|  |
|
Packaging holds up Tetra Pak’s growth in 2009
|
|
March 9: Sales at Tetra Pak, the leading packaging and food processing manufacturer, grew 1.2 percent to reach €8.95 billion (US$12.1bn) in 2009. Packaging reached €8.0bn ($10.9bn), an increase of 1.8 percent over 2008 while sales of processing equipment declined 3.8 percent to €917 million ($1.24bn) in the quarter.
Profit details for 2009 were not revealed by the Lausanne, Switzerland-based company, which is part of the Tetra Laval group, along with DeLaval and Sidel.
|
|
Rockstar gets PepsiCo lift in Germany
|
|
March 9: Distribution of Rockstar – claimed to be the world’s most powerful energy drink – is being taken over in Germany from July by PepsiCo, which has a similar deal for the US and Canada.
“Securing distribution with PepsiCo Deutschland has been an important milestone for Rockstar Energy Drink’s international expansion,” Zach Lambakis, global business development manager at Rockstar Inc, based in Las Vegas, Nevada.
|
|
Chicago craft brewer switches to cans
|
|
March 8: Chicago’s Half Acre will be the latest craft brewer to make the switch from glass bottles to aluminium cans.
It is awaiting the arrival of a large-scale canning line that will allow it to make the switch from six-packs of 12-ounce bottles to four-packs of 16-ounce cans for its Tall Boy brand in April, says founder Gabriel Magliaro.
Craft brewing is one of the fastest-growing drinks sectors in North America.
|
|
Food companies given 15 days to correct labelling violations
|
|
March 5: A number of food and drink companies have 15 days to correct labelling violations after being warned by the US Food and Drug Administration.
Products targeted include Nestlé juice cartons claiming to contain “100% juice” when it is a juice blend with flavours.
|
|
Del Monte Foods exceeds productivity targets
|
|
March 5: Sales at Del Monte Foods, which last year sold its Starkist canned tuna business, were up by 7.5 percent in its third fiscal quarter of 2010, reaching US$1.01 billion.
The producer of consumer foods such as Fruit Chillers and No Salt Added vegetable products, and pet foods such as Milk-Bone, Kibbles ‘n Bits, Meow Mix, and Pup-Peroni, however reported income down at $57.2 million, compared to $59.6m in the same period at the beginning of 2009.
|
|
First-half warning from Anheuser-Busch InBev
|
|
March 4: World-leading brewer Anheuser-Busch Inbev closed 2009 on a positive note, reporting that its earnings before tax rose by 36.6 percent to US$13 billion, and generating savings from the 2008 merger of US-based Anheuser-Busch and Belgium-based InBev of $1.1bn.
But chief executive Carlos Brito warned that the first half of 2010 could face “more difficult volume comparisons” because of the bad weather in the US and the impact of excise taxes in Russia.
|
|
Zuvamesa’s juice carton filling plant starts up in Spain
|
|
March 3: Production has started in Spain at one of the largest not-from-concentrate (NFC) juice carton filling plants to be built in Europe.
The Zuvamesa plant at Puerto de Sagunto aims to process each year up to 400,000 tonnes of local citrus fruit and produce up to 100 million litres of NFC juice.
|
|
PepsiCo’s Indra Nooyi explains the Power of One
|
|
March 2: Following last week’s $7.8 billion acquisition of its two largest North American bottlers, PepsiCo outlined the background to the deal with chief executive Indra Nooyi describing on television the first day of The Power of One.
Her appearance in an interview on CNBC’s Squawk Box came soon after Coca-Cola had announced that it would be buying the North American assets of Coca-Cola Enterprises, its largest bottler.
“This is the first day of the new PepsiCo which is about $60 billion in revenue with full operational control of almost 80 percent of the bottling system,” said Nooyi.
|
|
Dr Pepper completes licensing deal with PepsiCo
|
|
March 2: The Dr Pepper Snapple Group (DPS), North America’s third largest soft drinks manufacturer, has completed the licensing of a number of its brands – including Dr Pepper, Crush and Schweppes – to PepsiCo.
The deal follows PepsiCo’s acquisition of The Pepsi Bottling Group and PepsiAmericas, the two leading bottlers of Pepsi drinks in North America, both of whom had licensing deals with Texas-based Dr Pepper Snapple to distribute its products.
|
|
ConAgra sells the Luck’s brand to Arizona
|
|
March 1: Arizona Canning Company – a US food manufacturer based in Tuscon – has purchased the Luck’s brand from ConAgra Foods for an undisclosed price.
The acquisition means the company will add 40 jobs to the current 94 at its Tuscon cannery, said Shane Gesbeck, Arizona Canning’s plant manager.
|
|  |
| Friday, February 26 | | · | Sales rise at vegetable canner Bonduelle |
| · | Dr Pepper Snapple looks forward to a strong 2010 |
| Thursday, February 25 | | · | UK Heinz soup fans boost sales in January |
| · | Coca-Cola’s ‘historic’ move to buy its top NA bottler |
| Wednesday, February 24 | | · | Last Australian tuna cannery to close |
| Tuesday, February 23 | | · | Carlsberg bucks the trend in Russia |
| · | Heineken triples profits despite lower beer volumes |
| · | More soup promotions for Campell this year |
| Monday, February 22 | | · | Nestlé sales pass the US$100 billion mark |
| Thursday, February 18 | | · | Grocery products lead Hormel results |
| · | Pepsi bottler stockholders approve merger with PepsiCo |
| Wednesday, February 17 | | · | Private label CSDs lift US drinks market |
| Tuesday, February 16 | | · | Premier to focus on demonstrating its business model |
| · | Pepsi bottler shareholders to vote on acquisitions |
| Friday, February 12 | | · | Kirin warns of a further profit decline |
| · | Home canning to be made easier |
| Thursday, February 11 | | · | Top Coca-Cola bottler ups profits |
| Wednesday, February 10 | | · | MillerCoors puts a shine on its first year |
| · | Worldwide case volumes up 5 percent at Coca-Cola |
| · | Gulf bottlers fight to raise cola prices |
| Tuesday, February 09 | | · | Global beer market remains flat |
| Monday, February 08 | | · | Japanese drinks company merger collapses |
| · | Home care product sales decline at Unilever |
| Friday, February 05 | | · | Sales down but profits up at Pepsi bottler |
| Thursday, February 04 | | · | Pepsi Bottling Group expands its US footprint |
| Wednesday, February 03 | | · | Premier Foods chairman to step down |
| Tuesday, February 02 | | · | Heineken breweries shut biomass power plants |
| · | Coca drink to challenge Coke in Bolivia |
| · | Nestlé and Serac collaborate on sterilisation savings |
| Monday, February 01 | | · | Florida freeze to drive up orange juice prices |
| · | Sales slip as Bemis views Alcan acquisition |
| Friday, January 29 | | · | Six-packs to make a comeback in Pennsylvania? |
| · | Irn-Bru sales exceed expectations |
| Wednesday, January 27 | | · | Fraser & Neave views a positive future without Coke |
| Tuesday, January 26 | | · | Canned drinking water shipped to Haiti by Anheuser-Busch |
| · | Pacific tuna fishing ban to hit Philippine canners |
| Monday, January 25 | | · | Production capacity to increase at Austrian brewer |
| · | Another craft brewer turns to cans |
| Friday, January 22 | | · | Suntory to triple its sales in China |
| · | Beer shipments fall in the US |
| · | Coca-Cola ships water to Haiti relief efforts |
| · | Community canners support earthquake victims |
| Thursday, January 21 | | · | Red Bull chief quits North American business |
| Tuesday, January 19 | | · | Bonduelle courts mushroom canner |
| · | Pepsi donates drinks and cash to earthquake victims |
| Monday, January 18 | | · | UK milk bottles to contain 10 percent recycled HDPE |
| Friday, January 15 | | · | Plastics caps improve beer shelf life in China |
| Thursday, January 14 | | · | Talks bid to resolve Anheuser-Busch InBev blockade |
| · | No takers for Croatia’s oldest brewery |
| Wednesday, January 13 | | · | Canning line expansion for Universal Beverages |
Older Articles
|
|