Investments & Funding
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Orkla Food Ingredients to acquire majority stake in US-based Denali Ingredients
NORWAY- Orkla Food Ingredients (OFI) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, a leading ice cream ingredients company…
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Heineken to cut 60% of fossil gas consumption by 2023, introduces improved version of Green Grip carboard multipack can topper
SPAIN – Heineken’s US$19.7m project that will result in a self-consumption scheme enabling it to reduce fossil gas consumption by over 60% has officially kicked…
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Danone North America to reformulate its portfolio in a bid to improve nutritional content
US – Danone North America is set to overhaul the formulations of more than 70% of its plant-based drinks to improve the nutrient density across…
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Nescafé invests US$1.01Bn to make coffee farming more sustainable
SWITZERLAND – Nescafé, Nestlé’s largest coffee brand and one of the world’s favorite coffees, is investing over one billion Swiss francs (US$1.01bn) by 2030 in…
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Coca-Cola Beverages Vietnam plans to inject US$136m into construction of its largest factory in Vietnam
VIETNAM – Coca-Cola Beverages Vietnam Co.is planning to invest US$136million in the development of its largest beverage factory in Phu An Thanh Industrial Park of…