Coca-Cola Beverages Philippines Inc. confirmed on August 30th that it had suspended operations in four of its plants amid the problems in refined sugar supply.
Malaysia – MSM secures US$69 million contract with Coca-Cola to supply 148,000 tonnes refined sugar [Full subscriber]
MSM Malaysia Holdings, through its wholly-owned subsidiary, MSM Prai Bhd (MSM Prai), has secured an MYR290 million (US$69 million) refined sugar supply contract with The Coca-Cola Company (Coca-Cola), according to local press reports.
Ethiopia – Coca-Cola plans to buy sugar plants to fully secure its sugar need locally [Full subscriber]
The Coca-Cola Company under its subsidiary in Ethiopia has tendered its bid to acquire sugar plant/s the government is about to privatize in the early months of 2020, according to local paper The Reporter.
Coca-Cola and PepsiCo respond to sugar taxes with innovative strategies [Registered]
Sugar taxes imposed by countries including the U.K., Mexico, Ireland, and some U.S. cities were designed to change the behaviour of companies like Coca-Cola Co. and PepsiCo Inc., as well as consumers, but the response from the drink giants has been unexpected, reports Bloomberg.
Philippines – Coca-Cola drops its case against SRA on imports of HFCS [Registered]
The sugar industry, including small farmers, hailed the decision of beverage firm Coca-Cola Philippines to drop its case against the Sugar Regulatory Administration for regulating the importation of high-fructose corn syrup.
Coca-Cola, Ferrero and Bacardi support growers to produce cane sustainably [Registered]
In a perception management drive, several big brands have visibly embarked on sourcing sustainably produced cane for their end products.
Coca-Cola’s PlantBottle produced from sugarcane [Registered]
PlantBottle packaging uses patented technology that converts natural sugars found in cane into the chemical for making PET plastic bottles.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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