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

    PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new plant will be constructed in the city of Azov, where the company recently completed a snacks plant.
Indra Nooyi, chairman and chief executive of PepsiCo.
Both plants in Azov are part of PepsiCo’s $1b investment programme in […]

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Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

    Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

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Early Recovery in UK Food and Beverages to Boost M&A Activity

    Early Recovery in UK Food and Beverages to Boost M&A Activity

69% of senior executives at UK-based food and beverage producers expect M&A activity to increase in the next 12 months, according to a report by Grant Thornton UK LLP which indicates that the sector has recovered early from recession. 20% (10 of the 50 respondents) said that they were planning to broker a merger or […]

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Change of Leadership at Campbell

Douglas Conant, will step down as chief executive of Campbell Soup Company next July, at the end of the company’s financial year. Denise Morrison, president of Campbell’s North American soup, sauces and beverages business, has been appointed executive vice president and chief operating Officer in anticipation of her election to succeed Douglas Conant as chief […]

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Nestle to Target New Opportunity in Personalised Health Science Nutrition

    Nestle to Target New Opportunity in Personalised Health Science Nutrition

Nestle is creating Nestle Health Science and the Nestle Institute of Health Sciences to pioneer a new industry between food and pharma. These two separate organisations will allow Nestle to develop the innovative area of personalised health science nutrition to prevent and treat health conditions such as diabetes, obesity, cardiovascular disease and Alzheimer’s disease, which […]

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Coca-Cola Hellenic Opens New €130m Irish Facility

    Coca-Cola Hellenic Opens New €130m Irish Facility

Coca-Cola Hellenic Bottling Company’s Irish business has officially opened a new energy efficient bottling plant, computerised warehouse, and community-focused visitors centre at Knockmore Hill, County Antrim, Northern Ireland. The €130 million facility employs 600 people and has the capacity to produce a wide range of non-alcoholic beverages for delivery throughout the entire island of Ireland.
The […]

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1% to US$1.26b for the first six months ended June 30th 2010. EBITDA rose marginally to US$159.7m from US$158.3m in the same period of 2009.
The revenue increase was driven by volume growth in the group’s dairy, […]

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Strong Profits Growth at Refocusing Sara Lee

    Strong Profits Growth at Refocusing Sara Lee

Despite a 0.8% drop in net sales to $10.8b, reflecting lower volume sales and prices, Sara Lee increased operating income by 88.6% to $918m in its 2010 financial year, driven by improved profits from across all of the US-based food and beverages group’s five continuing business segments. In particular, the North American Retail and International […]

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Strong First Half From Nestle

  Strong First Half From Nestle

Benefiting from deeper penetration in emerging markets of the world, the continued success of its premium products in both developing and developed markets and extra marketing investment, Nestle has increased net profit by 7.5% to SFr5.5b (Eur4.0b) on group sales up by 5.9% to SFr55.3b for the first half of 2010. Organic sales growth was […]

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Danone to Dispose of Stake in Wimm-Bill-Dann Foods

  Danone to Dispose of Stake in Wimm-Bill-Dann Foods

Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration of $470m. The agreement follows the recent announcement of the joint-venture between Danone and Unimilk in the CIS region. The deal is conditional upon Danone receiving the necessary regulatory approvals for the merger of its […]

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Unilever Predicts Continued Slow Economic Growth

  Unilever Predicts Continued Slow Economic Growth

Unilever has reported a 35% increase in net profit to Eur2.21b on turnover ahead by 9.7% to Eur21.89b with underlying sales growth of 3.8% for the first half of 2010. Group operating profit rose by 20% to Eur3.07b.
Although prices were down by 2.6% during the first half, this was offset by underlying volume growth of […]

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PureCircle Wins Major Global Contracts

PureCircle, the world’s leading producer of high purity stevia products, has won a number of new contracts with major food and beverage companies. In addition to its existing global supply contracts with PepsiCo, Merisant and Firmenich, PureCircle has secured global multi-year contracts with customers including Danone, Unilever, Bimbo Bakeries, Dean Foods and Kerry Ingredients.
“We have […]

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Cott Extends Private Label Beverages Leadership With $500m Acquisition

Cott Corporation, the world’s largest retailer brand soft drinks company, is acquiring Cliffstar Corporation, the leading private label manufacturer of shelf stable juices, for a cash consideration of $500m.
Founded in 1970, New York-based Cliffstar is one of the leading suppliers of private label beverages and the largest private label producer of apple juice, grape juice, […]

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Sara Lee Refocusing Continues With €320m Disposal

  Sara Lee Refocusing Continues With €320m Disposal

US-based food, household and body care products group Sara Lee has completed the sale of its air care operation to Procter & Gamble for Eur320m. The disposal is part of the divesture of Sara Lee’s household and body care business as it seeks to refocus on its global food and beverage activities.
Brenda Barnes, chairman and […]

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Wimm-Bill-Dann Foods Completes Bond Placement

Wimm-Bill-Dann Foods, the largest manufacturer of dairy products and a leading producer of juices and beverages in Russia and the CIS, has completed the placement of two bond issues on the Moscow Interbank Stock Exchange, raising a total of10b rubles ($320m at the exchange rate on July1st, 2010).
Tony Maher, chief executive of Wimm-Bill-Dann Foods.
“Such strong […]

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