Nestlé

African Cocoa Plants Run Out Of Beans As Global Chocolate Crisis Deepens

Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, mean...

Nestlé Reports Progress Against Net-Zero Goals, Reduces GHG Emissions In 2023

Food giant Nestlé has reduced its greenhouse gas (GHG) emissions by 13.5% in 2023, compared to its baseline year 2018, while continuing to expand it...

Nestlé Invests CHF 80m In Plant-Based Food Factory In Serbia

Swiss food giant Nestlé has invested CHF 80 million (€83.4 million) in opening a new factory in Surčin, Serbia, dedicated to plant-based food p...

Unilever Names Heiko Schipper As President Of Its Nutrition Business

Consumer goods giant Unilever has appointed Heiko Schipper as the new president of its nutrition business unit, effective 1 May 2024.

Sugar Maker Cristal Union Takes Stake In TotalEnergies' Biogas Unit

French sugar maker Cristal Union will take a 10% stake in TotalEnergies' biogas unit BioNorrois due to be launched later this year, which will use sugar be...

Nestlé Invests HUF 300m In Hungarian Factory

Nestlé Hungária is completing a five-year, HUF 300-million investment cycle in its Bük factory with a final HUF 55 million injection for...

Nestlé, Danone See Price Hikes Slowing After Years Of Sharp Increases

Two of the world's top consumer goods companies, Danone and Nestlé, said they will slow price increases in 2024 after two years of hikes that prompt...

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...