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Coke Korea Names First Woman As CEO

September 2, 2019: 12:00 AM EST
Coca-Cola Korea has named its first female CEO to replace 12-year-veteran Lee Chang-yeob. Choi Su-chong, who is said to have “a proven record of growing businesses and managing large transitions,” will be responsible for managing operations as well as building a brand through competitive differentiation. Choi joined Coca-Cola Korea as a brand manager for Sprite and Fanta in 2006 and was promoted to various positions in marketing soda brands. Most recently she was responsible for the launch of new products such as Seagrams, Georgia Coffee, Toreta, and AdeS.[Image Credit: © THE COCA-COLA COMPANY]
Kwak Yeon-soo, "Coca-Cola Korea names new CEO", Korea Times, September 02, 2019, © koreatimes.com.kr
Domains
FOOD COMPANIES
Coca-Cola Company
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Worldwide
Asia-Pacific
South Korea

Improved Packaging Sustainability Is A Major Priority Of CCEP

September 2, 2019: 12:00 AM EST
According to Joe Franses, VP Sustainability for Coca-Cola European Partners (CCEP), a major priority for the company is reducing the environmental impact of its packaging. It is working on a number of initiatives to improve the packaging sustainability, including removing unnecessary plastic and developing innovative ways to get its products to consumers. In a recent interview, Franses said the company wants to make sure all packaging is 100 percent recyclable, but the most challenging goal is to “collect a bottle or can for everyone that we sell.”  To achieve these goals Franses said the company is implementing a cross-system working model with Coca-Cola to ensure packaging sustainability. This includes: investing in new manufacturing lines at sites across Europe; increasing capacity for refillable glass bottles and resting new routes to market; and – to encourage use of refillable packaging – looking closely at the different collection and recycling schemes in place in Western Europe – including household collection schemes and deposit return schemes (DRS). [Image Credit: © The Coca-Cola Company]
Liz Gyekye, "5 Minutes With… Joe Franses from Coca-Cola European Partners", Bio Market Insights, September 02, 2019, © Bio-Based World Ltd T/A Bio Market Insights
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Coca-Cola Company
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Worldwide
EMEA
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Coca-Cola India Is The Innovation Spark Plug Driving Asia-Pacific Region Growth

September 2, 2019: 12:00 AM EST
The Asia-Pacific region is a key growth engine for Coca-Cola, but innovation in India is sparking that engine. Coca-Cola India is perceived as “agile and swift when it comes to introducing innovations:” product innovations in India have almost doubled over the last three years.” In a recent interview, Shell Huang, vice-president for R&D, Asia-Pacific, noted that Coca-Cola India has launched nearly 25 new products since 2016, applying an incubation model that cuts development time from the concept stage to the retail shelves to 12 weeks from 2-3 years. Collaborating with the Shanghai R&D Center, Coca-Cola India is currently testing products such as spiced buttermilk fortified with fiber to strengthen its dairy play, a fruit puree product under the Minute Maid brand, and a non-alcoholic malt drink under the Barbican brand. The spiced buttermilk product is likely to be launched nationally in the first quarter of 2020, while the fruit puree product will be launched in select urban markets, Huang said. [Image Credit: © The Coca-Cola Company]
Meenakshi Verma Ambwani, "Coca-Cola sees fizz in India’s innovation potential", The Hindu Business Line, September 02, 2019
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Coca-Cola Company
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Innovators At Coca-Cola Plan For Industry, Societal Change

August 28, 2019: 12:00 AM EST
In a recent interview, Matt Hughes, Coca-Cola’s vice president for incubation and a founding member of its Venturing and Emerging Brands unit, pointed to “beverages for life,” water usage, women empowerment, and environmental sustainability as top priorities of the company’s “mission approach to things.” As to specific product areas, Hughes said “plant-based is an interesting space … that is an adjacent area to dairy from a protein perspective.” As it thinks about the future and “where consumers are going to be five or 10 years from now,” Coca-Cola invests time, energy and money to gain expertise in new technologies, marketing and digital platforms, and other areas that can help drive growth. Hughes said he expects Coca-Cola to be as “on-trend” 30 years from now as it is today, and he is very enthusiastic about the prospects for sparkling water Topo Chico and sports hydration beverage Body Armor.[Image Credit: © THE COCA-COLA COMPANY]
Barb Stuckey, "Coke's Venture Group Looks Out 10 Years at Plant Based & Female Empowerment", Forbes Media, August 28, 2019, © Forbes Media LLC
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Coca-Cola Company
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Coke and Pepsi To Leave Plastics Industry Association

August 23, 2019: 12:00 AM EST
PepsiCo and Coca-Cola have told Greenpeace USA of their decision to withdraw from the Plastics Industry Association. Greenpeace highlights the dichotomy of pledging to end plastic pollution at the same time as supporting bodies that lobby for continued reliance on single-use plastic. Greenpeace says that The Plastics Industry Association uses the American Progressive Bag Alliance (APBA) as a front to advocate against plastic bans in the US. Greenpeace says 15 states have to date passed “pro-pollution preemption laws”. [Image Credit: © Darko Djurin from Pixabay]
Perry Wheeler, "Industry giants Coca-Cola and PepsiCo ditching pro-plastics lobbying association", Greenpeace, August 23, 2019, © Greenpeace
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Coca-Cola Company
PepsiCo
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Unilever’s Magnum Ice Cream Launches Some Plastic Jars Made With Recycled Plastic

August 8, 2019: 12:00 AM EST
Magnum said it would be the first ice cream brand to use recycled polypropylene plastic for its packaging. In a limited trial it will launch 600,000 new Magnum jars in Belgium, Spain and the Netherlands, then release over 3 million in 2020 as it goes worldwide. Recycled polypropylene (rPP) has been used before for beauty and hygiene care applications but not for food packaging. To develop a solution, Unilever has worked with chemicals company SABIC since early 2018. Unilever did not indicate the percentage of plastic that is recycled, but acknowledged it uses a ‘mass balancing’ approach. It proclaimed the effort as part of its plan to ensure that by 2025 25% of plastic used in its packaging is recycled.[Image Credit: © Unilever]
"Magnum launches the first recycled plastic jars", Unilever France, August 08, 2019, © Unilever
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Unilever
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Sainsbury’s To Remove Hard-To-Recycle Black Plastic Trays From The Chiller Cabinets

July 25, 2019: 12:00 AM EST
The UK supermarket chain Sainsbury’s said it will be first among retailers to eliminate the black plastic trays often used for chilled ready meals, in favour of a recyclable tray made from natural CPET. Sainsbury’s says the move, to be completed by November 2019, will reduce the volume of hard-to-recycle plastic by over 1,000 metric tonnes a year. Earlier in the same week, the company announced a trial to take away the single use plastic bags for loose fruit and vegetable, and replace them with reusable drawstring bags.[Image Credit: © J Sainsbury plc]
"Sainsbury's becomes first retailer to remove all black plastic from chilled ready meals", Sainsbury’s, July 25, 2019, © J Sainsbury plc
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Retailers & Private Label
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Coke Turns In Strong 2nd Q Financials, Paints Rosier Growth Picture

July 23, 2019: 12:00 AM EST
Coca-Cola reported healthy second-quarter 2019 results, as earnings and sales beat Wall Street estimates. Shares were up five percent in morning trading after the company raised its revenue forecast; Coke now expects organic revenue growth of five percent rather than four percent. Second-quarter earnings of 63 cents a share beat the Zacks consensus of 62 cents. The bottom line also improved four percent from the year-ago period, driven by a focus on consumer-centric innovation, solid core brand performance, and improved execution in the marketplace. Currency translations negatively impacted earnings by nine percent. Revenues of $9.997 billion also surpassed consensus estimates and increased six percent year over year. Organic revenues grew six percent. The company raised its revenue forecast, after noting that concerns about economic uncertainty had faded. “We saw some clouds on the horizon, too,” CEO James Quincey said. “But the storm never arrived, so by sticking to our plan, by executing against our strategy, we’ve been able to deliver stronger momentum than even we were expecting.”[Image Credit: © THE COCA-COLA COMPANY]
Amelia Lucas, "Coca-Cola CEO: ‘The storm never arrived’ as beverage giant raises revenue forecast", CNBC, July 23, 2019, © CNBC LLC
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100% Valvert rPET Bottle In Belgium Extends Nestlé’s Use of Recycled Plastic

July 10, 2019: 12:00 AM EST
Nestlé Waters’ natural mineral water brand, Valvert in Belgium, has introduced a new bottle from 100% recycled PET, It’s the company’s first 100% rPET bottle in Europe. The brand launched a 100% 150cl rPET bottle and a 50% 50cl rPET bottle, with the aim of making the smaller bottle entirely from rPET by the end of the year. In 2018, Nestlé Pure Life launched 100% rPET bottles in North America, and the US spring water brand Poland Spring says it will convert its packaging to recycled plastic by 2021.[Image Credit: © Nestlé]
"Valvert launches water bottle made of 100% recycled plastic, a first for Nestlé in Europe", Nestlé, July 10, 2019, © Nestlé
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Nestle
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McDonald’s UK & Ireland Makes Further Plastic Use Reductions

June 21, 2019: 12:00 AM EST
The McFlurry’s ice cream range at McDonald’s in the UK and Ireland will be sold without the single-use plastic lids from September this year. McDonald’s will also use 100% renewable and recyclable cardboard packaging for all main meals and side salads, replacing the plastic containers. The cardboard will contain 50% recycled content. The company says that the changes will reduce plastic waste by nearly 500 million tonnes a year. Its global commitment is to use only renewable or recycled packaging by 2025 and it has started replacing plastic straws with paper straws. [Image Credit: © McDonald's]
"McFlurry gets a makeover in McDonald’s UK latest sustainability drive", McDonald’s UK , June 21, 2019, © McDonald's
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Coca-Cola In Belgium Asks Consumers Not To Buy Its Products Unless It Plans To Recycle Them

June 10, 2019: 12:00 AM EST
Coca-Cola in Belgium is trying an ambitious approach to raising awareness of the need to recycle plastic, with a summer campaign that asks consumers not to buy Coke products if they aren’t willing to help the company recycle. Some 85% of Coca-Cola packaging in the country is currently recycled, but the company says this rate is not high enough. The campaign is also being adopted in the Netherlands, on TV ads as well as activations in towns and at festivals. Although the campaign ends in September, it will be incorporated in other advertising.[Image Credit: © The Coca-Cola Company]
"‘Don’t buy Coca-Cola if you’re not going to help us recycle!’ Coca-Cola launches recycling campaign", Beverage Daily, June 10, 2019, © William Reed Business Media Ltd
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Coca-Cola Company
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Belgium

Aldi UK Replaces Plastic Checkout Bags With Paper Or Compostable Options

June 10, 2019: 12:00 AM EST



Aldi in the UK will from July this year replace plastic bags in half of its stores with paper bags, and biodegradable bags at the other half. After the trial, Aldo will choose the most popular. The Bioplast 100% compostable bags will cost 6p. Aldo is charging 19p for the paper bags. [Image Credit: © Aldi Stores Limited]
Sarah Young, "Aldi announces plans to reduce traditional plastic bags with paper and compostable versions", Independent UK, June 10, 2019, © Independent Digital News and Media Limited
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Hormel Launches National Ad Campaign To Inspire People To “Choose Good”

April 19, 2019: 12:00 AM EST
Austin, Minn.-based Hormel, maker of Natural Choice deli meats, has launched the “Good Feeds Us All” national advertising campaign to “inspire people to choose good whether it's in the food they eat or the actions they take.” The brand will incorporate a Good Feeds Us All national tour to spotlight individuals and organizations who have made it their mission to choose good. However, whether Natural Choice meats are really natural or good has spawned litigation. The D.C. Superior Court on April 8 dismissed a lawsuit by the Animal Legal Defense Fund (ALDF) alleging Hormel was misleading consumers. But in statements disclosed in the court filing, a Hormel executive said the same antibiotics-treated pigs used to make its Spam meat product are also used in Natural Choice pork products. An ALDF attorney said Hormel was engaged in “a massive attempt to manipulate and dupe the consumer to purchase something they have no intention to purchase.”[Image Credit: © Lloyd's Barbeque Company, LLC]
"The Makers of Hormel Natural Choice Deli Meats Announce New National Ad Campaign Inspiring Others to Choose Good", PR Newswire , April 19, 2019, © PR Newswire Association LLC.
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Despite Some Blips, Danone Says It’s On Track For Solid Growth In 2019

April 17, 2019: 12:00 AM EST
Despite a couple of disturbing first-quarter setbacks, yogurt giant Danone is sticking to forecasts that call for accelerated sales in the second quarter and three percent like-for-like sales growth for the year. The company faced a consumer boycott in Morocco early in 2018 over its strategy of raising prices to counter falling sales; sales of infant formula in China drooped compared with last year. First-quarter sales rose a modest 0.8 percent to $6.9 billion, compared to 2.4 percent growth in the fourth quarter of 2018. Nevertheless, the company says it is still on track to achieve three percent like-for-like sales growth for the full year. The major operating divisions – Essential Dairy & Plant-based (EDP), Specialized Nutrition, and Waters – recorded like-for-like sales growth in the quarter. The Waters division grew 3.9 percent, thanks in part to the increased distribution of Evian waters in the U.S.
Martin White, "Danone maintains full-year profit targets following modest Q1", FoodBev Media , April 17, 2019, © FoodBev Media Ltd
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Danone
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Meat Companies May Be Misleading Consumers By Claiming Products Are “Natural”

April 11, 2019: 12:00 AM EST
Although American consumers want “all-natural” meats – with no antibiotics, hormones, or preservatives – the USDA says that in meats and poultry “natural” only means no artificial ingredients and minimal processing. Major meat companies, meanwhile, are catering to consumer desires by claiming or implying in advertising that their products are natural. Those claims are legal, as long as they follow USDA guidelines, even if they mislead shoppers. That was basically the ruling of the D.C. Superior Court when on April 8 it dismissed a lawsuit by the Animal Legal Defense Fund (ALDF) alleging Hormel was misleading consumers. But in statements disclosed in the court filing, a Hormel executive said the same pigs it uses to make its famous Spam brand meat product are also used in Natural Choice pork products. Those pigs are often given antibiotics and are rarely allowed outdoors. An ALDF attorney said Hormel was engaged in “a massive attempt to manipulate and dupe the consumer to purchase something they have no intention to purchase.” [Image Credit: © Lloyd's Barbeque Company, LLC]
Richard Binder, "Hormel lawsuit reveals that 'natural' meat might not be", Law.com, April 11, 2019, © ALM Media Properties, LLC
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Becht Resigns As Chairman Of JAB Holding Over Disagreements About Company Strategy

January 14, 2019: 12:00 AM EST
JAB Holding, owner of coffee giant Keurig Dr Pepper, announced the retirement this year of chairman and co-founder Bart Becht, a few months after he stepped down from its Coty cosmetics business. Becht reportedly resigned because of disagreements with his partners about the scale of the company's dealmaking, preferring that JAB focus on improving operations for the companies that JAB already has stakes in. The company has hired three new executives with consumer products backgrounds: Fabien Simon, Ricard Rittes and Jacek Szarzynski. Anheuser Busch InBev veteran Rittes will open a new office in Brazil to head up expansion in emerging markets. JAB, the investing arm of Germany's Riemann family, was run by Becht with partners Peter Harf and Olivier Goudet. Harf will take over as chairman after Becht's departure. CEO Bob Gamgort will replace Becht as chairman of its board.
Amelia Lucas, "Bart Becht, chairman of Keurig Dr Pepper owner JAB, to retire from the company he helped form", CNBC.com, January 14, 2019, © CNBC LLC
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App-Driven SnackBot Matriculates At California University

January 3, 2019: 12:00 AM EST
PepsiCo has introduced the first snack delivery robots in the U.S. that provide “great-tasting, healthier snacks and beverages” to college students. The new all-wheel drive “snackbots,” with a 20-mile range on a single charge, arrived at the University of the Pacific (Stockton, Calif.) stocked with snacks and beverages from PepsiCo’s Hello Goodness line, including Smartfood Delight, Baked Lay's, SunChips, Pure Leaf Tea, bubly, LIFEWTR, and Starbucks Cold Brew. The Hello Goodness vending platform, including the snackbot, will be available at 50,000 touchpoints by the end of the year, according to PepsiCo. Users at University of the Pacific can order food and drinks from 9 a.m. to 5 p.m., via the snackbot app, to be delivered to more than 50 designated spots across the 175-acre campus.[Image Credit: © Robby Technologies Inc]
"PepsiCo's Hello Goodness snackbot is Off to College", PR Newswire, January 03, 2019, © PR Newswire Association LLC
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PepsiCo
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Nestlé R&D Unit Is Developing Beverages Made From Walnuts, Blueberries

December 28, 2018: 12:00 AM EST
Nestlé SA hopes to ride the wave of plant-based eating – one of the new so-called “food tribes” that include gluten-free and lactose-free – to a billion-dollar business. In addition to stepping briskly into vegan substitutes for meat, using soy and wheat protein, the company’s research and development center in Switzerland is exploring the potential for a liquid derived from walnuts and blueberries, with a purple hue. There’s also a blue latte featuring spirulina algae in the works. The company says about half of the protein used in its food products, including in pet food, comes from plant rather than animal sources. Nestlé Chief Technology Officer Stefan Palzer said, “Vegetarianism has never been this popular before and it’s here to stay, I’m convinced about that.” 
Corinne Gretler, "Nestlé Plans Vegan Push With No-Meat Burger, Purple Walnut Milk", Bloomberg, December 28, 2018, © Bloomberg LP
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Coca-Cola Closes Aggressive Acquisition Year With Series A Investment In POS Connectivity Firm

December 17, 2018: 12:00 AM EST
Coca-Cola took the lead in a $10 million Series A investment round in Hayward, Calif.-based restaurant tech company Omnivore, developer of a universal point-of-sale connectivity platform. Other investors were Performance Food Group and Tampa Bay Lightning owner Jeff Vinik. Omnivore promotes an "end-to-end suite of solutions" to help optimize the digital restaurant experience, such as online ordering, paying at the table, third-party delivery, kiosk/digital menus and analytics. The financing will be used to accelerate current development and growth of proprietary Omnivore products that minimize friction for restaurant brands, third-party technologies, and POS companies, according to a news release.
Eric Mandel, "Coca-Cola backs restaurant tech company", Atlanta Business Chronicle, December 17, 2018, © American City Business Journals
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Coca-Cola Company
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Ioniqa’s Process For Hard-To-Recycle PET Materials Is Gaining Attention From Large CPGs

December 14, 2018: 12:00 AM EST
Coca-Cola is supporting Dutch firm Ioniqa Technologies with a loan, to help it develop the technology for producing recycled PET content from PET waste that is typically difficult to recycle. The move is a part of  Coca-Cola’s target of using packaging containing 50 percent or more recycled content by 2030. The  technology allows recycling of colored PET bottles, typically excluded from some recycling processes, to be used in food-grade PET. Unilever announced earlier this year its collaboration with Ioniqa.[Image Credit: © Ioniqa Technologies]
"Coca-Cola supports Ioniqa in its efforts to develop recycled PET", Foodbev.com, December 14, 2018, © Foodbev.com
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Unilever
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Denmark

Aldi To Replace Polystyrene Pizza Discs With Recyclable Discs

December 13, 2018: 12:00 AM EST

The Aldi supermarket chain in the UK is introducing 100 percent recyclable pizza discs to replace the Polystyrene discs. Earlier this year, Aldi in the US said it would roll out How2Recycle labels across its own brand products over the next two years, and in March the company committed to using 100 percent recyclable, reusable or compostable packaging for own-label products by 2022. In the UK, it has also stopped offering customers 5p plastic bags, only 9p reusable bags made from plastic waste.[Image Credit: © Lutz Peter from Pixabay]
"Aldi introduces 100% recyclable pizza discs in UK", Packaging Gateway, December 13, 2018, © Verdict Media Limited
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Nestlé Acts To Increase Redistribution Of Its Surplus Food In U.K.

December 12, 2018: 12:00 AM EST
Nestlé has partnered with a British anti-food waste charity and a surplus food redistributor in a program to curb food waste by ensuring that more of its surplus food is available for both charitable and commercial use. The company says its arrangement with WRAP and Company Shop will mean that more of its part-processed products can be redistributed instead of being used for animal feed or anaerobic digestion. The approach will increase the levels of charitable redistribution from Nestlé’s U.K. operations by the equivalent of two million meals a year, on top of the products that already go to another redistribution organization, Fareshare. [Image Credit: © Nestle ]
Andy Coyne, "Nestle Launches New Food Waste Initiative in the UK", Just-Food, December 12, 2018, © just-food.com
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Nestle
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KFC To Use Plastic-Free Food Buckets At Australia’s Upcoming Big Bash Cricket League

December 12, 2018: 12:00 AM EST


KFC, in partnership with Graphic Packaging International, is supplying half a million food buckets using sustainable materials for the Big Bash League 2018, a cricket event in Australia. The move is aligned with the Government’s commitment to ensure all packaging in the country will be 100% recyclable, reusable or compostable by 2025. The plastic-free buckets will be made at Graphic Packaging’s plant in the UK and will have a grease-resistant lining. [Image Credit: © KFC Corporation]
Ojaswita Kutepatil , "KFC to launch recyclable buckets for Australia’s Big Bash League 2018", Sharp Reports, December 12, 2018, © Sharp Reports
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Other
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Australia

Consumers Expect Colors – Artificial Or Not – In Their Foods

December 11, 2018: 12:00 AM EST
Colors are important to food companies because, apparently, they’re important to consumers. Though big food companies like McDonald’s and Kellogg have promised to get rid of artificial dyes, they continue to use – or have reinstated – colorings because consumers want them. General Mills, for example, eliminated artificial colors from Trix, it added them back in last year after consumers demanded a return to the “classic” look. The cheddar cheeses sold by Boar’s Head, Cabot, Kraft, and Tillamook contain annatto, a plant extract commonly used for color.  Because salmon buyers expect salmon to be pink, farmed salmon is often fed synthetic astaxanthin, a version of a naturally occurring compound. It makes economic sense: darker salmon commands an extra 50 cents to $1 per pound when offered next to lighter salmon.[Image Credit: © Hans Braxmeier from Pixabay]
Candice Choi , "Artificial dyes fading, but food will still get color boosts", Associated Press, December 11, 2018, © The Associated Press
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Other
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United States of America

Coca-Cola CEO Tells Investors Not To Expect Brisk Acquisition Pace To Continue In 2019

December 11, 2018: 12:00 AM EST
After initiating six acquisitions in 2018, including the $5.1 billion purchase of U.K. coffee chain Costa Coffee, Coca-Cola will tap the brakes in 2019, according to CEO James Quincey, who said the plan is to spend time absorbing what it bought. Shares of the company are up more than seven percent so far this year, standing relatively strong against broader market volatility, an indication that investors are happy with the aggressive growth plan. Coke now has a market value of $209.8 billion. And while the beverage industry has been eyeing cannabis-infused drinks as an avenue for growth, Quincey said Coca-Cola will hold off from including cannabidiol (CBD), a cannabis compound, in any of its products until it is "legal, safe and consumable."
Amelia Lucas , "Coca-Cola CEO: Deal Making in 2019 will likely slow down as company integrates recent acquisitions", CNBC.com , December 11, 2018, © CNBC
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Coca-Cola Company
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McDonald’s In The Vanguard Of Movement To Reduce Antibiotics In Beef

December 11, 2018: 12:00 AM EST
With a nudge from the Natural Resources Defense Council, McDonald's announced it has told its beef suppliers around the world to cut back on the use of antibiotics beginning in 2019. Implementation will begin with pilot projects in ten markets around the world, including in the U.S. McDonald’s is the first big burger chain to launch such a policy, though other fast food leaders – Chipotle, Panera, Subway – have either cut antibiotic use in their beef supplies or have committed to do so. A spokesman for the NRDC said: “Nobody in the world sells more burgers than McDonald's, and their actions can shape the future of the industry.” Forty-three percent of medically important antibiotics sold to the U.S. livestock industry go to the beef sector, compared to only six percent for chicken.[Image Credit: © McDonald's]
"McDonald’s Commits To Reducing Antibiotic Use In Its Global Beef Supply", Natural Resources Defense Council , December 11, 2018, © Natural Resources Defense Council
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Coke’s Brand Incubator To Undergo Major Restructuring

December 7, 2018: 12:00 AM EST
Scott Uzzell, president of Coca-Cola’s Venturing and Emerging Brands (VEB) business, outlined in a December 4 memo several organizational changes to take effect in January. The changes, including some staff shifts, will “sharpen our focus” related to the current marketing strategy and accelerate the growth of its beverage portfolio. VEB’s role – “futurist, investor, incubator and integrator“ – is to spot the right trends, invest in them, incubate them “and, finally, help integrate them into our broad business system.” With that in mind, VEB will create several new business units that will nurture acquired brands: imported mineral water brand Topo Chico and coconut water maker Zico will move into the Still Business Unit; Hansen’s and Blue Sky Beverage Company will move to the Sparkling Business Unit; and Hubert’s Lemonade and VEB’s Natural Channel Sales Team will be folded into the Minute Maid Business Unit based in Texas. Other brands – Fairlife, Suja, and BodyArmor – will not be affected.
Martín Caballero, "Coca-Cola VEB Set to ‘Sharpen Focus’ on Incubation in 2019", BevNET.com, December 07, 2018, © BevNET.com
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Coca-Cola Company
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Retiring Coke Chairman Kent Lists Challenges For Global CEOs

December 7, 2018: 12:00 AM EST
Outgoing Coca-Cola Chairman Muhtar Kent – he’s retiring in April 2019 – says running a global business is tougher than ever because of the competition, of course, but also because of “sociopolitical dynamics,” more unknowns – like Brexit, U.S. trade wars, and currency fluctuations – and “more volatility, constant volatility." But that’s not all that gives CEOs anxiety. Also at work are a “global war for talent” and “digitization," he told CNBC. Kent, a 40-year veteran of Coca-Cola, will be replaced as chairman by CEO James Quincey.
Amelia Lucas , "Coca-Cola chairman: 'More unknowns, more volatility' are making running a global business tougher", CNBC.com , December 07, 2018, © CNBC LLC
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Coca-Cola Company
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United States of America

Corn Flakes To Beer: Kellogg U.K. Program Cuts Food Waste 12.5 Percent

December 7, 2018: 12:00 AM EST
The U.K. unit of breakfast food company Kellogg is brewing a new business: beer. The company has launched a program, “Throw Away IPA,” that turns rejected corn flakes – too small, too big, undercooked – into beer, the revenues from which are partially donated to Fareshare, a food poverty charity. The English beer, made by Seven Bro7hers Brewery, tastes sweeter than the usual IPA, and has the iconic golden color of its breakfast cereal ingredients. Each Throw Away IPA brew uses roughly 132 pounds (60 kilograms) of rejected cornflakes. Since the program was launched, Kellogg says it has reduced its U.K.-based food waste by 12.5 percent.[Image Credit: © Seven Bro7hers Brewery]
McKinley Corbley, "In Bid to Cut Food Waste, Kellogg’s is Using Their Rejected Cornflakes to Make Beer ", Good News Network, December 07, 2018, © GNN, LLC
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Unilever Invests €100,000 To Solve Single-Use Plastic Sachet Problem

December 6, 2018: 12:00 AM EST
Unilever has set its sights on eliminating single-use plastic sachets for laundry products, piloting a technology in which it is investing €100,000. The crowd-sourced plastic-free tablet, which uses a plant-based coating, emerged from the company’s “Rethink Plastic” Hackathon. Other ideas from the event included a subscription model for detergent in ceramic or glass bottles, and soluble sheets of detergent, or ‘Laundry on a roll’. Teams from Unilever will look at some of these other ideas. [Image Credit: © Unilever]
"Unilever to invest €100,000 in a crowdsourced solution as part of its drive to rethink plastic packaging", Unilever, December 06, 2018, © Unilever
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Unilever
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Starbucks Says Plastic-Lined Coffee Cups Can Be Converted Into New Cups

December 6, 2018: 12:00 AM EST

Coffee chain Starbucks says it has converted 25 million of its coffee cups into new cups as part of a pilot scheme introduced earlier in 2018, overturning conventional wisdom that the plastic lining means they couldn’t be recycled. Mike Mueller of WestRock, the company that recycled the cups, said the company is aiming to raise awareness about how it can be achieved and scaled. Other initiatives used by Starbucks include charging a small fee to its London customers for single-use cups, and it is working on a cup that can be easily recycled and composted. Customers in most stores can expect a discount if they bring their own reusable cup.[Image Credit: © Starbucks Corporation]
Kat Smith, "Starbucks Proves That Single-Use Coffee Cups Can Be Recycled", LIVEKINDLY , December 06, 2018, © LIVEKINDLY Media Inc.
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Sale Of Cannery SPC Would Free Coca-Cola Amatil To Focus On Beverage Growth

December 5, 2018: 12:00 AM EST
Australian bottler Coca-Cola Amatil (CCA) has decided to divest the loss-making SPC fruit and vegetable cannery it purchased in 2005 after years of struggling to make it profitable. Analysts believe the sale would give CCA the cash it needs to invest in new business areas, such as acquisition of some parts of Lion Dairy & Drinks, and right itself after some setbacks. Earnings for 2018 are likely to be hurt by weaker beverage sales in Australia, soft demand in Indonesia, and the impact of container deposit schemes that have forced the price hikes in several states and Canberra. The company is expected to concentrate on growing categories like energy drinks and flavored milk and smoothies, increasing marketing efforts for what he called “sleeping beauties and blockbuster” lines, and introducing more enhanced and premium options.
Richard Whitehead , "SPC sale could provide much-needed impetus for Coca-Cola Amatil", Beverage Daily, December 05, 2018, © William Reed Business Media Ltd
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Kellogg Europe Executive Outlines Bio-Based Cereal Pouches Goal

December 4, 2018: 12:00 AM EST
According to Rupert Maitland-Titterton, Kellogg Europe’s senior director of sustainability and corporate communications, the company is working towards its pledge to ensure 100 percent of its packaging is recyclable, reusable or compostable by 2025. An interim goal is to develop bio-based cereal pouches, recyclable in all Kellogg’s markets, to replace oil-based pouches by the end of next year. Although it’s up to consumers to contribute to the recycling process, he says, food companies must work with stakeholders, including suppliers and waste management companies, to design packaging that can be recycled and to improve the infrastructure. Kellogg Europe has started an audit of recycling structures in its largest 25 markets. Kellogg is one of the 250-plus signatories to the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment, which aims to eliminate single-use plastic. Maitland-Titterton believes this scale of collaboration is crucial and that the food industry can’t solve it alone.[Image Credit: © KELLOGG Company]
"How Kellogg Europe is targeting a sector-wide shift to sustainable packaging", edie.net, December 04, 2018, © edie.net
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Campbell To Sell Bolthouse Farms, Continue Exit From Fresh Foods Business

December 3, 2018: 12:00 AM EST
Campbell Soup is casting its net wide for potential buyers of its money-losing carrot, smoothie and fruit beverage company Bolthouse Farms, continuing its withdrawal from the fresh food industry that proved to be a poor fit.  The company distributed the financial books for Bolthouse, and has begun the process of divesting its Garden Fresh Gourmet business, purchased in 2015 for $231 million. Among the potential buyers for Bolthouse is former Bolthouse CEO Jeffrey Dunn, who has talked to private equity funds to help raise money to fund a bid. Campbell paid $1.55 billion for Bolthouse Farms in 2012, when the brand had more than $100 million in earnings before interest depreciation and amortization.
Lauren Hirsch , "Campbell launches sale of Bolthouse Farms business", CNBC.com, December 03, 2018, © CNBC LLC
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Pakistan Expects Another $1.4 Billion In investment From PepsiCo, Coca-Cola

November 28, 2018: 12:00 AM EST
The office of Pakistan Prime Minister Imran Khan issued a statement saying that PepsiCo and Coca-Cola have committed to investing an additional $1.4 billion in the coming years. The country is beset with economic and financial problems, especially a swelling current account deficit that has pushed it to seek loans from China and Saudi Arabia and a bailout from the International Monetary Fund. According to the prime minister’s office, PepsiCo will invest another $1.2 billion over the next five years, while Coca-Cola will invest $200 million on top of the current $500 million. Despite Pakistan’s economic woes, consumer goods companies see the world’s sixth most populous country (208 million people) as a promising market.
Asif Shahzad, "Pepsi and Coca Cola pouring $1.4 bln into Pakistan - government", Reuters, November 28, 2018, © The Thomson Reuters
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Coca-Cola Drops Out Of Competition For GlaxoSmithKline’s Nutrition Business

November 19, 2018: 12:00 AM EST
Nestlé India and Unilever are the only companies vying for GlaxoSmithKline’s consumer nutrition business in India now that Coca-Cola is said to have backed out of the lengthy due diligence process. Bids for GSK’s Indian nutrition business, which includes the popular Horlicks malted milk beverage, are believed to be in the $3.1-3.5 billion range. Earlier this year, GSK launched a strategic review of its nutrition business globally. The review is expected to be concluded in December.
Ratna Bhushan, Arijit Barman, "Nestlé seeks to pip Unilever to grab GSK’s consumer nutrition business as Coca-Cola opts out", The Economic Times, November 19, 2018, © Bennett, Coleman & Co. Ltd.
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Coca-Cola Company
Nestle
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Coca-Cola Switches Emphasis From Marketing To “Growth”

November 14, 2018: 12:00 AM EST
Coca-Cola’s head of creative Rodolfo Echeverria has broadened the vision of the marketing department from product awareness and award-winning advertising to growth – by better satisfying consumer beverage needs. In March 2017 the company replaced the chief marketing officer position with the chief growth officer position to execute the basic strategy of becoming a “total beverage company.” The idea is to launch and acquired beverage products that consumers around the globe really want. Diversification has been a challenge, Echevarria admits, mainly because it is necessary to preserve a strong identity for each product, “an edge, a differentiating point that is relevant to the people or relates to that brand.” Meeting the challenge has benefited marketing, however, by “forcing” employees to be more curious.
Molly Fleming , "How getting rid of the CMO ‘broadened’ Coca-Cola’s marketing approach", Marketing Week, November 14, 2018, © Centaur Communications Ltd (a member of the Centaur Media plc group)
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Kellogg Plans To Back Out Of The Cookie Business

November 13, 2018: 12:00 AM EST
Kellogg Company plans to sell its cookie and snack fruit businesses to concentrate on its core product lines. On the auction block will be Keebler, Famous Amos, and Mother's and Murray cookie brands along with the Stretch Island fruit snack brand. In January 2019, the company will begin to revamp its organizational structure to improve core product market share. Kellogg hopes the move will provide “top-line growth” for the company. The structural changes will include consolidation of its morning foods, snacks, and frozen food businesses – representing about 80 percent of U.S. revenue – into single product categories. The company is also: placing a new emphasis on e-commerce; reorganizing its sales teams and making changes in its supply chain.[Image Credit: © Kellogg NA Co]
Dawn Geske, "Kellogg Company Looks To Sell Keebler, Famous Amos Cookie Brands", International Business Times News, November 13, 2018, © IBT Media Inc.
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Coca-Cola’s Environmental Policy Leader Outlines The Company’s ‘World Without Waste’ Strategy

November 3, 2018: 12:00 AM EST
Dr. Ben Jordan, senior director of environmental policy for Coca-Cola, says the company is progressing its aim to reduce its impact on the environment. Speaking at an event in Kuala Lumpur, he outlined Coca-Cola’s ‘World Without Waste’ vision, to eliminate packaging waste and address the issue of marine debris. Jordan says the company has since August 2017 had a team of over 30 globally working on the program, which comprises three pillars: Design, Collect and Partner. Coca-Cola aims to use only 100% recyclable packaging by 2025. It also aims to make sure the consumer does recycle the packaging, and stresses the need to work with partners, like bottlers and NGOs, to make sure it happens. [Image Credit: © Andrew Martin from Pixabay]
Elena Koshy , "Coca Cola envisions 'a world without waste' with their new packaging vision to combat their massive ecological footprint!", New Straits Times , November 03, 2018, © New Straits Times, New Straits Times Press (M) Bhd. A part of Media Prima Group.
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Coca-Cola Company
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Asia-Pacific
Malaysia

Coca-Cola’s Top “People Officer” Dons Global Ventures Hat

October 31, 2018: 12:00 AM EST
Coca-Cola’s recent acquisition spree led to the creation last month of the Global Ventures group to make sure acquisitions, investments, and partnerships are connected and globally scaled. Heading up the new unit is Jennifer Mann, the company’s “chief people officer,” who has been vice-president and general manager of Coca-Cola Freestyle and chief of staff. In announcing the change, CEO James Quincey said Mann’s unit “will focus on ensuring we get the maximum value from acquisitions and investments” and will also “partner with colleagues around the world to identify and nurture the next series of fast-growing opportunities.”
Jeff Gelski, "Coke creates Global Ventures group to handle recent acquisitions", Food Business News, October 31, 2018, © Sosland Publishing Company
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Global Companies Join The New Plastics Economy Global Commitment

October 29, 2018: 12:00 AM EST
Nearly 300 organizations have has joined a global initiative to eliminate plastic waste. The New Plastics Economy Global Commitment signatories include recycling companies, packaging producers and  retailers. It was announced at the Ellen MacArthur Foundation’s 'Our Ocean' conference in Bali, and was launched in collaboration with UN Environment. The initiative has three main aims: eradicate unnecessary plastic and move away from single-use packaging; work towards 100% reusable, recyclable or compostable plastic packaging by 2025; and to circulate plastic by increasing the volume of plastics that can be converted into new products or packaging. CPG companies that have signed up include Johnson & Johnson, SC Johnson, Danone, L’Oréal, Mars, PepsiCo, Unilever and Coca-Cola. Other signatories include Walmart, Target, Carrefour, Metro AG, Lidl, Ahold Delhaize, H&M, Amcor and Novamont.  [Image Credit: © New Plastics Economy]
Beth Wright , "Inditex, M&S, Target join pledge to end plastic waste ", Just-style.com, October 29, 2018, © Just-style.com
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Coca-Cola Company
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Unilever
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PepsiCo Strengthens Its Commitment To Using Recycled Material In Packaging

October 29, 2018: 12:00 AM EST
PepsiCo has pledged to use 25 per cent recycled content in plastic packaging by 2025, building on its 2016 ‘Performance with Purpose’ sustainability initiative that aims to make 100 per cent of its packaging recyclable, biodegradable or compostable by 2025. The company says that its work with partners will ensure PET beverage bottles will incorporate 33 per cent recycled PET material by 2025. In the EU, it is aiming for a 50% target. The new target also builds on its commitment to Ellen MacArthur Foundation’s  New Plastic Economy initiative. PepsiCo has also announced it had entered a multi-year supply agreement with Loop Industries, Inc., which develops sustainable plastic. PepsiCo will start to use Loop™ PET plastic, which contains 100 per cent recycled material, in its product packaging by early 2020. [Image Credit: © New Plastics Economy]
Matt Mace, "PepsiCo to use 25% recycled content in plastics packaging by 2025", edie newsroom, October 29, 2018, © Faversham House Ltd
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Nestlé China Doubles Pace Of New Product Launches

October 26, 2018: 12:00 AM EST
Nestlé China has launched several innovation projects this year, twice the number launched in 2017, tailored specifically for Chinese consumers. China’s nutrition, health, and wellness market is Nestlé’s second largest globally. The company’s innovation team is pursuing more than 100 ongoing projects that will deliver “more choices through a variety of healthy products over the next two years.” Nestlé has launched the second generation of its “AI family nutrition assistant” XiaoAi with more than 300,000 pieces of new nutrition, health and wellness interactive content, including personalized recipe recommendations, calorie calculation, and voice ordering. The company also launched its MyNutrition App, Nescafé Shop in Office, and BabyNes’ Smart Milk Powder Leveling Kettle.
"Nestlé China Accelerates Innovation", Nestlé China, October 26, 2018, © Nestlé
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Nestle
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Asia-Pacific
China

Two Global Companies Partner To Develop Plastics Recycling Technologies

October 25, 2018: 12:00 AM EST
Unilever is teaming up with Veolia, a waste management company, to develop technology to increase plastics recycling. The partnership will first focus on India and Indonesia, on collecting and recycling  waste and re-using recycled material. As a founding member of the UK Plastics Pact, Unilever is also working on the Pact’s 2025 targets, such as ensuring 70 per cent of all packaging is either recycled or reprocessed, and that all packaging has 30 per cent recycled content. Veolia, in partnership with RECOUP, a plastics recycler, produced a study that found consumers might pay extra more to increase the amount of their products that contain recycled material. It also found, however, that the infrastructure required to achieve this in the UK needs to be improved considerably. [Image Credit: © tkremmel from Pixabay]
Kate Dickinson, "Veolia and Unilever team up to tackle plastic waste", Resource.co, October 25, 2018, © Resource Media Limited
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Unilever
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Indonesia

Target Is Testing App That Highlights Foods Nearing “Best Used By” Dates That Sell At A Discount

October 21, 2018: 12:00 AM EST
A Canadian start-up that developed a food waste app is being tested at select Target stores in the Midwest and with the Loblaw (Canada) grocery chain. The Flashfood app pinpoints food close to the "best used by" or expiration dates so that users can pay via the app and then pick up the deeply discounted food at the store. Flashfood takes a cut of each sale. Stores benefit by selling food that would otherwise be tossed into the dumpster, and consumers benefit by getting lower-priced food that is still perfectly edible. Target’s goal is to reduce overall retail waste by 70 percent by 2020, and is moving forward with strategies that include waste-stream audits and an in-store tracking program to prevent wasted food at some of their stores,[Image Credit: © flashfood]
Catherine Roberts, "App aimed at cutting food waste wins pilot at select Target stores", Star Tribune (Minneapolis, MN), October 21, 2018, © StarTribune
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Retailers & Private Label
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Global Drinks Makers Seek To Dilute EU Plastics Legislation

October 19, 2018: 12:00 AM EST
Some large beverage companies are reportedly trying to limit European Union legislation on plastics reduction. A letter signed by Danone, Coca-Cola, Nestlé and PepsiCo urges EU states to postpone proposals that would force companies to ensure bottle caps can’t be detached. The EU is considering plans for tethered caps to be mandatory by 2025. The four signatories of the leaked letter counter-propose a commitment to recycle 90 per cent of plastic bottles by 2025. Some of these companies have been identified as the heaviest contributors to plastic pollution. The companies argue that tethered caps shouldn’t be compulsory unless 2021 recycling targets aren’t met, but critics say the EU’s aims aren’t difficult to achieve and the companies are just using classic delaying tactics. [Image Credit: © goranmx from Pixabay]
Ben Chapman, "Coca Cola, Pepsi and Nestle attempt to water down new plastics laws, leaked letter reveals", The Independent, October 19, 2018, © Evening Standard Ltd
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Coke CEO Sheds Day-To-Day Duties To Focus On The Big Picture

October 18, 2018: 12:00 AM EST
Coca-Cola CEO James Quincey is handing over day-to-day management duties to newly-named chief operating officer and 21-year Coke veteran Brian Smith, 62. He will also take on the title of president, which is held by Quincey. The promotion will take effect in January. The company also named new chief financial officer John Murphy, Asia-Pacific president, who will replace Kathy Waller, 60, in March. The management moves will permit Quincey to focus on the company’s overall strategic direction as more consumers shun sugary soft drinks. Chief Technical Officer Ed Hays, who is retiring in March, will be replaced by Nancy Quan, who holds the same post for Coke’s North America division.
Alistair Gray in New York , "Coca-Cola makes new appointments in management shake-up", The Financial Times , October 18, 2018, © The Financial Times Limited
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Fairlife Debuts RTD Milk-Based Smart Snacks

October 17, 2018: 12:00 AM EST
Dairy milk beverage producer Fairlife has launched a line of RTD between-meal smart snacks made with Fairlife ultra-filtered milk. The milk is cold-filtered to remove lactose, but provides 50 percent more protein and 50 percent less sugar than regular milk. The milk snacks, available in chocolate, French vanilla, and creamy strawberry, contain calcium plus 15 grams of protein and five grams of dietary fiber in an eight-ounce (8-oz) bottle. No artificial preservatives, artificial flavors, and no artificial colors fare used. Smart snacks are available in select Walmart stores, on Amazon.com, and with limited distribution nationwide. The suggested retail price is $2.29 for a single serve eight-ounce bottle and $24.99 for a multipack of 12. In partnership with The Coca-Cola company, Fairlife ultra-filtered milk and Core Power high protein shakes are distributed in the U.S. and Canada.
"Fairlife Satisfies Snack Cravings with Launch of Fairlife smart snacks", PR Newswire, October 17, 2018, © PR Newswire Association LLC
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Coca-Cola Company
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New Coca-Cola Vegetable Juice Tops List Of New Product Debuts

October 11, 2018: 12:00 AM EST
Coca-Cola will introduce a tomato juice blend into the convenience store channel early in 2019. Minute Maid Tomato Juice Blend – a mixture of tomato, carrot, celery, cucumber, and beet juices – joined several other new Coca-Cola products unveiled at the National Association of Convenience Stores (NACS) show in Las Vegas. The company also showcased a cold-brew coffee, Far Coast, due to hit store shelves in January in three flavors: Single Source Ethiopian, Signature Blend - Latin America and Café con Leche - in resealable aluminum bottles. Other unveilings: smartwater alkaline and smartwater antioxidant; a fruit juice puree “snack” dubbed Simply Smoothie in three flavors; and Sprite Lymonade (lemon-lime flavor) set to launch in February.
Andy Morton, "The Coca-Cola Co unveils vegetable juice as new products put in spotlight", just-drinks.com, October 11, 2018, © just-drinks.com
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Coca-Cola Company
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Fast-food, Restaurant Chains Wooing Millennials Spurn Processed Cheese

October 10, 2018: 12:00 AM EST
Fast-food and fast-casual restaurant chains bowing to the demands of the Millennial generation are spurning the century-old sandwich favorite processed American cheese – made with sodium citrate, calcium phosphate, natamycin, modified food starch, and milk – in favor of premium cheeses that contain no synthetic or artificial ingredients. Wendy’s, for example, offers asiago, AW's Canada locations use real cheddar, McDonald's replaced its Big Mac American cheese with a version that contains no artificial preservatives, and Panera Bread is now using a four-cheese combo of fontina, cheddar, manteau and smoked gouda to make its grilled cheese sandwich. The result is higher sales for the restaurants, and a significant drop in American cheese sales for the fourth straight year. U.S. sales of processed cheese, including brands like Kraft Singles and Velveeta are projected to drop 1.6 percent this year.[Image Credit: © Hans Braxmeier from Pixabay]
Lydia Mulvany and Leslie Patton, "Millennials Kill Again. The Latest Victim? American Cheese", Bloomberg, October 10, 2018, © Bloomberg LP
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Kraft Foods
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Canada
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