Page 2 - Coca-cola

Coca-Cola India introduces 100% recycled PET bottles for carbonated drink

Beverages major Coca-Cola on Wednesday said it has introduced 100 per cent recycled PET bottles for its carbonated beverage supporting the circular economy. The company has introduced recycled PET (polyethylene terephthalate) bottles in pack sizes of 250 ml and 750 ml across several markets in India, said a statement from Coca-Cola India. These rPET bottles are being manufactured by Coca-Cola bottling partners - Moon Beverages and SLMG Beverages Ltd, it added. "The bottles made from 100 per cent food-grade rPET (excluding caps and labels) have an on-pack call to action "Recycle Me Again" message and will also drive consumer awareness with "100% recycled PET bottle" displayed on the pack," it said. These rPET bottles are crafted from food-grade recycled polyethylene terephthalate. The plastic is recycled as per the technologies approved by the USFDA and European Food Safety Authority (EFSA) for food-grade recycled material and repurposed into new PET bottles, reducing the need for .

Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi

Executives said that the deal will be formalised and announced by the end of next quarter

Coca Cola to be official beverage partner for upcoming ICC World Cup

Beverages major Coca-Cola on Friday said it will be the exclusive non-alcoholic beverage partner of the ICC for the upcoming Cricket World Cup. Coca-Cola and The International Cricket Council (ICC) once again teamed up for the upcoming 2023 ICC Men's Cricket World Cup, said a joint statement. "The partnership entails Coca-Cola becoming the exclusive non-alcoholic beverage partner of the ICC," it added. Coca-Cola will use its global reach to connect with fans around the world and inculcate true sportsmanship through a series of online and offline activations. Coca-Cola India Vice President, Marketing, Arnab Roy Said: "We believe that the ICC Cricket World Cup is the biggest cricket event for the country. Partnership with the ICC provides us with a great opportunity to bring together our customers, consumers, brands and cricket". The beverage major plans brand activations with its portfolio, including fan engagements, social media campaigns and promotions to win tickets to the World

Coca-Cola registers Q1 volume growth in India despite 'challenging' summer

Soft drinks major The Coca-Cola Company on Thursday said it has registered growth in the beverage market in India despite having a challenging summer with rains, its Chairman and CEO James Quincey said. In the June quarter, China was affected due to specific local conditions and recovery was slowed in the second quarter. Consumer confidence is below the pre-pandemic level, he added. "In India, business was unfairly impacted because of unseasonal rain and cooler temperature of the quarter. However, the growth remained intact," Quincey said in an earnings call. Inflation is still elevated in some markets and impacting consumers in several geographies, making the consumer to be value-conscious. In some markets, it has started to moderate. "Five of our top 40 markets are currently experiencing over 20 per cent annual inflation," he said. In the June quarter, the company witnessed a growth in the unit case volume in developing and emerging markets like India and Brazil, said an earning

Unfavourable rains impacts Coca Cola's business, growth outlook intact

It also gained value share in total NARTD (non-alcoholic ready-to-drink) beverages led by share gains in South Korea, India, Australia and Thailand

Unseasonal rains made this summer challenging, says Coca-Cola India

Unseasonal rains have made this summer a challenging one for beverages major Coca-Cola India although sales became better as the season progressed, according to Vice President Sundeep Bajoria. The company also believes that consumers will not jump the gun on the issue of the artificial sweetener aspartame, which according to reports may be declared "possibly carcinogenic to humans". The current summer season was "challenging" due to weather changes and drop in temperature. However, the company's performance in the summer season was better when it exited than it entered, said. "It was one of the challenging summer seasons, but we ended better from where we started off," he said on the sidelines of an event organised hereby the Indian Beverage Association. There is no way out of such sudden change in the weather conditions and the country has seen summer rains after every few years, he said, adding the beverage players have to make sure that they are better connected with the ...

Music in a bottle: How Coke Studio Bharat is adding fizz to Coca-Cola

In its second avatar, the property is relying on creativity, technology and data analytics to move the needle

FMCG companies announce sustainable milestones, targets on Environment Day

Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging and harnessing green energy. Homegrown FMCG and ayurvedic products maker Dabur India announced to be a plastic waste positive by collecting, processing and recycling more plastic waste than it sold in its product packaging in FY23. ITC scaled up its sustainable packaging offerings for plastic substitution and announced several measures to reduce the utilisation of plastic across products and businesses -- ranging from its packaging and food to the hotel business. Beverage major Coca-Cola India on Monday announced to launch of new bottles made from completely recycled PET plastic material (rPET) in Andhra Pradesh. "This is the first time in India that any bottle ma

As HCCB plans to sell its bottling business, senior officials bid adieu

The list of officials who resigned includes Neil Comerford who was executive director (ED) of the sales and commercial department, ED, HR Indrajeet Sengupta, among others

Coca Cola, Zepto expand partnership to 'return and recycle' PET bottles

Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'

Sudan conflict threatens supply of key ingredient for Coca-Cola, Pepsi

The capital Khartoum has been brought to a standstill in the fighting that broke out on April 15, paralysing the economy and disrupting basic communications

Coca-Cola sees strong growth in India, chief lauds resilient economy

Coca-Cola also pointed out that the refillables infrastructure takes time to build and said that it has some activity in Africa and India and pointed out that it doesn't change overnight

Coca-Cola beats revenue estimates on steady demand despite price hikes

Average selling prices rose 11% in the first quarter, the company said, while unit case volumes rose 3%

Coca-Cola Company offers to return 35 acres of land to Kerala govt

Multinational beverage firm Coca Cola Company has offered to return 35 acres of land that it possesses at Plachimada in Palakkad district to the Kerala government. Juan Pablo Rodriguez Trovato, Chief Executive Officer of the Hindustan Coca Cola Beverages Private Limited, sent a letter to Chief Minister Pinarayi Vijayan informing him the company's decision to hand over the property and the building there to the state, a CMO statement has said. The ruling Left front has already begun negotiations to release the land for a proposed farmer producer organisation (FPO) to be launched soon under the leadership of farmers. The beverage manufacturer was finally ready to transfer the land at the outset of the negotiations held under Power Minister K Krishnankutty, it said. The company also offered to provide technical assistance for the construction of a demo farm for the farmers there, the CMO added in a late evening release on Thursday. Coca-Cola closed down its unit at Plachimada in Marc

Coca-Cola India acquires a minority 15% stake in Hashtag Loyalty

Beverage major Coca-Cola India Ltd has acquired a minority 15 per cent stake in Hashtag Loyalty, which owns the food ordering platform Thrive. This move will help Coca-Cola to get benefitted from Thrive, which has a partnership with over 12,000 restaurants across India. Hashtag Loyalty is an associate of the country's leading QSR chain operator Jubilant FoodWorks Ltd (JFL), which has the master franchise rights of leading brands such as Domino's Pizza, Dunkin' and Popeyes. "Hashtag Loyalty, an associate of JFL, has entered into a securities subscription agreement dated April 17, 2023, with Coca-Cola India (New Investor) pursuant to which the new investor has acquired 15 per cent stake in Hashtag," JFL said in a regulatory update. Hashtag has raised the capital at a pre-money valuation of Rs 104.68 crore, it added. After this said transaction, JFL's stake in Hashtag has reduced from 35 per cent to 29.75 per cent. In October 2021, JFL had announced the acquisition of a stake in Has

Coca-Cola to buy minority stake in food delivery platform Thrive: Report

The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

Bullish on Indian market, continuing to invest via partners: Coca-Cola

Global beverages major The Coca-Cola Company is bullish on the Indian market and is continuing to invest in the country through its partners, the company's President and Chief Financial Officer John Murphy said on Monday. India's rapid progress in infrastructure, electrification and digitisation offer a long runway ahead for the economy to grow and it fosters confidence, he said at a media round table here. A lot of development has taken place in urban and rural India, which has created an emerging middle class, ensuring growth for many years to come, he said. "When you have an economy growing, our industry typically benefits from economic growth," he said. "For us, there are tremendous ingredients to the growth equation that we are developing. And to manage growth, you have to invest. We are fortunate to have partners in India who believe in the opportunity they have and are investing in infrastructure and people," he noted. A lot of investment is underway through franchise bottl

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

A person with direct knowledge of Reliance's plan said it aims to open some factories of its own or as joint ventures to make Campa, and take the soda to hotels, restaurants and in-flight sales

Top headlines: Reliance begins price war, ONDC forays into mobility segment

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Cola war looms as Campa returns; distributors fear for their margins

In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana