The Coca-Cola Company & Microsoft announce five-year strategic partnership to accelerate cloud & generative AI initiatives

Microsoft Corp. and The Coca-Cola Company announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally. As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities. The collaboration underscores Coca-Cola’s […]

PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar

PepsiCo on Tuesday reported a “high single-digit growth” in its beverage unit volume in the Indian market during the first quarter of 2024. The company’s convenient food business reported a “double-digit growth” in the country during the period, according to a global earnings statement from the food and beverages major. PepsiCo’s net revenue in the […]

Ingredion to tackle increasing formulation challenges in non-dairy cheese at Dairy Innovation Strategies 2024

Ingredion will highlight its formulation expertise, on-trend solutions and collaborative approach to innovation for non-dairy cheese manufacturers at the Dairy Innovation Strategies event. Taking place on April 24-25, 2024 in Copenhagen, Denmark, the conference brings together industry experts to discuss effective approaches to new product development. With retail sales of non-dairy cheese in Europe topping […]

South Africa: Namaqua Wines chooses SIG as preferred carton packaging supplier

Namaqua Wines, one of the largest wine producers in the Southern Hemisphere, has chosen to partner with SIG as its preferred carton packaging supplier for its low alcohol wine selection. This is the first time the Namaqua company has invested in its own filling machine for aseptic carton packs, having previously used a co-packer to […]

PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar

PepsiCo on Tuesday reported a “high single-digit growth” in its beverage unit volume in the Indian market during the first quarter of 2024. The company’s convenient food business reported a “double-digit growth” in the country during the period, according to a global earnings statement from the food and beverages major. PepsiCo’s net revenue in the […]