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World Wine Output To Fall To Lowest In 60 Years

World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major Europea...

Elopak Reports 'Strong And Profitable' Growth In Third Quarter

Packaging firm Elopak has reported 4% year-on-year growth in revenue to €283.5 million in the third quarter of its financial year.

Ball Corporation Misses Quarterly Sales Estimates On Slowing Demand

Ball Corporation missed third-quarter sales estimates, hurt by slowing demand for its beverage cans and business disruption at one of its largest customers...

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on the Or...

Smurfit Kappa Says Decline In Box Demand Continues To Slow

Smurfit Kappa has said that a decline in demand for its boxes slowed further in the third quarter, while it saw tentative improvements in its German order...

Global Brewers Reap The Rewards As Drinkers Pay More

Global brewers like Anheuser-Busch Inbev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlik...

Nestlé Has Cut Virgin Plastic Packaging By 10.5% Since 2018

Food giant Nestlé has reduced the use of virgin plastic packaging by 10.5% since 2018 and is on track to cut the use of the material by a third by t...

Carlsberg Sweden Invests In Carbon Dioxide Recycling Plant

Carlsberg Sweden has invested in a new carbon dioxide recycling plant, which it says will help the brewer meet around 40% of its carbon dioxide requirement...