Nestlé U.S. invests in regenerative agriculture practices in DiGiorno wheat supply chain
The Coca-Cola Company and bottling partners create sustainability-focused venture capital fund
- In Latin America, The Coca-Cola Company and Arca Continental have invested in leading recycled PET processing company PetStar; Coca-Cola FEMSA has invested in IMER and a high-tech PET recycling plant, PLANETA.
- In the Philippines, Coca-Cola Beverages Philippines and Indorama Ventures invested in PETValue, the largest PET recycling plant in the country.
- In Indonesia, Coca-Cola Europacific Partners and Dynapack invested in the Amandina PET recycled content production facility; in Australia, as part of a cross-industry partnership with Cleanaway, Asahi Beverages and Pact Group, CCEP has invested in PET plastic recycling and production facilities.
- In Europe, The Coca-Cola Company provided Ioniqa with a loan to help develop technology to transform mixed-color, partly contaminated PET waste into clear, food-grade PET.
- CCEP, through CCEP Ventures, has invested in recycling start-up CuRe Technology, which uses polyester rejuvenation to target plastics that cannot be recycled by mechanical recycling methods and prevents them from being incinerated, downcycled or sent to landfill.
- Coca-Cola HBC has invested in in-house rPET production in Italy, Poland and Romania, while implementing a transition to 100% rPET portfolios in Switzerland, Italy and Austria. Similar transitions in Romania and the Island of Ireland are planned for later this year.
- Several system bottlers have issued green bonds, including Arca Continental, Coca-Cola FEMSA and Coca-Cola HBC.
- Swire Coca-Cola has invested in establishing the first food-grade ready plastic recycling facility in Hong Kong.
Uncorking the potential of wine labeling
Opinions sought on proposed additional investigatory powers for UK’s National Food Crime Unit
Arla Foods explores fibre-based caps for milk cartons
ADM acquires Prairie Pulse
ADM, a leader in agricultural origination and processing and supply chain management, has acquired Prairie Pulse, owners of a pulse crop cleaning, milling and packaging facility in Vanscoy, Saskatchewan, Canada.
“Everything at ADM starts with the farmer,” said ADM commercial manager Aaron Brown. “Their success is our success, and we’re excited to strengthen our relationships with Canadian pulse growers through the acquisition of Prairie Pulse.
“We’ll be reaching out to producers about ADM’s unique array of tools and resources to help them manage and grow their businesses – including our access to global markets, our work to create value for sustainable farming practices, and our technology partnerships.”
“This addition also expands our capabilities to meet the needs of our downstream customers, who are increasingly looking at pulses as protein sources for both human and animal nutrition products,” Brown added.
“The enduring global trends of sustainability and food security are powering growth in alternative proteins, and ADM is continuing to invest to ensure we’re at the forefront of meeting those needs.
“We look forward to working with farmers and the great team at Prairie Pulse to expand employment opportunities in Vanscoy and enhance our capability to supply the growing demand for pulse products.”
Prairie Pulse’s operations in Vanscoy – which include origination, 12,000 MT of bulk storage, cleaning, milling, sorting, sizing and bagging – will double ADM’s pulse footprint in the region. The pulse dehulling and splitting facility transforms lentils, chickpeas and peas into shelf- and food-ready products for domestic and international consumption.
“This is an exciting opportunity for Prairie Pulse, our staff, and customers,” said Prairie Pulse president and CEO Allan Wagner.
“ADM is a global leader in agribusiness, transportation and processing, as well as the fast-growing alternative protein sector that our products serve. I’m excited, honored and proud to join the ADM team, whose guidance, strength and leadership will be a tremendous boost to our efforts to maintain, expand and grow our business.”
ADM’s current services and operations in Saskatchewan include pulse origination and cleaning in North Battleford, canola crushing in Lloydminster, oilseed sourcing in Watson, and fertilizer sales and distribution in Lajord and Yorkton.
Treasury Wine Estates to close Victoria winery
Treasury Wine Estates (TWE) has announced changes to its Karadoc commercial winery in Victoria, Australia, meaning the site will close by mid-2024. TWE’s wine brands will continue to be made locally, however.
The company says a number of factors led to the decision including a global decline in commercial wine consumption, rising costs and under-utilised capacity at the site. “Making the decision to close a site is something we take very seriously and is a last resort after we’ve looked at all other possible options. We’re committed to assisting our team members to find future employment and continuing to support the local winemaking industry,” TWE chief supply officer Kerrin Petty said. The Karadoc winery has been in operation since 1973 and currently makes wine for TWE brands including 19 Crimes, Lindeman’s, Wolf Blass, and Yellowglen. These brands will continue to be made with long-standing local TWE winemaking partners Zilzie Wines and Qualia, and at TWE’s Barossa winery in South Australia. The company also plans to divest its commercial vineyards in Lake Cullulleraine (north-west Victoria) and Yankabilly (south-west New South Wales). “We continually review our global vineyard assets to ensure they’re in the best possible places to grow our premium and luxury portfolio,” said Petty. “A number of factors contribute to our shifting vineyard footprint including changing consumer trends and wine preferences as well environmental changes such as higher temperatures and reduced access to water. “This has meant divesting some of our vineyard assets but also looking at opportunities to expand our footprint in new locations for future growth. “Last year we acquired Beenak Vineyard in Victoria’s Yarra Valley, as well as Château Lanessan in Bordeaux, France and we hope to share further updates in this space soon,” he said.