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Nestlé Building Plant-based Food Facility in China
Project is part of company’s $100 million-plus investment plan to increase Nestlé’s presence in the area.
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CPGs Retool to Get Into the Loop
As manufacturers ramp up sustainability efforts, they are looking at innovative ideas—like TerraCycle Loop, a closed-loop system of reusable containers. But such efforts mean investing in new product designs and packaging lines.
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Nestlé Creates Market for Food-Grade Recycled Plastics, Launches Fund to Boost Packaging Innovation
Nestlé today announced that it will invest up to CHF 2 billion to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.
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Nestlé completes sale of Alcon to Novartis
Nestle yesterday completed the sale of its remaining shares in Alcon to Novartis, representing around 52% of Alcon's share capital, for USD 28.3 billion.
