Not exact matches
The tax, announced in March 2016, has already cut sugar content in
drinks by 45 million kg per year, Britain's Treasury
said, as over 50 percent of
manufacturers have reformulated their products to be below the levy's sugar threshold.
The cost - cutting comes as Big Food
manufacturers have found their legacy brands pressuring by a consumer trend toward foods and
drinks they deem healthier, a trend executives
say will only accelerate over time.
However, a co-operative of water and soft
drink bottlers has condemned the decision,
saying the acquisition will make it more difficult for smaller
manufacturers to secure private - label contracts or space on supermarket shelves.
«As the industry representative for energy
drink manufacturers and distributors in Australia, we work closely with Australian regulators and authorities and support evidence - based research»
said Geoff Parker, CEO of the Australian Beverages Council.
This is simply not the case and as
manufacturers of the product with an intimate knowledge of the supply chain and what it costs to produce a can or bottle of
drink, members both large and small tell me the price has to rise»
said the Beverages Council's CEO, Mr Geoff Parker.
The industry is already in a state of contraction and any further stress on
manufacturers, including small and medium companies, through a
drink container tax will cost jobs»
said the Beverages Council's CEO, Mr Geoff Parker.
Sustainability efforts made by some of Europe's leading food
manufacturers slashed CO2 emissions from manufacturing operations by more than half in 2016 compared to a 1990 baseline,
says the Food and
Drink Federation (FDF).
The Royal Society for Public Health (RSPH) welcomes the Soft
Drinks Industry Levy
saying that it has successfully encouraged
manufacturers to reduce sugar in their products.
The artisan food boom continues to fuel profitability of SME (small and medium size enterprise) food and
drink manufacturers, evidenced by the success of craft brewers and gin distillers,
says commercial law firm EMW.
Dembitzer also
said that FDA's changes are pushing many
manufacturers and ingredient suppliers to innovate with sugar alternative sweeteners, a topic still relevant despite drops in sugary fizzy
drinks and the rise of water sales.
In February, DuPont / Chemours, a former major
manufacturer of PFOA, agreed to a $ 670 million settlement in a federal class - action lawsuit in Columbus, Ohio, that was filed on behalf of approximately 3,550 people who
said they were afflicted with diseases as a result of PFOA contamination of their
drinking water.
Some alcoholic
drink manufacturers have already begun to introduce nutritional labelling, which suggests there is no commercial disadvantage in such a move,
says Sim.
«The paper straw had a slow death throughout the 1960s and into the 1970s,»
says David Rhodes, manager of Aardvark Paper
Drinking Straws, a paper - straw
manufacturer that traces its roots to Stone's original product.