Canada-based provider of packaging technology, Pakit, has entered an agreement with the global beverage company, PepsiCo, to develop new sustainable packaging. Pakit is known for designing innovative technology which uses cellulose fibre ...
Tags: Sustainable Packaging, packaging technology, transformative technology
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand
WhiteWave Foods has booked a drop in third-quarter earnings as an increase in expenses hit earnings. In the three months to the end of September, WhiteWave, which was spun off from Dean Foods last year, posted a profit of US$26.3m, down ...
Tags: plant-based foods, beverages, coffee creamers, Silk Soymilk
American food and beverage company PepsiCo reported that its net income for the third quarter 2012 fell 5% to $1.9bn, compared to $2bn during the previous year, due to increased spending on advertising, higher commodity costs and negative ...
Tags: net income, commodity costs, foreign-exchange, revenue
Philippine snack food and beverage company Universal Robina(URC)is set to take complete control of its overseas business division URC International(URCI)by purchasing 23%stake held by investment firm International Horizons Investments for ...
Tags: stake, international operations, acquisition, accretive
PepsiCo has opened a new food manufacturing facility in Wuhan,China,as a part of a plan to drive the growth of its business in the country and further expand into central and western China. The Wuhan plant is the company's first food ...
Tags: expand, LEED, bottling plants