Browse Tag

nestle

Nestlé Explores Emerging Technologies for Cultured Meat

2 mins read

The FINANCIAL — To understand the potential of future meat alternatives, Nestlé is closely monitoring scientific trends and exploring emerging technologies. The company is evaluating innovative technologies to produce cultured meat or cultured-meat ingredients with several external partners and start-ups. Such novel technologies can lead to more environmentally friendly products, Nestlé notes. For example, scientists at Nestlé Research in Lausanne are working with Future Meat Technologies, a leading cultured-meat start-up, to explore the potential of cultured-meat components that do not compromise on taste or sustainability. Future Meat Technologies’ novel and cost-efficient proprietary technology can produce non-GMO cultured-meat components from animal cells,…

Read More »

Nestlé Explores Emerging Technologies for Cultured Meat

2 mins read

The FINANCIAL — To understand the potential of future meat alternatives, Nestlé is closely monitoring scientific trends and exploring emerging technologies. The company is evaluating innovative technologies to produce cultured meat or cultured-meat ingredients with several external partners and start-ups. Such novel technologies can lead to more environmentally friendly products, Nestlé notes. For example, scientists at…

Take a Plant-Based Break – Vegan KitKat is Here!

3 mins read

The FINANCIAL --After much anticipation, Nestlé is finally making plant-based dreams come true with the launch of KitKat V. The new vegan version of the iconic KitKat will be on shelves from mid-June in the United Kingdom, Poland, Estonia, Latvia and Lithuania. Further countries will soon follow, including Australia and Brazil. KitKat V will be available…

Nestlé supports reskilling drive in Europe

3 mins read

The FINANCIAL -- The job landscape in Europe is undergoing significant change, meaning that many workers are looking to learn new skills that will help them get in-demand jobs.…

Nestlé’s New Pea-Based Milk Alternative is Epic in Everything

4 mins read

The FINANCIAL -- With plant-based diets growing in popularity, more people are turning to alternatives to milk for their daily cereal, latte, desserts, baking or cooking.However, it's very difficult to find one great plant-based milk alternative for every use. Most cereal-, nut- or pea-based milk alternatives have a specific taste, are low in protein, or…

Nestlé scientists discover unique low carbon and drought resistant coffee varieties

4 mins read

The FINANCIAL -- With the company committed to achieving net zero emissions by 2050, Nestlé last year published a roadmap laying out how it will achieve the goal. Reducing the carbon footprint of key agricultural raw materials such as cocoa, milk and coffee, will play a vital role, Nestlé notes.…

Nestlé to help protect and restore forest landscapes in Southeast Asia

2 mins read

The FINANCIAL -- Nestlé announced its support for the protection and restoration of over 500,000 hectares of tropical forest landscapes in Southeast Asia through the launch of Rimba Collective, the largest private sector forest conservation initiative.…

Smarties becomes the first global confectionery brand to switch to recyclable paper packaging

2 mins read

The FINANCIAL -- Nestlé announced that its popular Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. This represents a transition of 90% of the Smarties range, as 10% was previously already packed in recyclable paper packaging. Smarties is the first global confectionery brand to switch to recyclable paper packaging, removing…

Nesquik, Ricoré and Chocapic Bio now available in reusable containers

2 mins read

The FINANCIAL -- Nestlé announced that it will offer reusable containers for Nesquik cocoa powder, Ricoré chicory and coffee drink, as well as Chocapic Bio cereals in partnership with the French retailer Carrefour and Loop – a global circular company. This is the latest result of Nestlé's efforts to reduce packaging through the use of…

Focusing on regenerative agriculture and moving to renewable electricity, Nestlé redoubles efforts to combat climate change

6 mins read

The FINANCIAL -- As a signatory of the UN 'Business Ambition for 1.5°C' pledge, Nestlé is one of the first companies to share its detailed, time-bound plan and to do so ahead of schedule. The company is taking measures to halve its emissions by 2030 and achieve net zero by 2050 – even as the company…

Nestlé Purina launches first cat litter in refillable jug

2 mins read

The FINANCIAL — Nestlé Purina is launching the first cat litter in a durable and refillable container in the U.S. The Tidy Cats LightWeight Free & Clean cat litter is available via Loop, a global shopping platform for foods and household goods aimed at eliminating waste through the use of reusable and refillable packaging. Cat owners have the…

Changes in Nestlé’s Executive Board

3 mins read

The FINANCIAL — Patrice Bula, Head of Strategic Business Units, Marketing, Sales and Nespresso, and a member of the Nestlé Group Executive Board, will take a well-deserved retirement at the end of February 2021. Patrice Bula has had a long and distinguished career of over 40 years at Nestlé. He has worked in various positions…

Nestlé Purina launches pet food with plant and insect proteins

2 mins read

The FINANCIAL — Nestlé Purina is launching pet food that builds on alternative proteins to make better use of the planet’s resources. The new line includes insects as well as plant protein from fava beans and millet. Purina Beyond Nature’s Protein will first be sold in Switzerland from November. Veterinarians and nutritionists at Purina have put…

Nestle acquired meal delivery company

4 mins read

The FINANCIAL — Nestlé announced that it has acquired Freshly, one of the leading fresh-prepared meal delivery services in the U.S.. The deal values Freshly at USD 950 million, with potential earnouts up to USD 550 million contingent to the successful growth of the business. This transaction was signed and closed on October 30, 2020. Founded in 2015, Freshly delivers a…

Nestlé and the Alliance for YOUth will create 300 000 new jobs

2 mins read

The FINANCIAL — The COVID-19 pandemic has had a huge impact on society and especially on young people. Youth unemployment is again on the rise. In the Middle East and North Africa for example, almost one out of three young people is unemployed. Efforts are needed now more than ever to support young people and…

Nestle Purina announced $550 mln investment to build new factory in Ohio

1 min read

The FINANCIAL — Nestlé Purina PetCare announced a USD 550 million investment to build a new factory in Ohio, United States, to meet increasing demand for its high-quality, nutritious pet foods. The Williamsburg Township location will join Purina’s network of 21 existing manufacturing locations across the United States and be the company’s first new factory built from…