Owens-Illinois European Group (OIEG) has been awarded more than $455m for Venezuela's expropriation of two plants; in Los Guayos and Valera, in a tribunal organised by the International Centre for Settlement of Investment Disputes (ICSID).
The Irish agri-business Aurivo Co-operative Society has acquired London-based sports nutrition company My Goodness Ltd in an attempt to gain access to the protein drinks market.
The Children’s Food Campaign claims a 20p tax on sugary drinks could have major positive impact on health but academics and industry say evidence is lacking.
Palcohol fired up with fighting talk as it faces prospect of state bans
Palcohol – the powdered alcohol that's sparked furious US debate over the last year – says it has been given the green light by the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Heineken invests in a new Mexican brewery; Tetley USA donates 10 million cups of tea; and Ardagh’s birthday present for Coca-Cola: some of the nuggets of news in this week’s Beverage Bites feature.
Beverage brands must appreciate how perceived packaging wisdom in a mature market may be inappropriate if it is applied in emerging markets like India.
FoodNavigator-USA editor Elaine Watson talked to three players in the emerging 'plant waters' category at the 2015 Natural Products Expo West trade show to find out whether they have what it takes to claw back some shelf space from coconut water...
What are investors really looking for when they assess a food and beverage business? When it comes to gross margins, is there a magic number? And can you really be in decline when your sales are growing strongly?
The European Food Safety Authority’s (EFSA) safe upper limit for caffeine could mean a de facto ban for 80% of UK males, whose average weight would take them over the body weight referenced in the opinion, according to a food law expert.
SAB Miller has stressed the importance of Chibuku and ‘affordable clear beer’ made using local ingredients as ‘bridging beers’ to trade Africans up to mainstream and premium brands.
'I wouldn’t say it’s out of the question that we could be a public company'
Multinationals are snapping up smaller, more entrepreneurial brands in the natural or organic food and beverage space faster than you can say ‘because that’s where the growth is’. So will Zevia – one of the fastest-growing non-alcoholic brands in the...
A Californian federal court has dismissed a lawsuit that argued consumers of Diet Pepsi and Pepsi One should be entitled to medical monitoring due to the alleged health risk posed by caramel coloring byproduct 4-MEI.
Both Red Bull and Lucozade Sport have launched tropical flavours of their sport and energy drinks – something Mintel says is another example of these sectors trying to slurp soft drink market share.
Anheuser-Busch says it is working with YouTube and its media buying agency after hearing reports that one of its YouTube adverts ran as a pre-roll to an ISIS video.
Accounting for the lifestyle choice of excessive consumption of energy drinks and alcohol was not the point of EFSA's risk assessment on caffeine, the authority has said at a Brussels stakeholder meeting on the draft yesterday.
Probiotics specialist Ganeden has announced a new application, one that straddles the supplement /food divide. The company has partnered with BioGaia to place its Ganeden BC30 into a line of straws that can be packaged with beverages.
Jack Daniel’s Tennessee Fire could replicate the success of Tennessee Honey, Brown-Forman says, as it pushes the cinnamon-flavored whiskey out across the US.
Brown-Forman boss Paul Varga insists that Scotch and vodka are less versatile than American whiskey, as the distiller of Jack Daniel’s and Southern Comfort revealed its Q3 fiscal 2015 results.
An ‘exploding’ African beer market; Diageo’s Mexican investment; and the bacteria involved in the game of beer pong: some of the nuggets of news in this week’s Beverage Bites feature.
Coca-Cola Great Britain is rebranding its portfolio to integrate Coca-Cola Life, Coca-Cola Zero, and Diet Coke with its full calorie drink, seeking to spread the ‘enduring appeal’ of its flagship version.
An excise tax on sugary drinks would be an effective way of improving the health of those who drink high amounts of the beverages, according to an Australian study.
FOUNDER PLANS TO SHAKE-UP DULL US AMBIENT DAIRY-FREE AISLE
Sometimes entrepreneurs have to take a ‘leap of faith’, says Rebel Kitchen founder Tamara Arbib, as she takes her coconut ‘mylks’ to the US just over a year after an initial UK launch.
As Australia’s alcohol market shrinks, researchers have told retailers they should understand better that men and women don’t always look for the same qualities in a liquor store, with different demographics being swayed by different things.
A retired chemistry professor from Iowa has developed a multi-flavored milk that changes flavor with every sip, and now hopes to license out the concept.
The South African wine industry is keen to raise the country’s reputation as a premium wine producer by shifting its export emphasis from bulk to bottled.
People who consume between three to five cups of coffee a day may have a lower risk of coronary artery calcium build-up, which can lead to artery blockages, according to research published in the British Medical Journal’s publication Heart.
PepsiCo Russia and Coca-Cola Hellenic have both announced plans to shut down beverage plants in Russia, with Coca-Cola telling BeverageDaily.com the company has to enhance its competitiveness in ‘the new economic realities.’
Monster Beverage Corporation CEO Rodney Sacks hopes the company's recent deal with Coke will fire further international growth in markets including Japan, after its international arm returned to year-on-year earnings growth in Q4 2014.
Fruitapeel Juice is investing £2.3m ($3.5m) in HPP technology, and says the processing technique will help meet consumers’ enthusiasm for natural, nutrient-rich juices and smoothies.
Sensient Flavors has developed new beverage concepts that it says respond to rising demand for food and drink that affects and balances our emotional states in a ‘gentle and natural’ way.
George Clooney’s tequila, a fire at Diageo’s Burghead Maltings and why a latte is less likely to spill than a standard coffee. Just some of the news nuggets in this week’s ‘Beverage Bites’.
Coca-Cola has launched a global campaign featuring icons such as Elvis Presley, Marilyn Monroe, and Ray Charles, as it celebrates the 100th birthday of its bottle.
20 teaspoons of sugar in an energy drink: Campaign group calls for ban of sales to U16s
Energy drinks contain up to 20 teaspoons of sugar per 500ml serving – more than three times the maximum adult daily intake of free sugars a day, according to research released by Action on Sugar.
Beam Suntory insists it will fight a US class action filed last week accusing the company of deceptive advertising for describing San Diego’s Jim Beam bourbon as ‘handcrafted’.
Patent-pending technology on Johnnie Walker Blue Label goes beyond QR codes
Diageo and Thin Film Electronics have released a prototype Johnnie Walker Blue Label ‘smart bottle,’ which can assure consumers of authenticity, help the industry track the product, and ‘completely change the role of a bottle in the consumer experience.’
German consumers are prepared to pay more for a better quality still wine, says Mintel, as drinkers become sceptical of mass-production and demand authenticity and quality.
'ALL MALTA GOYA PRODUCTS MEET FEDERAL AND STATE LAWS'
Goya Foods has hit back at a study on the safety of 4-MEI in soft drinks by John Hopkins researchers, insisting that the team's data on the caramel color byproduct is 'outdated and inaccurate'.
US direct to consumer wine sales grew 15% in 2014 off a relatively low base, but will become a significant future revenue source for small to mid-sized wineries, according to Wine Intelligence.
Mid-calorie soft drinks have the potential to gain ground on traditional full calorie drinks – and could eventually become the new mainstream choice, according to Zenith International.
SAB Miller wants to develop its premium beer portfolio in Brazil and increase beer consumption across LATAM, but also strengthen its hold on other beverage sectors in the region.
Red Espresso hopes to capitalise on European coffee capsule explosion – with tea
Red Espresso is launching its rooibos tea capsules in Europe, eyeing up a continent with an ingrained coffee culture and obsession with health, convenience, and coffee pods.
PepsiCo’s 2015 launches will see an increased focus on products with health benefits, while it will push smaller packages to make the most of growth in its on-the-go business.
