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Cost, cynicism and frustration: Malaysian government launches own palm oil standard

The Malaysian government has launched its own sustainable palm oil certification standard – but will this add to or detract from sustainability and transparency efforts in the sector?

Bend baijiu like Beckham: Diageo talks up Chinese turnaround but sales keep falling

Diageo chief Ivan Menezes today talked up the company’s turnaround plan for ‘challenged market’ China – where the company is betting on Beckham-backed Haig Club whisky and lower-cost baijiu -...

MULTINATIONAL INSISTS IT VALUES 'OPEN AND FAIR' SUPPLIER RELATIONS

‘Broken big business ethics’: Diageo attacked for extending supplier payment terms

A UK-based small business lobby today attacked drinks giant Diageo for extending payment terms to new suppliers from 60-90 days under what the former claims is the cover of a...

BEVERAGE BITES: 19/01/15-23/01/15

Refresco Gerber under hammer for $1.7bn, Coke splashes cash on London Eye

Here’s what made the headlines during the working week commencing Monday January 19 2015, in our new section Beverage Bites, which brings you the best bite-sized beverage news.

Durum shortage drives German firm to find pasta alternatives

Massive predicted durum wheat losses have driven German firm to research alternative formulation options for pasta manufacturers.

Parmalat set to acquire regional Italian dairy Latterie Friulane

Parmalat has agreed to acquire Consorzio Cooperativo Latterie Friulane for around €11.5m (US$13.7m) in the hope of reversing the regional Italian dairy's recent downturn.

Feed industry outlook for 2015

As 2014 draws to a close, we seek out the opinion of manufacturers, suppliers and US and EU trade representatives to determine how next year might play out for the global feed sector....

HAPPY CHRISTMAS 2014 FROM BEVERAGEDAILY.COM!

Caught in the headline headlights! Top 10 BeverageDaily.com stories of 2014

As voted for by you the readers - effectively - and checked by us on Google Analytics, here are our Top 10 most read news stories of 2014 – from...

EU scrutinises Mondelez-Douwe Egberts Master Blenders coffee deal

The European Commission has opened an in-depth investigation of Mondelez International’s proposed $5bn joint venture with competitor coffee firm Douwe Egberts Master Blenders 1753.

FAO: Global food prices have stabilised – for now

Global food prices have stabilised after several years of volatility, according to the Food and Agriculture Organisation (FAO).

Supermarket price wars squeeze more food firms into bankruptcy

The number of UK food companies entering bankruptcy is up 28% this year compared to 2013, according to research from accountancy firm Moore Stephens.

CEO ALAN CLARK INSISTS SOFT DRINKS CENTRAL TO SAB GROWTH STRATEGY

SAB Miller sells Appletiser to Coke in $260m deal as firms ink Africa bottling mega merger

The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales...

Top 10 bestselling UK chocolate brands

Mondelez wins with share bags but Mars suffers after downsizing

Mondelez’s Cadbury Dairy Milk continues to solidify its lead as the UK chocolate market’s bestseller, but sales slide for Mars bar and Snickers following downsizing, according to market analysts IRI....

“This is a good move for Raisio. They are the correct parent of this niche brand.”

Raisio brings cholesterol-lowering Benecol home for €90m

“J&J should have sold it 10 years ago,” is one analyst’s appraisal of Finnish agro-food giant Raisio’s buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today,...

Not so sweet? Honey Monster cereal value to plummet €10m

Raisio will reduce the book value of Honey Monster cereal by €10m – a move that comes just weeks after its multi-million brand revamp of the product.

Coca-Cola Hellenic keen to take Monster Energy to ‘big markets’ like Russia

Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales. ...

Dairy Crest to sell dairy assets to Müller in £80m deal

Dairy Crest has agreed to sell dairy assets, including its fresh milk business, to British rival Müller UK & Ireland for £80m (US$127.5m, €102m).

Special K global rebrand set for 2015

Kellogg will overhaul Special K next year to pull the failing brand away from its weight management focus, the company CEO says.

Unilever ‘confidence stronger than ever’, says analyst

Unilever management has never sounded so confident – despite sluggish sales growth, says Shore Capital analyst Darren Shirley.

‘Too early to declare victory’ with Coca-Cola Life: Coca-Cola Enterprises

Coca-Cola Enterprises (CCE) says it is too early to ‘declare victory’ with stevia-sweetened cola Coca-Cola Life after September launches in Britain and Sweden.

Coke's capitulation to the 'new normal', and could a newly graduated MBA run the business? Analysts unpick Q3 2014

Coke appears to be capitulating to the ‘new normal’ operating environment by lowering its revenue and volume growth targets, according to one financial analyst, while disaffected investor David Winters claims...

Coke's Net Income FELL 14% to $2.12bn in Q3 2014 ending September 26

Still waters run deep...and Coke eyes ‘value-added dairy’ growth potential

The Coca-Cola Company CEO Muhtar Kent will today identify value-added dairy as a top target category for still beverage retail value growth through to 2020.

News in brief

Warburtons donates £10,000 to youth charity

UK bread major Warburtons has pledged £10,000 ($15,900) to a youth charity project focused on driving employment.

News in brief

Glanbia clinches Isopure deal

Glanbia has completed its acquisition of US sports nutrition firm The Isopure Company on schedule.

Commodity reports: European Commission

EU cereal harvest to hit 2014 record

The EU cereal harvest will hit record levels this year, driving higher than average exports, says the European Commission (EC).

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