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nestle invests chf 500 million in coffee projects
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the nescafé plan contains a set of objectives which will help nestlé further optimize its coffee supply chain. in addition to the chf 200 million invested over the past ten years, nestlé will invest chf 500 million in coffee projects by 2020. this includes an investment of chf 350 million for the nescafé plan and chf 150 million for nespresso. the rainforest alliance, an international non-governmental organization, will support nestlé together with other partners of the sustainable agriculture network (san) and the coffee association, 4c, in meeting the nescafé plan objectives related to farming. over the next five years, nestlé will double the amount of nescafé coffee bought directly from farmers and their associations, eventually purchasing 180,000 tonnes of coffee from around 170,000 farmers every year. with the support of the rainforest alliance and the 4c association, all directly purchased green coffee will meet the internationally-recognized 4c sustainability standards by 2015. in addition, 90,000 tonnes of nescafé coffee will be sourced according to the rainforest alliance and sustainable agriculture network (san) principles by 2020. under the nescafé plan, nestlé will distribute 220 million high-yield, disease-resistant coffee plantlets to farmers by 2020. this helps farmers to rejuvenate their plantations, thus multiplying the yield on existing land and increasing farmers' income. through partnerships with public and private institutions in a number of countries, including mexico, thailand, the philippines and indonesia, nestlé has already distributed over 16 million coffee plantlets over the past ten years. nestlé is also expanding its technical assistance programmes, in which nestlé agronomists provide advice on farming and post-harvest practices, to over 10,000 coffee farmers a year. the nescafé plan comes on top of the cocoa plan, launched in october 2009, a chf 110 million investment to improve the quality of cocoa which includes the distribution of 12 million high-yield, disease-resistant cocoa plantlets by 2020. nestlé ceo paul bulcke said: "we are proud that nescafé, the world's leading coffee brand, gives its name to this global initiative which creates value across the coffee supply chain, from farmers to consumers to us. creating shared value is an integral part of our business strategy. for a company to be successful in the long term, it needs to create value at the same time for its shareholders and the communities in which it operates." tensie whelan, president of the rainforest alliance, added: "the nescafé plan is about looking ahead, to the future of coffee farming. we see this collaboration as an exciting opportunity to bring sustainability tools to thousands of farmers, including many who have not had the benefit of training and technical assistance."
Source :flex-news-food.com
Date :
30
August
2010
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erisa is the federal law that sets minimum standards for health plans in private industry to protect individuals covered under these plans. \"my wife had a kidney transplant two years ago. when coke cancelled our health care, they cut off her anti-rejection medication. this shows me that coke doesn\'t care about its employees,\" said bill mauhl, a 34-year coke employee, who works in the company\'s production facility in bellevue.
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q\'sai was put up for sale earlier this year by owners daiwa corporate investment, the private equity arm of daiwa securities, and buyout firm polaris capital group. private equity firms carlyle group, unison capital and cvc capital had also shown interest in the deal, sources familiar with the situation told reuters. coca-cola west said it would pay 35.9 billion yen ($421 million) for the equity of q\'sai, and a total of 63.
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the deal is expected to enhance george weston\'s presence in the north american bakery market. the transaction is, however, subject to us regulatory approval. george weston president, w. galen weston, commented: \"i am very pleased to welcome keystone bakeries and the employees of freed\'s, granny\'s and heartland to the weston group. the combination of keystone bakery and weston\'s baking operations in the united states and canada will allow us to better serve our customers in the north american sweet baked goods sector.
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nestlé, the world’s biggest buyer of coffee, will invest more than half a billion us dollars (chf 500 million) in a wide-ranging plan, endorsed by the rainforest alliance, that will address responsible farming, sourcing and consumption across its coffee supply chain. nestlé, which purchases around 780,000 tonnes of green coffee a year, or 10 per cent of the world’s supply, unveiled the nescafé plan in mexico city today.
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‘a carlton, please!’ is a phrase that’s still shouted across every bar in every hotel in australia. the carlton was one of six breweries that united to form the company we know today as cub (foster’s), yet we still call it carlton. this book is about the carlton brewery and the breweries in melbourne that became part of it. it focuses on the people who struggled to develop a quintessential australian beer.
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marie callender\'s is presenting mealtime as a respite from the day\'s worries in a campaign themed \"time to savor\" that portrays the brand\'s products as comfort food. the campaign promotes two new varieties of items which the conagra foods frozen meals brand launched this summer. fresh flavor steamers boast popular cuisines like asian, american and mexican, while bakes tap into consumers\' love of comfort food, albeit with a modern twist.
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review of performance (quarter 2, 2010 vs quarter 2, 2009)the group registered a turnover of rm 1.1 billion, 13.9% higher than the same period last year. domestic and exports, both performed well and contributed to the encouraging second quarter performance. locally, the quarter saw many marketing activities and new product launches leveraging on improved economy and consumer sentiment. overall, the businesses performed well in this quarter with a special mention of nestle liquid drinks and chilled dairy which achieved strong growth.
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* says may seek a partner to join bid for carrefour assets in southeast asia because the company needs financial support to join the bid, its senior finance executive told reporters * says seeking partners is among several options for its plan to bid for the southeast asian operations of the french retailer with estimated value of $1 billion; no further details about the bid * plans to raise investment budget to invest in a tissue paper manufacturing plant in vietnam and expects to realise revenue from the plant by the fourth quarter .
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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