Beverages – LATEST NEWS
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RCL Foods earnings fall 27% as sugar imports, pet food disruptions hit profit
RCL Foods says deep-sea sugar imports, weaker global prices and a pet food recall weighed on earnings, while groceries and baking delivered stronger performances.
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HNGIL initiates insolvency action against Bira 91 maker over US$1.2M default
The dispute centres on more than 51 lakh customised beer bottles that remain in storage after B9 Beverages allegedly failed to make payment and collect the stock.
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Nigeria launches 2026–2030 alcohol policy as NAFDAC orders recall of banned pack sizes
The new framework combines alcohol harm reduction with tougher regulatory enforcement, including recalls, product destruction and sanctions for manufacturers and sellers of prohibited beverages.
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Constellation Brands to invest US$100M to boost U.S. farmer profitability
Constellation Brands is expanding support for U.S. growers through a five-year investment focused on agricultural resilience, market access and stronger farming communities.
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Heineken to build new brewery in Switzerland
The new brewery will retain Eichhof production in Lucerne while higher-volume brewing shifts to Chur as Heineken modernises its Swiss manufacturing footprint.