Beverages
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Diageo unveils new sustainable packaging for Smirnoff, Captain Morgan spirits
ASIA – British multinational alcoholic beverage company Diageo is trialling new packaging for its Smirnoff and Captain Morgan spirit brands. The London based company is…
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Coca-Cola revenues rise 16% in Q1 driven by strong recovery in away-from-home channels
USA – American multinational beverage company Coca-Cola has reported a 16% rise in first quarter (Q1) earnings primarily driven by strong recovery in away-from-home channels…
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Rwanda based Bralirwa Limited reports 15.4% full-year revenue growth
RWANDA – Bralirwa Limited, the largest brewer and soft beverage company in Rwanda, has reported a 15.4% growth in revenue to Rwf 123.5 billion (US$120m)…
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European beverage brands adopt Tetra Pak’s litter-proof tethered caps on carton packages
SWITZERLAND – Top European beverage brands have adopted Tetra Pak manufactured tethered caps on carton packages in an effort to cut down on litter associated…
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AB InBev to incur US$1.1B impairment charge following decision to fully exist Russia
BELGIUM – World’s largest beer company AB InBev is facing an imparment charge of US$1.1 billion following its decision to exit its Russian joint venture AB InBev…