Coca-Cola: Gold Peak tea ‘rapidly on its way to becoming a $1bn brand’
Coca-Cola’s ready-to-drink iced tea brand Gold Peak is “rapidly on its way to becoming a $1bn brand”, revealed CEO Muhtar Kent in an earnings call yesterday.
Archives for April 16, 2013
‘Significant’ decline in snack cake demand prompts Canada Bread closure
A significant decline in snack cakes over recent years has prompted Canada Bread Company to shut down a Quebec facility, its CEO says.
Runa Tea launches energy drink based on guayusa leaf
Runa Tea, a Brooklyn, NY-based company that introduced line of beverages based on an Amazonian leaf to the US market, has launched an energy drink with an ultra clean label.
Dow AgroSciences unveils new R&D facility at Indianapolis HQ
Dow AgroSciences has opened a new biotechnology research center at its Indianapolis headquarters.
Americans still wary of ‘greenwashing’, including organic labels: Harris Poll
Concern for the environment may be increasing among Americans, but suspicion of corporate ‘greenwashing’ may be slowing their willingness to pay extra for ‘green’ products, including organic, suggests a new survey of 2,276 adults.
Kraft explores potential of crude caffeine in neuroprotective foods, supplements, as new research reveals its ‘unique functional benefits’
A patent application from Kraft shows it is exploring ways to incorporate ‘crude caffeine’ from coffee beans into functional or medical foods, building on a growing body of research that suggests it has neuro-protective effects.