Tax on sugary drinks could hit more than 4,000 jobs in the UK

The introduction of a tax on sugary soft drinks in the UK could put more than 4,000 jobs at risk, according to a report.The report from forecasters Oxford Economics also says the tax, proposed for 2018, will be ineffective and lead to a reduction of just five calories a day per person.The sugar tax was proposed in the UK budget...

Vietnam to float brewing stakes before sale

The sale of state-controlled shares in Vietnam's largest breweries could take longer than expected after the government said that it would first float the companies on local stock exchanges before considering bids by foreign brewers to take a controlling stake.The Vietnamese government, which owns an estimated US$2.2 billion worth of shares in the firms, has already said that intends...

Changes at the top of the KHS sales and service division

German-based manufacturer of beverage filling and packaging lines KHS is making changes to its sales and service division.The realignment is part of the Future action plan at KHS, a growth strategy that helps strengthen internal performance; it has announced that Prof Dr-Ing Johann Grabenweger, responsible for Sales and Service, is leaving the company by mutual consent.Prof Grabenweger spent 13...

A.G. Barr continues positive performance

UK soft drinks producer A.G. Barr has reported sales of £136 million ($178.4m) for the first half of this year, a 5 per cent increase compared to 2017, which stood at £129.8m ($170.2m).The producer of Irn-Bru also saw 8.8 per cent growth the previous year and chief executive Roger White has put these consecutive rises down to the flourishing...

Nitrogen-infused cocktails launched by AG Barr

A range of nitrogen-infused cocktails in 200ml cans has been launched in the UK by AG Barr, the Scots-based producer of Irn-Bru.Aimed at helping bartenders speed up the making of cocktails, the Funkin mixers are injected with nitrogen during the canning process to give a smooth finish. Four variants are offered: espresso martini, passionfruit martini, amaretto sour, and pink...

AB InBev to build its first craft brewing facility in Asia

To tap into the growing premium beer market in China, Anheuser-Busch InBev’s investments group ZX Ventures is to open a craft brewery in Wuhan.This will be AB InBev’s first facility solely dedicated to craft brewing in Asia and is part of a strategy to strengthen its position in China, following the establishment of a brewery in Fujian in December last...

PepsiCo reorganises its leadership team

PepsiCo has reorganised its leadership team with the creation of a global chief commercial officer, the appointment of a new chief science officer and further delayering of its operating businesses.PepsiCo chief executive Ramon Laguarta commented: “We believe these changes will enable us to better capture growth opportunities by getting closer to our consumers and deploying our global capabilities in...

Premium sector drives energy drinks growth in Thailand

The maker of Red Bull in Thailand has launched two premium energy drinks under the Ready brand to attract office workers and young consumers.Red Bull is branded as Krating Daeng and produced by the TCP Group in Thailand.Surachai Chonglertvarawong, TCP’s director of marketing, said that 100 million baht (US$3m) has been spent in the launch of Ready Black for...

Hochwald to build dairy site in Germany

German dairy cooperative The Hochwald Cooperative Group is planning a new production site for long-life dairy products in North Rhine-Westphalia.Located in the town of Mechernich in Obergartzem, the site will produce around 800 million litres of milk and employ more than 250 people. Should the local council give its approval, the land purchase agreements could be signed by next...