Coca-Cola System to Invest $1bn in South Africa by 2030
Coca‑Cola’s South African system will invest roughly $1 billion (ZAR 17.6 billion) by 2030, targeting expanded production capacity, stronger distribution and innovation across its value chain. A recent impact study showed the system generated about ZAR 51.2 billion in economic activity in 2024 and supported more than 87,000 jobs, including 7,822 direct positions. Local procurement reached ZAR 25.6 billion, spanning sugar, packaging, transport and marketing. The investment aligns with a $25 million water‑stewardship program and follows Coca‑Cola HBC’s acquisition of a majority stake in Coca‑Cola Beverages Africa.
Amcor Unveils Lightweight UniPak Pot for Dairy Sector
Amcor has launched a redesigned UniPak 1 kg dairy pot that weighs just 31.6 g, delivering up to a 9% reduction in carbon emissions versus the previous model. The new container retains polypropylene’s structural strength while offering a liquid‑tight, compression‑moulded lid and...
Sensient Food Colors Launches Major US Expansion to Meet Shift Away From Artificial Additives
Sensient Food Colors announced a $250 million expansion of its St Louis natural colours facility, dubbed Project Prism. The project adds 28,800 sq ft of specialised processing space to the existing 500,000 sq ft plant, the company’s largest worldwide. The investment also covers supply‑chain upgrades and workforce...
Standing Ovation Secures $34.2m to Scale Precision-Fermented Dairy Proteins
French food‑tech startup Standing Ovation raised $34.2 million in a Series B round, led by Bpifrance and joined by Danone Ventures, to scale its precision‑fermented casein protein platform. The company’s patented process converts whey permeate into high‑value casein, the dominant milk protein...
