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ALFT

Sri Lanka’s ALFT Packaging builds new flexo force in South Asia

For ALFT Packaging Company chairman Lakshman De Fonseka, the official opening of the company’s new state-of-the-art flexo packaging production plant in August in Kotugoda, Sri Lanka, marked a return to his technological roots. It...
Tetra Pak

Tetra Pak invests to further boost recycling across EU

Tetra Pak announced several strategic investments designed to level up the recycling capacity for carton packages in the European Union (EU). The move supports the goals of the proposed EU Packaging and Packaging Waste...
ITC

ITC invests in two manufacturing facilities in Madhya Pradesh

Indian conglomerate (ITC) recently announced an investment of Rs 1,500 crore in Madhya Pradesh to set up an integrated food manufacturing and logistics facility and a sustainable packaging products manufacturing facility at Sehore. The...
vegan

Vegan food company Fairfood packages powdered oat drink

German vegan food brand, Fairfood, has selected Sonoco’s paper end Greencan packaging solution for its powdered oat drink. The company manufactures and distributes Fairtrade, healthy, vegan and nut-based foods and snacks. Its products include: hand-roasted...
VRO

VRO Hospitality raises $10m in Bridge Round

VRO Hospitality, an F&B fine dining chain, has announced the closure of a $10 million bridge round in funding in a mix of equity and debt. This round was led by Axis Bank and...
Nespresso

Nespresso invests US$ 20 million to revive specialty coffee in the Democratic Republic of...

Nespresso is investing US$ 20 million in the Democratic Republic of Congo (DRC) to revive specialty coffee by 2026. This investment will cover coffee purchases, price premiums, technical assistance, community projects as well as support to...
pancake

99 Pancakes launches Prayagraj outlet

99 Pancakes, a QSR chain specializing in the pancakes segment, has expanded into Uttar Pradesh with a franchise outlet in Prayagraj, formerly known as Allahabad. The QSR outlet will be operated on a franchise-owned...
Adani

Adani, Wilmar may sell stake to private equity firms: report

The Adani Group and Wilmar International plan to sell part of their stake in FMCG giant Adani-Wilmar – known for its Fortune brand of edible oils and packaged grocery products –  to private equity (PE)...
Nestlé

Nestlé Vietnam invests $100 million in coffee factory 

Nestlé Vietnam has announced a US$ 100 million investment to increase production capacity of its Tri An coffee factory, located in the southern province of Đồng Nai. This will help the company meet growing...
ICRISAT

ICRISAT offers financial aid for ag-tech startups

The Agribusiness Incubator (ABI) of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has launched a second call for applications from eligible ag-tech startups under the National initiative for developing and harnessing...
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