Amcor has signed an agreement to acquire Zhongshan Tian Cai Packaging Company, a Chinese flexible packaging business for $33m (RMB 211m) The purchase price represents 7.1 times EBITDA.
Insect proteins and fruit-sweetened confectionery are two emerging trends food manufacturers should monitor, according to a list of top 10 food trends for 2015, revealed at the Health Ingredients Europe (HiE) event.
Tetra Pak has launched an Environmental Benchmarking Service, with one of its first customers being Pacific Foods in the US, saving 31m litres of water a year.
Firm spends €50m to triple production capacity in China
Sleever International has said it worked with food and beverage manufacturers over a period of five years when creating two turnkey systems to boost recycling and reduce carbon footprint.
The CEO of Stevia Natura tells us why the French company is winning with customers including one high-profile dairy-based drinks brand, but admits high ingredient quality carries a cost.
Consuming Bacillus coagulans GBI-30, 6086 (GanedenBC30) in combination with protein may blunt muscle damage after intense exercise and boost recovery, according to findings from a pilot study.
SPECIAL EDITION 2014, BEVERAGE SWEETENER INNOVATION
Mintel says the presence of nutritionally beneficial compounds could see stevia-based sweeteners of the future that combine functional benefits as well as calorie-free sweetness.
David Thorrold, CEO of the world’s largest monk fruit extract supplier BioVittoria insists the sweetener can complement rival stevia to achieve a better-tasting product – as the experience of successful zero-calorie US soft drinks brand Zevia shows.
SPECIAL EDITION 2014, BEVERAGE SWEETENER INNOVATION
Almendra says Europe’s beverage industry has been ‘particularly victimized’ by poor quality stevia to date as the company works to rewrite the narrative dismissing Reb A alone as a crude first-generation stevia.
Tetra Pak is a B2B company but it invests above the curve in shopper and consumer insights, and Michela Vallalta, the company’s director of consumer intelligence, tells BeverageDaily.com why.
Tetra Pak says it’s vital for its customers to strike a balance between ideal package functionality and carton cost, with liquid milk one segment where consumers tend to favor a lower product price.
While it used to take years for a food & beverage start-up to build a national presence, the explosive growth of brands such as Suja Juice and Way Better Snacks show that with the right product, the old rules no longer apply, says one corporate finance...
The global beverage sector is thriving - driven by dynamic and creative individuals around the world. But do you or a colleague have what it takes to be recognized by your industry peers?
Tetra Pak Thailand was awarded Green Company of the Year and Nestlé was recognised as a CSR Advocate at the Asia Corporate Excellence & Sustainability Awards (ACES) 2014 organised by MORS Group, this week.
MONTHER T. AL HARTHI, CEO, CHATS WITH BEVERAGEDAILY.COM
The CEO of Saudi Arabian food and beverage giant Al Rabie Saudi Foods tells BeverageDaily.com that the company is keen to expand beyond its powerbase in MENA to the Europe and the US.
Over 1.5 million fewer Australians are drinking packaged fruit juice in an average week compared with just four years ago, analysis by Roy Morgan Research has revealed.
Onex Corporation (Onex) has agreed to buy SIG Combibloc Group (SIG) for €3.75bn ($4.66bn), with the transaction expected to close in the first quarter of 2015.
Tetra Pak's Suley Muratoglu has challenged packaging designers and brands to shake up the beverage and liquid dairy markets with better graphic design implementation.
With sales of $176.7 billion this year functional foods are a hot growth sector. But which ingredients, sectors and countries are the best bets for product launches?
Bai Brands CEO Ben Weiss says the Dr Pepper allied brand will hit $50m in sales this year and puts this down to a focus on ‘distribution at the expense of brand equity’ during the early ‘basement’ years.
With Day Two of Brau Beviale in full swing, we worked in a whistlestop tour of the Crown BevCan Europe & Middle East stand, exploring the company’s Smartcan and Instant Win innovations.
Fruit juices and smoothies touted as healthy for children contain high amounts of sugar and should not count towards fruit and vegetable intakes, says UK-based campaign group Action on Sugar.
Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales.
In this exclusive video shot at Pack Expo in Chicago we canter through PMMI’s 2014 Beverage Packaging Market Assessment – exploring slow growth for pouches, concerns about glass supply quality and the importance of strong relations with retailers.
Amcor Flexibles is contacting its customers to let them know the company it buys Barex film from is shutting down due to financial pressures and it has started trials to find an alternative resin with samples in the coming weeks.
Gebo Cermex has launched a robotic removal system for fallen bottles at Pack Expo that it claims stop line disruption caused by increasingly unstable, lightweight primary packaging.
PACK EXPO 2014: PODCAST WITH BRIAN KENNELL, TETRA PAK
Tetra Pak’s new CEO and president for USA and Canada tells BeverageDaily.com that the firm sees rich regional growth potential in added-value functional beverages.
The Center for Science in the Public Interest (CSPI) today filed an objection to a proposed settlement of the ‘copycat’ Vitaminwater lawsuits, claiming it only enriches lawyers and does nothing to stop what it alleges is the brand’s deceptive marketing.
Jumps from B to A rating in Carbon Disclosure Project
HFC-free coolers, investing €3m in energy saving programmes, such as installing LED lighting across plants in nine countries and expanding the Russian sugar beet industry, to avoid sugar imports, are some of the initiatives Coca-Cola Hellenic (HBC) put...
Scandinavia’s top-selling smoothie manufacturer Froosh has called for ‘trade not aid’ in developing countries and insists beverage brands should do more to understand their supply chains.
Coca-Cola’s Del Valle Reserva juice and Vigor’s Actilife probiotics have been recognised for their Tetra Pak products at the 2014 ABRE Awards (Brazilian Packaging Association).
Coke appears to be capitulating to the ‘new normal’ operating environment by lowering its revenue and volume growth targets, according to one financial analyst, while disaffected investor David Winters claims there is 'failure and disarray'...
Dutch juice manufacturer Friesland Campina Riedel says more should be done to regulate tropical fruit supply chains, as it works to support Brazilian orange growers who supply its Appelsientje brand.
Coveris claims its new 38mm closure for PET bottles is the lightest on the market as it enters a size segment it says is Europe's most popular for non-carbonated soft drinks.
Researchers in Germany are working on a 3D-printed food for elderly people with chewing and swallowing problems, which looks and tastes like ‘real food’.
