WORLD NEWS
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Paraguay, Indonesia to record uptick in grain production in latest USDA projections
GLOBAL – Cereal production in Paraguay and Indonesia is expected to rise in the 2021-2022 market due to higher acreage and yield, according to a…
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PepsiCo reports strong Q1 performance as Deliveroo’s orders more than double
US – US beverage and snack company PepsiCo has reported strong Q1 results with organic net revenues jumping 2.4% and first-quarter net revenues jumping 6.8%…
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SIG to build US$48m plant in Mexico to support continued growth in North America
MEXICO – Switzerland-based aseptic carton packaging manufacturer, SIG Combibloc, has announced that it will invest around €40 million (about US$48 million) to construct a new…
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Diageo, Bacardi launch new products to expand respective ready-to-drink portfolios
UK – Alcohol beverage manufacturing giant Bacardi is expanding its Bombay Sapphire portfolio with the addition of two new ready-to-drink (RTD) gin and tonic offerings.…
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Grupo Bimbo to transition Canadian operations to 100% green energy
CANADA – Canadian operations of Mexican multinational food company Grupo Bimbo are set to transition to 100% green energy following the signing of two virtual…