Mooala Collects $8.3 Million In Series Funding Round, Aims For Expansion

Reportedly, dairy-free beverages manufacturer Mooala has finalized an $8.3 Million Series A funding round as the company intends to speed up the product development. The round was carried by Sweat Equities with input from many investment companies and family offices, counting series seed lead financier M3 Ventures. Both M3 Ventures and Sweat Equities…

McCain To Invest $60.6 Million In Expansion Plan In Canada

Allegedly, McCain Foods (Canada) plans to invest $60.6 Million (CAD 80 million) in a potato specialty manufacturing line at its unit in New Brunswick, Canada. This expansion will facilitate the company to fulfill the rising customer demands and reinforce its potato processing existence across North America and Canada. The new production facility will…

Alpla Enters Into HPDE Recycling With New Two Attainments

Recently, Austrian packaging producer Alpla expanded its recycling operations with its takeover of two Spanish recycling firms, Replacal and Suminco. This purchase marked Alpla’s breakthrough in HDPE (high-density polyethylene) recycling. Both firms are controlled by a Spanish family-managed enterprise and offer over 35 Years of experience in production of HDPE recyclates. Up to…

Big Companies In Beverage Industry Team Up To Support A Novel Initiative

The announcement of an environment-friendly proposal named “Every Bottle Back” was recently done by a collaboration of 3 major companies namely PepsiCo, The Coca-Cola Company, and Keurig Dr. Pepper. In an attempt to make this initiative successful and as a part of a circular economy drive, these companies are collaborating with The Recycling…

Ceres Appeals Food Companies To Conserve Water, Use Resources More Capably

Reportedly, non-profit organization Ceres is calling on top food companies to take on stronger measures to decrease the demand and impact on restricted water resources. In answer to the impacts of climate change having extraordinary stress on water resources, Ceres has appealed that food firms take action to conserve water. During its third…