News

  • 14 Mar
    Global – Sustainable attributes drive adoption of aluminium cans from beverage-makers

    Global – Sustainable attributes drive adoption of aluminium cans from beverage-makers

    When a recycled material is used to make a new product, natural resources and energy are conserved. In the words of the coordinator for the first Earth Day (April 22, 1970) environmental advocate Denis Hayes said: “Listen up, you couch potatoes; each recycled beer can saves enough electricity to run a television for three hours.” In the same vein, manufacturing with recycled aluminium cans uses 95% less energy than creating the same amount of aluminium with bauxite, experts note.

    Moreover, there is the potential for essentially all of the aluminium in beverage cans to be recycled multiple times, generating significant environmental and economic benefits, note Scott Breen, vice president of sustainability, and Sherrie Rosenblatt, vice president of marketing and communications, at the Can Manufacturers Institute (CMI), Washington DC.

    “It is no surprise that beer, energy, health and soft drink beverage companies are enjoying the many benefits of the aluminium can, which has the highest recycling rate among all beverage packaging,” Breen and Rosenblatt say. “In CMI’s latest can shipment reports, aluminium can production in the United States and Canada increased 3.5%.

    “There are many sustainability advantages to packaging beverages in an aluminium can. Compared to plastic PET or glass bottles, aluminium cans lead the way in the key measures of recycling rate, recycled content and value per ton,” they continue. “An industry-leading 45% of aluminium cans are being recycled and an average 93% of recycled cans will end up as new cans, typically in as little as 60 days. As a result, the US beverage can on average is made up of 73% recycled aluminium. This continuous circular journey happens over and over again because metal recycles forever.”

    Recent trends indicate that more than 70% of new beverage product introductions are in aluminium cans and long-standing customers are moving away from plastic bottles and other packaging substrates to cans due to environmental concerns. For aluminium bottles we expect to witness a surge in demand and growth in the next five to 10 years. BeverageIndustry

    By Caroline Calder News
  • 14 Mar
    US – Orange juice prices rise as Florida citrus farmers struggle to survive

    US – Orange juice prices rise as Florida citrus farmers struggle to survive

    Deep in the heart of Florida, there’s a fight between generational farmers and every outside force below and above the soil to keep Florida oranges on trees and in consumer homes. Citrus Famer Christian Spinosa comments: I’ve been working on our family citrus and beef cattle operation out of Bartow, Florida. I’m a fifth-generation citrus and beef cattle producer,” Spinosa said.

    Spinosa owns Putnam Grove, a thousand acres of the more than 400,000 acreages of citrus groves in the state, and sells most of his oranges to Florida’s Natural orange juice. It’s changed a lot over the years. If it hasn’t been for freezes or canker or stasia and now citrus greening is what we’re currently facing,” he explained.

    Citrus greening has been a Florida farmer’s plague since 2005. This, coupled with a recent freeze in Florida, is frightening news for orange production. In 2022, the USDA predicts the sunshine state will produce the smallest batch of oranges since WWII, at 43.5 million boxes. The sad reality is, Florida Citrus Mutual estimates citrus acreage in the state is about half of what it was 20 years ago, with 60% of growers leaving the industry in the last five years.

    When you sell your land for 20, USD30,000 an acre and it’s a business decision. It’s not a demand decision. It’s a business decision,” said Steve Johnson, owner of Johnson Harvesting. Johnson’s family has owned their citrus grove in Wauchula since the 1930s. For him, selling isn’t an option.

     “Florida’s — it’s very important that citrus stays alive. It roughly, there’s 33,000 jobs that are involved in citrus, there’s about USD6.7 billion in economic impact. So the citrus industry plays a huge role in the economy,” Johnson explained.

    These oranges aren’t just going to local grocery stores, Florida groves supply about 95% of the entire country’s orange juice. One of the beauty parts behind the pandemic was the demand for orange juice went up because it’s a great quality product. It’s got vitamin C and it’s a healthy product,” Johnson said.

    A recent Nielsen report reveals orange juice sales are the highest they’ve been in years, but as we know, supply and demand affects prices. In the last year, orange juice prices went up more than 25%, according to Insider Market, and they are expected to continue rising.

    However, these farmers say paying the premium is the only way to help keep their crops alive. Florida farmers are constantly trying to figure out how to adapt to greening and keep trees healthy.

    ABCActionNews

    By Caroline Calder News
  • 14 Mar
    South Africa – ADM Completes Acquisition of South African Business Comhan

    South Africa – ADM Completes Acquisition of South African Business Comhan

    Global nutrition leader, ADM, announced it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM has worked together with the local business for a number of years, with the formal acquisition now giving new and current customers more direct access to ADM’s extensive portfolio and network of experts.

    “This acquisition marks a very exciting moment for ADM, as we continue to develop our Nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.” said Calvin McEvoy, President Global Beverages ADM.

    “At ADM we believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. The acquisition of Comhan means we can bring together our 80 years’ experience in the flavour industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages but through this new partnership we plan to grow the distribution capabilities to include food and savoury products.” added McEvoy.

    Welcoming Comhan into ADM’s portfolio comes together with other recent investments in alternative flavour production, including the company’s recent state-of-the-art facilities in Pinghu, China and Berlin, Germany. ADM

    By Caroline Calder News
  • 14 Mar
    Global – KKR to acquire majority stake in Refresco

    Global – KKR to acquire majority stake in Refresco

    Refresco Group, one of the largest independent beverage contract manufacturers in the world, and KKR, a leading global investment firm, have announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing investors, PAI Partners and British Columbia Investment Management Corporation maintaining a significant minority position. Terms of the transaction, which is subject to closing conditions, are not disclosed.

    Founded in 1999, Refresco is a global independent beverage solutions provider for retailers and branded beverage companies with pan-regional coverage in Europe and North America through its network of bottling, warehousing, logistics and other operational assets. The Company’s production platform includes over 70 majority-owned manufacturing sites in Europe, the US, Canada and Mexico, providing customers with close proximity and a reliable service across geographies. Refresco has built long-standing relationships with its customers by partnering to support material planning, procurement, manufacturing, warehousing, fulfillment, and distribution.

    KKR will support Refresco as it expands its global and strategically located footprint to better serve existing and new customers through a range of formats and channels. The Company will build on its ability to manufacture high quality products that meet the growing demand for sustainable beverage solutions, with a focus on sustainable sourcing, responsible production and environmentally friendly operations, say the company.

    KKR is making this investment primarily through its Global Infrastructure strategy, which was established in 2008. Since that time, KKR has been one of the most active infrastructure investors around the world with a team of more than 70 dedicated investment professionals. The firm currently oversees approximately USD40 billion in infrastructure assets and has made over 60 infrastructure investments across a range of sub-sectors and geographies. KKR

    By Caroline Calder News
  • 13 Jan
    Spain – Country will produce an estimated 6.705 million tonnes of citrus this season

    Spain – Country will produce an estimated 6.705 million tonnes of citrus this season

    According to the latest estimates, Spain produced 7.045 million tonnes of citrus in the 2020/2021 campaign, i.e. 12.6% more than in the 2019/2020 campaign and 6.2% more than the average of the previous five campaigns, ranking as the fourth-highest harvest. In the domestic market, there was an 11% increase in mandarin consumption.

    Exports until June totalled 3.6 million tonnes, with a value of almost 3,400 million euro, i.e. 7.1% higher than the average of the last five seasons. The commercial balance is very positive, 3,208 million euro, with a coverage rate of 2.1%.

    The Ministry of Agriculture, Fisheries, and Food (MAPA) has made public its forecast for the 2021/2022 citrus campaign. Spain will produce 6.705 million tonnes of citrus, 4 8% less than in the previous season and 2.1% less than the average of the last five years. The greatest decrease in absolute terms will occur in small citrus fruits, and in percentage terms in lemon, which were the types of citrus that had the biggest increase in production in the past season. Grapefruit, on the other hand, will grow significantly, while the volume of oranges will remain stable (+ 0.4%).

    The country will produce 3,511,079 tonnes of oranges, which will account for 52.4% of the total citrus production, and 73% of the oranges produced will correspond to the Navel group. The production of small citrus fruits will rise to 2,083,000 tonnes, accounting for 31% of the total. 51% of the small citrus produced will be clementine.

    According to the Ministry’s forecast, the country will harvest 1,011,458 tonnes of lemons (15% of the total production) and 84,010 tons of grapefruit (1.25%). In addition, Spain will produce 11,197 tonnes of other citrus fruits (including bitter orange), which will account for 0.17% of all citrus production. FreshPlaza

    By Caroline Calder News
  • 13 Jan
    World Citrus Organisation (WCO) presents annual Northern Hemisphere Citrus Forecast

    World Citrus Organisation (WCO) presents annual Northern Hemisphere Citrus Forecast

    The WCO Secretariat has released its annual Northern Hemisphere Citrus Forecast for the upcoming season (2021-22). The preliminary Forecast is based on data from industry associations from Egypt, Greece, Israel, Italy, Morocco, Spain, Tunisia, Turkey, in addition to the United States (based on USDA reports for Arizona, California, Florida, and Texas).

    Philippe Binard, Secretary General of WCO stated: “The Forecast shows that the 2021-22 Northern Hemisphere citrus crop is projected to reach 29.342.000 tonnes, which represents a 1.27% decrease compared to the previous season”.
    Orange production is projected to decrease by 3.45% to a total of 15.485.106 tonnes. A slight decrease is also expected for grapefruit (-0.34%, 946.521 tonnes) and soft citrus (-0.70%, 8.456.112 tonnes) production. Lemon production, on the other hand, is estimated to increase by 5.64% and reach 4.454.327 tonnes. In Europe Union, citrus production is forecasted to experience a 9.35% decrease in Greece, a 7.74% decrease in Spain, and a 2.62% decrease in Italy.

    In the Southern rim of the Mediterranean, production is projected to decrease in Tunisia (-21.97%), remain stable in Egypt (-0.06%), and increase in Israel (+26.63%), Turkey (+21.85%), and Morocco (+5.53%). The citrus crop in the United States is expected to decrease by 11.79% compared to last year.
    Binard added: “WCO has also engaged for citrus with the China’s Chamber of Commerce for foodstuffs (CFNA) and Ministry of Agriculture (MoA) to collect their estimates. This has overall provided an overview of the Northern Hemisphere covering a grand total of 83.2 Mio tonnes of citrus from the Northern Hemisphere for the next season” This is the result of the forecast in China, for an increase in citrus production by 5.23%, reaching 53.900.000 tonnes in the upcoming season.  WorldCitrusOrganisation

    By Caroline Calder News
  • 13 Jan
    Latin America – ADM acquires Latin American ingredient supplier

    Latin America – ADM acquires Latin American ingredient supplier

    ADM has acquired Flavor Infusion International SA, Panama City, Panama, a supplier of liquid and powder flavours, emulsions, beverage systems, juice bases, mixes and other ingredients.  “We’re excited to open up new growth opportunities in Latin America and the Caribbean with the addition of FISA,” said Vince Macciocchi, President of ADM’s nutrition business. “Our nutrition segment has been delivering profit growth of 15% to 20% a year, and our flavours business has been an important driver of that success, with annual sales growth of more than 10%. This acquisition represents another important bolt-on addition as we expand our capabilities in this high-value segment.” Flavor Infusion International has two manufacturing facilities in the region, one in Panama and the other in Colombia.

    This is ADM’s second acquisition in the past few months. In early November last year, the company reached an agreement to acquire Kennesaw, Ga.-based Deerland Probiotics & Enzymes. Deerland is a supplier of probiotics, prebiotics and enzyme technologies. FoodBusinessNews

    By Caroline Calder News
  • 13 Jan
    Africa – Coca Cola HBC completes acquisition of a majority stake in Cocoa Bottling Company of Egypt

    Africa – Coca Cola HBC completes acquisition of a majority stake in Cocoa Bottling Company of Egypt

    Coca-Cola HBC annonces the completion of the acquisition by its wholly-owned subsidiary, Coca-Cola HBC Holdings BV of approximately 52.7% of Coca-Cola Bottling Company of Egypt SAE (CCBCE) from MAC Beverages Limited (MBL) for a cash consideration of USD304 million.

    The acquisition gives Coca-Cola HBC access to the second-largest non-alcoholic ready-to-drink (NARTD) market in Africa by volume, building on existing scale in Africa and increasing Coca-Cola HBC’s exposure to high growth geographies. There is a significant opportunity to leverage Coca-Cola HBC’s proven route-to-market capabilities and 70 years of experience operating in emerging markets to increase penetration of The Coca-Cola Company’s brand portfolio and drive category leadership.

    MarketScreener

    By Caroline Calder News
  • 13 Jan
    South Africa – Alleged lemon juice dumping

    South Africa – Alleged lemon juice dumping

    Makers of lemon juice in South Africa may be slapped with anti-dumping duties by the US, if a petition against them succeeds. Last December, a US citrus juice maker, Ventura Coastal, filed a petition with the United States International Trade Commission, requesting that the US government impose anti-dumping duties on lemon juice from South Africa and Brazil. It alleges that lemon juice from South Africa and Brazil is sold at less than fair value in the US.

    Should the petition succeed and anti-dumping tariffs be imposed, South Africa’s juice processors will be left with a lemon juice glut, Andre Swart, managing director of Venco Fruit, has commented. Venco Fruit is one of the juice makers named in the investigation.

    Lemon-juice makers would not only generate less revenue, but they will have to target alternate export destinations in a world that is already experiencing an oversupply of lemon juice, Swart said. “It means that we will have much less imports in the USA and we have to find other markets for that depending on the duty that they raise eventually,” Swart said. But, he said the world currently has an excess of lemon juice. The US trade commission expects to deliver its determinations on the lemon juice anti-dumping probe this month. FreshFruitPortal

    By Caroline Calder News
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