Better conditions and growing demand are generating incredible growth among regional beverage bottlers in Tanzania. This also goes for Watercom – an enterprise that, in just a few years, has invested in not one but two KHS lines for water, soft drinks and juice. With persistently high annual growth rates of 5 percent to almost 8 percent since 2000, Tanzania is undoubtedly one of the most dynamic markets in sub-Saharan Africa. Since the state ceased to be counted among the world’s … [Read more...] about Watercom invests in two KHS lines for water, soft drinks and juice
Asia Food Journal
Nestlé bolsters business with acquisition of Seattle’s Best Coffee
Acquisition of Seattle's Best Coffee further strengthens Global Coffee Alliance with Starbucks Starbucks and Nestlé announced today that Nestlé plans to acquire Seattle's Best Coffee brand from Starbucks. This transaction is part of Nestlé's focus on driving sustained profitable growth in the coffee category. It strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths. Seattle's Best Coffee's approachable line of whole bean, roast, and ground … [Read more...] about Nestlé bolsters business with acquisition of Seattle’s Best Coffee
Mondi approves €400 million investment in new kraft paper machine at Štětí mill (Czech Republic)
New 210,000 tonnes per year kraft paper machines will meet the growing demand for paper-based flexible packaging.Investment supports the growth of Mondi’s vertically integrated Paper Bags business.Forms part of Mondi’s ambitious, previously announced €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new kraft paper machine at … [Read more...] about Mondi approves €400 million investment in new kraft paper machine at Štětí mill (Czech Republic)
