Coca-Cola
Coca-Cola Commits To Furthering Goals Of New Climate Change Roadmap
Coca-Cola has endorsed the goals of new climate change roadmap from the Ceres Company Network that stresses the importance of setting science-based corporate strategies to address climate change. Roadmap 2030 urges companies to commit to achieving net-zero emissions by 2040; achieve resource positivity across key commodities by 2030; reach water balance in watersheds of high-water stress; and enable a just and inclusive transition. An example of Coca-Cola’s commitment to the goals is a partnership between Coca-Cola Beverages Philippines and Indorama Ventures to build a "bottle to bottle" recycling plant that can process two billion bottles annually.
Soy Sauce Maker Kikkoman Works With Coca-Cola To Create Dashi-Based Beverage
Coca-Cola Japan and Kikkoman have partnered to deliver a ready-to-drink dashi-based beverage served in a can. Dashi is a cooking stock used in Japanese dishes like noodles and the savory pancakes known as okonomiyaki. Go: Good Mmm! Delicious Japanese Dashi is basically a canned serving of dashi, whose recipe was developed by Japanese food manufacturer Kikkoman. It contains bonito, kelp, and flying fish extract to deliver an umami-flavored beverage. The drink, which can be enjoyed hot or at room temperature, will be released with a re-release of its predecessors in the Go: Good line: canned corn potage, shrimp bisque, and minestrone soup drinks.
Reorganization Initiative Touches Coca-Cola India Businesses
Coca-Cola’s wide-ranging reorganization initiative recently touched its Coca-Cola India, South West Asia operations, including its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd. Along with a flurry of middle management shuffling, the company appointed Neeraj Garg, president of the West Africa Business Unit, as the CEO of Hindustan Coca-Cola Beverages (HCCB), replacing Christina Ruggiero as of January 1. Ruggiero was appointed president of Central Operations, North America Operating Unit.
CCEP To Close A Spanish Bottling Plant
Coca-Cola European Partners is closing the plant in Malaga plant, which employs about 80 people, and. shifting its production in the Spanish region of Andalusia to a site 200 km northwest in Seville. The company said the move is part of an effort to stay competitive by reducing costs, managing spending, developing ways to be more efficient, and reducing complexity in a challenging operating environment. Spanish media said the Malaga plant makes products for the hotel, restaurant, and café channel, which has been suffering due to stay-at-home measures to fight the coronavirus pandemic.
Monster
Monster Energy Partners With Street Artist To Launch New Energy Juices
Risk’s “Khaotic” classed car will be given away in the Corona, Calif.-based company’s promotion of two new additions to its line of energy-infused juices: Juice Monster Papillon and Khaotic. The company will give away a one-of-a-kind "Khaotic" classic car designed by Risk to one winner in December. Other entrants could win one of 50 Juice Monster backpacks. Papillon and Khaotic are the latest additions to the Juice Monster line of elevated juice beverages combining real juice and Monster Energy's blend. Juice Monster provides a vibrant array of flavors that appeal to every consumer.
Other Companies
Primo Water North America Acquires L.A.-Based Water Company
The Tampa-based subsidiary of Primo Water Corporation (formerly Cott Corporation) has acquired Mountain Valley Water Company of Los Angeles (MVLA) for an undisclosed amount. MVLA is a distributor of water dispensers and bottled water to homes and offices in the Los Angeles area. It is the largest distributor of Mountain Valley Spring Water in the U.S. Primo purchased the Mountain Valley Spring Water brand for $75.8 million in 2018. According to the company, the acquisition of MVLA will add 8,000 new customers its customer base, and will strengthen its position in the Los Angeles area.
Innovfood’s Nutrixin Rebrands To Emphasize Its Nutraceutical Character
The 2019 Singapore-based immunity product, apple peel essence, was relaunched to strengthen its association to nutraceuticals and downplay it as a fruit juice. In addition, the company rolled out two more functional beverages with cognitive and digestive functions. The company said apple peel essence was unveiled in “an attractive and artistic packaging” that unfortunately “gave the wrong impression to consumers who associated our brand to apple juice.” The product, however, is a nutraceutical containing five times the polyphenol and 100 times more quercetin found in apples. The two new beverages are grape peel essence for metabolic and cognitive functions and orange peel essence for digestive and immunity benefits.
Laird Superfood Adds Chai Superfuel To Product Line
The gourmet, plant-based chai latte from the Sisters, Ore.-based maker of plant-based “superfoods” offers a boost of fuel and dairy-free creaminess by joining the company’s original Superfood Creamer with a chai tea blend of premium black and rooibos tea, cinnamon, cardamom, ginger, clove and black pepper. Chai Instafuel organic ingredients include instant rooibos extract, instant black tea, coconut sugar, chai spice blend, calcified red sea algae, extra virgin coconut oil, sea salt, and gum acacia. Chai Instafuel is available at lairdsuperfood.com and at select retailers for $14.95 for an 8-oz bag.
Biotiful Dairy Debuts Kefir Shots In U.K. For Gut Immunity
The London-based company says its new line of kefir shots provides a convenient way for consumers to look after their immunity and gut health daily. The kefir shots, which contain 30 billion active cultures per small bottle, are available in single-serve and multipack formats in original; peach and turmeric; acerola cherry and tea; and coconut and spirulina flavors. The shots, made by fermenting British milk with authentic live kefir grains, are high in protein and calcium, contain no added sugar, and are a good source of vitamins – particularly B12 – and minerals. The full range is currently available at Sainsburys stores for an RRP of £1 ($1.30) per 100ml and £2.95 ($3.84) per pack of four.
Milo's Tea Co. To Sell New Product Line In Six-Packs
In response to customer demand, Birmingham, Ala.'s new Milo's Famous Sweet Tea will be sold in six-packs, unlike other Milo’s tea products that have previously only been sold separately. The company, which has rapidly expanded its distribution and product offerings in recent years, says it has expanded its manufacturing operations in Bessemer and also opened a new plant in Oklahoma. The new six-packs will be sold in more than 2,000 Walmart locations around the nation, as well as in Kroger and Mitchell Grocery Corp. stores.
Yakult Honsha Introduces Renewed Synbiotic Drink In Japan
The company is releasing its renewed Yakult 400W synbiotic drink with a food with function claim (FFC) in Japan with plans to sell 485,000 bottles daily from October 2020 to March 2021. Yakult 400W is a synbiotic drink containing both the probiotic strain Lactobacillus casei strain Shirota as well as a prebiotic galacto-oligosaccharide. It was first launched earlier in January in the Kyushu region, and recently achieved the FFC status. Consumption of Yakult 400W can increase beneficial bacteria, namely lactic acid bacteria and bifidobacteria, improve the intestinal environment, and bowel movements. Yakult 400W will be sold through a door-to-door delivery service via its Yakult Ladies for JPY100 ($0.95) per bottle.
ThaiBev
Thai Beverage Plans $32M Expansion
The Singapore-listed food and beverage company is expanding its food business in the domestic market by spending $32 million to upgrade efficiency and productivity and to introduce the company's food brands to a wider base of customers. The new investment is mostly to open 40-50 new restaurants this year, compared with 29 stores in the previous fiscal year. In addition to new stores, the company plans to develop new digital technology for innovative offerings to improve the customer experience. According to a market researcher, Thailand's overall food business is estimated at $12.5 million in 2020, a rise of 9.7-10.6 percent from 2019.
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