News

 

International Flavors & Fragrances to Acquire Frutarom

International Flavors & Fragrances Inc (IFF) and Frutarom announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately USD $7.1 billion.

Mothers Prefer to Drink Coffee or Tea at Home

Mothers are more likely to drink either coffee or tea while at home instead of on-the-go, according to a new Mother’s Day survey from Amora, a subscription-based coffee company in the US.

ICO Reports Growing Divergence Between Arabica and Robusta Exports

In its April Coffee Market Report, the London-based International Coffee Organization (ICO) announced that global coffee exports amounted to 10.81 million bags in March 2018, compared to 10.91 million in March 2017, driven by decreased shipments of Arabica, particularly Colombian Milds.

Starbucks and Nestlé Form Global Coffee Alliance

Starbucks Corporation announced on 6 May that it will form a global coffee alliance with Nestlé SA to accelerate and grow the global reach of Starbucks brands in consumer packaged goods (CPG) and foodservice.

Port NOLA Celebrates Special Tri-Centennial Maritime Month

The Port of New Orleans (Port NOLA) is celebrating its second annual Maritime Month through May and National Maritime Day on 22 May to pay tribute to the region’s rich maritime history and to recognise the hardworking men and women who serve in the industry.

Tea & Coffee Trade Journal