Indorama Ventures is expanding its plastic manufacturing and recycling capabilities with the purchase of new facilities in the US and Germany. In separate deals, Bangkok-headquartered Indorama has bought Invista Resins & Fibers’ PET manufacturing facility in Gersthofen, Germany, as well as a PET
Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft kombucha brewery based in Petaluma, California, for an undisclosed sum. Revive’s product portfolio includes an extensive range of naturally fermented, organic, non-GMO kombucha drinks, both in ready-to-drink formats and on
PepsiCo has announced that its North American CEO Al Carey will retire at the end of March 2019 after three years in the role and nearly four decades at the company, and his role will be split in two. In his current
Novamex has acquired Tio Gazpacho for an undisclosed sum, the company announced some days ago, more than two-and-a-half years after the Hispanic-focused beverage marketer first invested in the drinkable soup brand. Primarily an importer of Mexican brands such as Jarritos and Mineragua,
Sitting in a cafe in Saudi Arabia, Azri Zahier came to a realisation. All around him, people were guzzling fizzy drinks. These, he noticed, were not local beverages, or even ones made elsewhere in the Gulf. They were from Thailand. “It made
Successful coffee players will combine discovery, experience, long-term purchasing and rapid product innovation, all across a wide range of distribution points.
Budweiser will be brewed with renewable electricity in the UK, with AB InBev UK signing the UK’s largest ever unsubsidised solar power deal. The 15-year power purchase agreement between AB InBev UK and Lightsource BP, Europe’s largest solar energy company, will roll
Nestlé is investing $154 million USD in a new coffee factory in Veracruz, Mexico: which will process 20,000 tons of locally sourced green coffee a year. With the potential to process some 20,000 tons of green coffee per year while directly employing
Yoghurt-flavoured soju: Lotte Liquor looks to stand out from the pack with its first non-fruit variant. South Korean beverage firm Lotte Liquor has introduced a new yoghurt-flavoured soju to the Australian market, its first non-fruit variant overseas. Its first shipment to the country
The Brewers Association has updated its definition of a craft brewer: removing the ‘outdated’ traditional pillar. A key implication of the change is that a brewer will no longer have to have the majority of its volumes in beer in order to
Pervida Inc. launched Pervida Calm, a CBD-based functional beverage that promotes relaxation and tension-release, the company says. Experts agree that the beverage market is ripe for innovation, and the latest trend is, in fact, the cannabis-infused beverage trend. As Faith Popcorn, founder
With the number of US breweries breaking the 7,000 milestone in October this year, it’s been a big year for small beer. The Brewers Association, the trade association for small and independent US craft brewers, looks back on the 2018 highlights for
With the US poised to sign a farm bill that will legalize hemp production, and Canada’s recent legalization of recreational marijuana, North America is on the brink of a CBD revolution. Food, beverage and ingredients companies are all looking to get in
Entering its eighth decade in business, Portuguese juice company SoNatural is available in more than two dozen countries around the world: and now the United States is finally one of them. The high pressure processed (HPP) juice maker this month announced the
Founded in 2014, M.D.-based Wild Kombucha remains one of the few kombucha brewers in the Baltimore area, and it hasn’t been letting its early jump on the market go to waste. The brand, started by step-brothers Adam Bufano and Sergio Malarin and
For many years, the editors of Beverage Industry have honored beverage manufacturers who find unique ways to tell the story of their brand through innovative designs and packaging that stand out. This year is no exception, as the editors examined this year’s
Thinfilm has spoken about the success of its collaboration with Kilchoman on its NFC whisky tag. Kilchoman Distillery was founded in 2005 and uses the message ‘from barley to bottle’ to distinguish its brand and business model. Hang tags The industry is,
Consumers around the globe are adopting plant-forward lifestyles. It is a trend evident in the non-food and food and drink sector. Fruit and vegetables are exploding into new product developments, primarily driven by health. The trend develops as consumers become much more
Smirnoff, a brand of Diageo North America, Norwalk, Conn., and its Smirnoff Seltzer brand announced the launch of a national contest for those traveling via airplane and the “middle seat” this holiday season. Smirnoff Seltzer saw an opportunity to bring its campaign
“Flavor trends have a significant impact on the use of colors. For example, when a consumer purchases a yellow beverage product, they will expect and perceive a citrus flavor. So, if citrus flavors became a large trend, you would see an increase