12 January 2024
12 January 2024
Each week we bring you a snapshot of the week’s news through data.
A review of the Norfolk facility is underway amid “huge challenges facing our sector”.
“Looking ahead, market volatility and inflation, although slowly easing, will continue to be two key factors for this year” – Bord Bia CEO Jim O’Toole.
Tereos sold its UK site and its business-to-consumer activities to London-headquartered T&L Sugars in November.
The company has attracted new investment, has a new corporate name and is pushing into cheese.
It is described as a “strategic collaboration to introduce emerging consumer packaged goods brands to new customers”.
Doug Behrens joins the US-based breakfast cereal start-up as CEO from snack maker KIND.
The companies and professional associations face a collective fine worth around $21.5m.
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In 2022, the soft drinks sector held the largest non-alcoholic beverages packaging market share, while the hot drinks sector is forecasted to register the fastest growth during 2022–27. Rigid plastics are usually a preferred choice in the non-alcoholic beverages industry because of their portability, convenience, and lightweight nature that facilitate on-the-go consumption.
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