Search Results for: ready-to-drink

NGUYEN COFFEE SUPPLY LAUNCHES READY-TO-DRINK COFFEE IN THE U.S.

Nguyen Coffee Supply, a U.S.-based Vietnamese coffee roaster specialising in robusta, recently launched its Ready-To-Drink Coffee based on 100% robusta coffee beans from Vietnam. The first of its kind in the U.S., the no-sugar robusta cold brew will be available on Whole Foods shelves. After studying the RTD coffee market in the U.S. for years, […]

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VIETNAM COFFEE EXPORTS GROW DESPITE PRESSURE FROM GLOBAL UNCERTAINTIES

Although Vietnam is currently under pressure from rising inflation in key markets and global uncertainties, the country still managed to post record-breaking coffee exports in 2021/2022. Statistics from the General Department of Customs show that Vietnam exported 1.42 million tonnes of coffee in the first ten months of this year, up 10.8% from the same

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WESTROCK COFFEE REPORTS STRONG GROWTH, BUT HIGHER LOSSES IN Q3 2022

Westrock Coffee Company, an Arkansas-based integrated coffee, tea and extract services provider, has reported its financial results for the third quarter that ended on 30 September 2022. Sales increased 27% to a total of $230.3 million. Growth in single-serve coffee volumes and green coffee price increases were the main drivers of the improvement. However, a

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WESTROCK COFFEE HELD CEREMONY FOR NEW RTD COFFEE ROASTING FACILITY

Westrock Coffee Company, based in Little Rock, Arkansas, announced that it held a ceremony in Conway, Arkansas, for its new state-of-the-art ready-to-drink (RTD) coffee roasting facility. When fully operational, the 524,000-square-foot production facility will be the largest ready-to-drink (RTD) coffee roasting facility of its kind, according to Westrock. Several key company figures attended the event

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RIVERVIEW APPROVES BUSINESS MERGER WITH WESTROCK COFFEE HOLDINGS

Riverview Acquisition Corp, a publicly traded acquisition company, announced that Riverview shareholders approved the proposed merger with Westrock Coffee Holdings, LLC (“Westrock Coffee”), a provider of integrated coffee, tea, flavour, extract and ingredient solutions, at a special meeting of shareholders held Friday. A total of 24,469,389 shares of common stock, or 78.3% of the issued

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STARBUCKS Q3 RESULTS BEAT ESTIMATES, BUT IT’S NOT THE CAPUCCINOS!

Analysis Starbucks is performing well in key markets, with the exception of China, where the world’s largest coffee chain is having to rethink its strategy due to poor results. But as anyone who follows TikTok’s army of Starbucks influencers can attest, it’s not the cappuccinos or the flat whites that attract customers; it’s the cold

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DIVERSIFICATION SEEN AS KEY TO FUTURE SUCCESS AT COSTA

Being big helps if you’re a coffee chain dealing with the impact of pandemic lockdowns. Costa should consider themselves fortunate therefore, that they sold to Coca Cola in January 2019 for £3.9bn, shortly before COVID struck, which would have strained the balance sheet of Whitbread, the previous owners. As Coca Cola released their annual results

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