WORLD NEWS
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Absolut Vodka doubles down on sustainability efforts with new pledge to be fossil free by 2025
SWEDEN – The Absolut Company, a subsidiary of French beverage company Pernod Ricard, has announced plans to make its flagship brand, Aboslut Vodka, fossil free…
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Asahi Beverages ditches imported berries in push to localize raw material supply chains
AUSTRALIA – Asahi Beverages, one of the leading beverage companies in Australia and New Zealand, has begun using locally sourced Australian raspberries in a range…
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Kirin plans Myanmar exit, sells China soft drinks joint venture for US$994m
JAPAN — Japanese beverage maker, Kirin Holdings has announced plans to withdraw from its business in Myanmar and terminate its joint venture with Myanma Economic…
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PepsiCo launches new business unit to scale up equality and inclusion efforts
USA – American multinational food, snack, and beverage corporation PepsiCo has created a new organization to accelerate equality and inclusion efforts both within and outside…
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CSM Ingredients bolsters European presence with acquisition of natural origin ingredients supplier
ITALY — Baking solutions supplier CSM Ingredients has acquired Italian based supplier of natural origin ingredients Hi-Food for an undisclosed sum. Hi-Food was founded…