Swire Coca-Cola’s Post

Swire Coca-Cola is expanding its presence in South East Asia to Thailand and Laos, adding further scale to its portfolio of businesses in Vietnam and Cambodia. The company recently announced it has entered into an agreement with Coca-Cola ThaiNamthip and The Coca-Cola Company, forging a strategic bottling alliance in North ASEAN. Subject to regulatory approvals, Swire Coca-Cola will take a controlling stake in ThaiNamthip’s bottling operations in Thailand and Laos, and ThaiNamthip will take a minority stake in Swire Coca-Cola’s bottling operations in Vietnam and Cambodia. The alliance will increase Swire Coca-Cola’s operating footprint in one of the fastest growing regions in the world. Swire Coca-Cola’s expansion aligns with Swire Pacific’s strategic, long-term plan of continuous investment in Hong Kong, the Chinese Mainland and South East Asia. Swire Pacific already has property and healthcare investments in South East Asia, and this latest agreement will further strengthen and deepen the Group’s presence, signifying its confidence in the region’s immense growth potential. Read the full story here: https://bit.ly/3SEeBS4 #Swire #SwirePacific #SwireCocaCola #SouthEastAsia #Thailand #Laos

The refranchising of Coca-Cola bottlers continues. The Coca-Cola Company and two of its bottlers ThaiNamThip and Swire Coca-Cola to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia TCCC will divest its minority ownership of ThaiNamthip, while Swire will take a controlling stake in ThaiNamthip’s bottling operations in Thailand and Laos, and ThaiNamthip will receive a minority stake in Swire's operations in Vietnam and Cambodia. For the world's largest Soft Drinks company the deal is focused on Strategic expansion in Asia and its push to: - strengthen its key bottlers giving them broader coverage/ scale - improve in-market execution further leveraging the local expertize - while offloading profitability-diluting bottling business from its operations. #strategy #cpg #fmcg Frederic Fernandez & Associates

So beautifully simple

Sharing Innovative ad campaign from Coke - 'Coke Hands'. It's refreshing to see brands pushing boundaries and creating memorable experiences. This Creative campaign showcases the power of thinking outside the box and delivering unforgettable experiences. CokeHands #Innovation #Advertising"

Carlsberg Malaysia released its 2023 Integrated Annual Report (IAR) on March 22nd. Themed "Brewing Excellence and Sustainability," the report showcases the company's commitment to creating value alongside environmental responsibility. The IAR aligns with the latest guidelines, following both the 3rd edition of Bursa Malaysia's Sustainability Reporting Guide and the Value Reporting Foundation's integrated reporting framework. This year's report goes a step further, incorporating scenario analysis aligned with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Additionally, the statement is reviewed and assured by internal auditors as part of the company's commitment towards transparency and data integrity 👏 “In 2023, our brewery transformation journey continued with modernisation, innovation, and decarbonisation as we navigated the year with a strong focus on premiumisation and integrating environmental consciousness into every aspect of our operations,” says Stefano Clini, Managing Director, Carlsberg Malaysia. Read the full press release: http://cb-g.co/bZL And download the report: http://cb-g.co/bZK #CarlsbergMalaysia #IntegratedAnnualReport2023 #BrewingExcellenceandSustainability #TCFD

Carlsberg Malaysia reported a 6.3% decline in revenue to RM2.3 billion, while net profit increased by 5.1% to RM333.2 million for FY23 compared to FY22. The lower performance is mainly due to the shorter timing of CNY last year, and consumers pulled back on discretionary spending.   The Board of Directors is pleased to recommend a final dividend of 31 sen per share, subject to the shareholders’ approval at the upcoming 54th Annual General Meeting. Upon approval, this will bring the total declared dividend for FY23 to 93 sen per share.   “We have planned capital expenditure (CapEx) of RM92 million for a new canning line and filtration system to provide greater production flexibility and lower environment footprint. This expansion marks another milestone in our ‘Brewery Transformation Journey’ as we strive to build a more innovative, resilient, and sustainable business,” says Stefano Clini, Managing Director, Carlsberg Malaysia.   Read more: https://lnkd.in/dDvBHJBS #CarlsbergMalaysia #Results

The nearer, the better. Relocating part of the business to a neighbouring country may not be the one-size-fits-all solution against geopolitical disruptions, but it provides a sustainable alternative for a resilient supply chain. The Dominican Republic serves as a major transit point between North, South and Central America and across the Caribbean. During the pandemic, Mondelēz International, the global snacks and beverages company, initiated 'Project Near', directly importing products from their origin country to avoid container shortages and shipping bans. Explore how our interconnected network of services, infrastructure, and technologies supported Mondelēz in facilitating a smooth logistics operation, in our 'Transforming Trade' article with Custom Content from WSJ: https://lnkd.in/eupX-zUW

Enhancing PepsiCo's Production and Logistics Safety, Efficiency and Accuracy with Dematic's Automated Storage and Retrieval System

📢 We're excited to announce the launch of our new Skills & Technology Adoption Readiness (STAR) course: Formulating Plant-Based Meat Products. During the opening of SP's new Future Food Lab (FFL), Mirte Gosker discussed the various trainee programs with our academic and industry partners, aimed at developing local talent in the alternative protein sector.   In this course, offered by Food Innovation and Resource Centre (FIRC) Singapore, we will equip participants with the knowledge and skills to create plant-based meat products using appropriate ingredients with added nutritional properties that meet consumer demands for quality, taste, and convenience, while meeting regulatory requirements. The course is designed with a solution-based focus to address common challenges manufacturers face regarding the complexity of formulation and ingredient optimization to match the sensorial qualities of real meat and fish 🥩🐟.   Register now and join us in shaping the future of sustainable foods!: https://lnkd.in/gnmkTemw #plantbasedmeat #alternativeprotein #sustainablefood #futureoffood #foodinnovation #plantbasednutrition #foodtechnology #foodscience #sustainability

Coca-Cola Icecek opens fourth beverage production plant in Uzbekistan To date, The Coca-Cola Company operates three other plants in Uzbekistan, located in Tashkent, Urgench, and the Namangan region. 👉Details — https://lnkd.in/de8CbsDe #CocaCola #BeverageProduction #Uzbekistan #Expansion #Manufacturing #Investment #EconomicDevelopment #LocalEmployment #IndustryGrowth #BusinessExpansion