Latin America and coffee launch lift Coca-Cola results

Strong gains in Latin America contributed to The Coca-Cola Company reporting that its net profit grew by 38 per cent in the third quarter.While global operating revenue was up by 8 per cent at US$9.51 billion and gross profit was up by 6 per cent at $5.74bn in the three months to the end of September, compared with the...

Danone is latest water brand to take up aluminium cans

French multinational Danone is the latest company to shake up the global US$19 billion bottled water industry by switching to aluminium cans.The world’s second-largest bottled water company by volume told the Reuters news agency it plans to introduce aluminium cans on a limited scale in Britain, Poland and Denmark.Danone, which uses 400,000 tonnes of PET plastic bottles each year,...

Budweiser to replace plastic ring carriers with paperboard

One of the first major beverage brands to commercialise a new paper-based packaging system that replaces plastic ring carriers for cans will be Budweiser Brewing Group, a subsidiary of Anheuser-Busch InBev (A-B InBev).The brewer plans to reconfigure all of its canning lines in the UK to accommodate the packaging system. It will be introduced in March next year, starting...

Budweiser teams with Real Madrid’s Sergio Ramos

A limited-edition Budweiser beer has been launched in aluminium bottles by Anheuser-Busch InBev (AB InBev) in partnership with Sergio Ramos, captain of Real Madrid and the Spanish national soccer team, as part of its ‘Beer of Kings’ campaign.The lightweight aluminium bottles feature replicas of the footballer’s tattoos, designed to engage with customers and drive sales of the products, which...

New canning line for Europe’s largest soft drinks plant

Coca-Cola European Partners (CCEP) has invested £24 million (US$30.35m) in a new canning line at its Wakefield, West Yorkshire, plant in the UK, as the world's largest Coke bottler celebrates 30 years at the site.The canning line supplied by Germany’s KHS has a capacity of 120,000 cans per hour and joins three other lines at the plant. It is...

AB InBev to open 15 microbreweries in India

Anheuser-Busch InBev (AB InBev) has signed an agreement with the Indian Hotels Company Limited (IHCL), one of South Asia’s largest hospitality companies, to launch a premium chain of microbreweries within its hotels across key locations in India. As part of the partnership, estimated to be worth INR1.5 billion (US$21.2 million), AB Inbev plans to open 15 microbreweries in India over...

Refresco acquires CCEP’s Milton Keynes site in the UK

Refresco, one of the world’s largest independent bottlers, has acquired the drinks canning plant at Milton Keynes in the UK operated by Coca-Cola European Partners (CCEP).The Milton Keynes plant, which is located adjacent a Ball facility that supplies it with cans, had originally been scheduled for closure until the deal with Refresco was announced. The terms of the deal...

PepsiCo earnings beat expectations

PepsiCo’s third-quarter (Q3) performance has topped analyst expectations. Global revenue at the New-York-based beverage giant increased 4.3 per cent to US$17.19 billion for the three months to 7 September.Organic revenue also grew 4.3 per cent during the quarter and PepsiCo now expects its organic revenue growth to meet or exceed its previous objective of 4 per cent growth for...

MP opens new Coca-Cola European Partners canning line in the UK

A new drinks canning line has been opened in the UK by Coca-Cola European Partners (CCEP), the world’s largest independent Coca-Cola bottler.The £16 million (US$19.65m) production line at CCEP’s Sidcup plant in Kent is part of a £55m ($67.54m) investment at the facility this year.The new Can Line 1 was officially opened by Rt Hon James Brokenshire, MP for...