Page 59 - Food & Drink Magazine Nov-Dec 2018

✷ JUNE
BURRA FOODS SIGNS CORPORATE PPA
Victorian dairy processor Burra Foods will source up to 90 per cent of its energy from renewable sources after signing a corporate power purchase agreement (PPA).
The Gippsland processor, which specialises in dairy ingredients signed a 10-year deal with Melbourne-based energy retailer Flow Power.
The renewable power will be sourced from Ararat Wind Farm, and is expected to deliver
annual savings in
excess of 20 per cent. It can also be used in real time to
offset grid electricity consumption.
Burra Foods said it required an energy
solution that would support its
production schedule,
improve its energy
efficiency and provide price certainty. During peak periods, it can receive up to 1.5 million litres of fresh milk for processing every day.
MEAL KIT COMPANY ANNOUNCES IPO Meal kit company Marley Spoon raised $70 million through an initial public offer on the Australian
Stock Exchange.
The subscription-
based meal company
listed on the ASX in July under the ticker MMM, with a market capitalisation of $200 million.
The meal kit category is fast growing as consumers seek greater convenience, but not at the cost of meal quality, and many companies have moved into the market, including HelloFresh and Thomas Farms Kitchen.
Marley Spoon began in Germany and opened in Australia in June 2015, and in March this year launched a budget version of its service called Dinnerly.
The company says most of the funds raised by the IPO will be used to support the continued growth of Marley Spoon’s existing and potential customer base.
BIG BEVERAGE UNITES AGAINST SUGAR
The big names in Australia’s non-alcoholic drinks companies united and pledged to cut the sugar in their products by 20 per cent by 2025.
The Australian Beverages Council, the peak body representing the non-alcoholic beverages industry described the commitment as historic, said the pledge applies to all categories of non-alcoholic drinks represented by its members.
Coca-Cola South Pacific, Coca-Cola Amatil, PepsiCo, Asahi Beverages and Frucor Suntory all agreed and the products covered by the pledge include carbonated soft drinks, energy drinks, sports and electrolyte drinks, frozen drinks, bottled and packaged waters, juice and fruit drinks, cordials, iced teas, ready-to- drink coffees, flavoured milk and flavoured plant milks. Australian Beverages Council CEO Geoff Parker said Australia’s non-alcoholic beverage industry was serious about supporting healthier lifestyles.
WOOLWORTHS PROFITS FROM ALCOHOL SALES The Woolworths Group profited from more than half of the money spent on packaged alcohol in Australia. Of the $15.5 billion alcohol market in
Australia, nearly
75 per cent is purchased in Australian supermarkets, according to the Roy Morgan Alcohol Retail Currency Report.
Woolworths Group holds
50.1 per cent of the total amount spent on packaged alcoholic beverages in an average week.
The report is based on interviews with 3650 adult Australians who recently bought packaged alcohol, and covers the purchase of all alcoholic beverages for off-premise
share-of-market for Woolworths Group, up 1.2 per cent in the 12 months to March 2018.
RUBY CHOCOLATE DEBUTS IN AUSTRALIA
A new variety of chocolate, billed as the fourth variety of chocolate after milk, dark and white, officially reached Australia. Called Callebaut Ruby RB1, it was discovered more than a decade ago in
Brazil.
The ruby chocolate
YEAR IN REVIEW
ON THE COVER
IMCD
INSIDE 2018/2019INDUSTRYDIRECTORY WWW.FOODANDDRINKBUSINESS.COM.AU IMCD FOOD &
Functional food ingredients and solutions for the Australian market.
IMCD
Local knowledge combined with global expertise for customer-focused solutions, formulations and advice.
IMCD6097 Frontcover_02RG.indd 1 19-05-16 16:13
JUNE 2018
NUTRITION:
was the work of consumption. Barry
Woolworths Group (including Woolworths, Dan Murphy’s and BWS) increased its market share of
the alcohol retail market by 1.5 per cent in the 12 months to March 2018. Dan Murphy’s had the biggest increase of
Callebaut’s
global research and development
centres in Belgium and France, and
the Jacobs University in Bremen,
Germany. RB1 owes
its colour and taste solely to the
PROCESS and FACILITY DESIGN
Scaling up Australia’s start-ups and mid-tier food manufacturers
AUSTRALIA - NEW ZEALAND
WWW.RMRPROCESS.COM
T: (03) 9023 9130
www.foodanddrinkbusiness.com.au | November-December 2018 | Food&Drink business | 59
PRINT POST APPROVED 100005338
How can we help your food business? Call IMCD Australia Limited
on 1300 655 328 or email: imcdfood@imcd.com.au