Cream Liqueur sees growth with new players, more flavours

Cream liqueur is experiencing renewed growth in Nigeria, spurred by increased interest by consumers, particularly women. It is a favourite of women because it is a type of alcoholic spirits for people More »

Modular building technology firm sees growth opportunities in various sectors as economy recovers

Lange & Grant, an integrated projects development company with a complete in-house assembly line facility to produce large scale insulated sandwich panels, made with polyurethane foam for commercial projects said that the More »

Category Archives: Soft drinks

FG weighs placing excise duty on soft drinks

soft drinks

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the Federal Government is considering placing excise duties on carbonated soft drinks in order to boost its revenue base.

Ahmed said this on Thursday on the sidelines of the World Bank/International Monetary Fund meetings taking place in Washington DC, United States.

FBRA appoints Executive Secretary to deepen commitment towards a sustainable recycling economy

Agharese (Arese) Lucia Onaghise, Executive Secretary, Food and Beverage Recycling Alliance

The Food and Beverage Recycling Alliance (FBRA) has announced the appointment of Agharese (Arese) Lucia Onaghise, as the Executive Secretary of the Alliance to drive its ambitious goal towards building a sustainable recycling economy for food and beverage packaging waste in Nigeria.

Onaghise will drive the various campaigns and initiatives of FBRA as a Producer Responsibility Organisation (PRO) to fruition, with her wealth of experience. This would further strengthen the recovery of food and beverage packaging waste in compliance with the Extended Producer Responsibility (EPR) policy of the Federal Government.

Coca-Cola produces first recycled plastic obtained from waste in the ocean

recycled plastic coke bottle

The Coca-Cola Company has produced what it says are sample PET bottles of discarded plastics obtained from the oceans.

According to the company, a sample 300 PET bottles were produced using 25% recycled plastic collected from beaches in Spain, Portugal and the Mediterranean.

The soft drinks giant said that the bottles are the result of a partnership it has with Ioniqa Technologies, a clean-teach spinoff from the Eindhoven University of Technology in the Netherlands, Indorama Ventures and Mares Circulares (Circular Seas).

PepsiCo records sales growth in Q3 amid profit decline

PepsiCo

PepsiCo, Inc reported a 16% decline in profit for the third quarter of 2019 to $2.1bn, driven by increased spending on advertising as well as administrative expenses, which climbed by 8.59%.

The New York-based firm said that the increased ad spending did help boost sales by 4.26% to $17.1bn from $16.5bn.

Beta Glass on track to complete $30m capacity expansion investment in Nigeria in June 2020

glass furnace

Beta Glass Plc, announced on Thursday that the $30 million investment to expand its furnace capacity at its plant in Agbara, Ogun State is on schedule to be completed in June 2020.

When it becomes operational next year, the new furnace will increase the plant’s annual capacity by 35,000 tons and pioneer use of the Narrow Neck Press and Blow (NNPB) Technology in West Africa, enabling Beta Glass to bring lighter weight, non-returnable glass bottles to market in Nigeria for the first time.

NBC delivers multi-million euros education and water projects to Kano State as part of CSR initiative

NBC logo

The Nigerian Bottling Company (NBC), the sole bottler of Coca-Cola products in Nigeria and a subsidiary of Coca-Cola Hellenic Bottling Company Limited (CCHBC) has inaugurated several education and water projects in Kano State.

According to a Memorandum of Understanding (MoU) the firm signed with the state, the completed projects will benefit over one million people living around the area where the company has its operations.

NBC gets global Water Stewardship recognition

coca-cola-bottling-plant

The Nigerian Bottling Company (NBC) Ikeja plant has received the Alliance for Water Stewardship (AWS) Gold Certification Award.

The company received the award in recognition of its responsible use of freshwater in a socially, economically and environmentally beneficial way.

Lagos Cocktail Week returns

drinks - lagos cocktail week

Africa’s largest cocktail experience is almost here again! Lagos Cocktail Week 2019 (LCW) is set to take place from October 16th-October 17th 2019.

The first Lagos Cocktail event held on October 2014 as a week-long event known as The Lagos Cocktail Week (“LCW”).

FBRA partners Transusers, Lagos State Government to rid Agege of plastic waste on World Clean-up Day

FBRA

The Food and Beverage Recycling Alliance (FBRA) partnered Trashusers, a plastic waste collection organisation and Lagos State government in ridding Agege community of plastic waste as part of its strong commitment to environmental preservation during this year’s World Clean-up Day.

The clean-up exercise focused on cleaning drainages, streets and the major canal in Agege was held on September 21, 2019, this year’s World Clean-up Day. It resonates FBRA’s resolve in intensifying awareness on waste separation for recycling and measures of curbing environmental pollution caused by food and beverage packaging waste.

Coca-Cola HBC buys Italian mineral water and sparkling beverage firm, Lurisia

coca-cola hbc logo

Coca-Cola Hellenic Bottling Company (HBC), which bottles Coca-Cola products in Nigeria and 27 European countries, said it has reached an agreement to acquire Italian mineral water and sparkling beverages firm, Lurisia for €88 million euros ($97 million).

According to the company, the purchase was made with the global bottling group, The Coca-Cola Company (TCCC) and would allow it to add Italian premium brands to its portfolio which already includes iced teas and plant-based drinks.