SUBSCRIBE

Breaking News on Industrial Baking & Snacks

Read more breaking news

 

 
Exclusive interview

Beverage market to return to 2008 levels in two years - Krones

By Jane Byrne , 15-Nov-2010
Last updated on 15-Nov-2010 at 12:49 GMT2010-11-15T12:49:41Z

Beverage market to return to 2008 levels in two years - Krones
Beverage market to return to 2008 levels in two years - Krones
Loading the player...

Leading beverage filling and packaging technology company Krones reported a number of drink makers signing on the dotted line at German trade show Brau Beviale last week, and we caught up with executive chairman of the board, Volker Kroneseder, to get the company’s perspective on market growth.

The Krones chairman said there is a definite upturn in the market but he expects that the beverage industry will not get reach the record growth levels of 2008 for at least another two years.

Krones released several new pieces of beverage filling, labelling and brewing equipment at the show, and Kroneseder also spoke about developmental work at subsidiary Kosme, which is focused on providing affordable, higher-end technology for the mid tier brewing sector.

Last month, Krones reported that during the period from January to September 2010, sales rose by 16.1 per cent to reach €1,583m, and that at the end of September, the order backlog, at €923.2m, was €35.4m up on a like-for-like basis.

And, with an equity ratio of almost 39 per cent and net liquidity of €60.4m on 30 September, Krones claims its financial and capital structure continues to be very comfortable, and constitute a healthy foundation for further growth.

Bread hit hard by price wars

Bread is ‘price war casualty’ – FoB director

Bread is one of the biggest casualties of the supermarket price war, as retailers...

food packaging, business, women

How to be a successful woman in the packaging industry

Passion, determination and ambition: all top tips for aspiring businesswomen, say three senior Swedish...

NPD category busters: From ‘Teagurt’ to coffee fruit energy to Milo expansion

NPD category busters: From ‘Teagurt’ to coffee fruit energy to Milo expansion

Jane Barnett

Insights manager for Australia-New Zealand, south east Asia and India,...

USDA WASDE: Wheat supply up but ‘quality issue emerging’ says AHDB

Wheat supply up but ‘quality issue emerging’

Wheat supplies have hit record levels across the globe, but for France and some...

UK gluten-free businesses should storm Europe

Europe is ripe for UK gluten-free businesses

France and other European countries are prime targets for the UK’s established gluten-free (GF)...

Manufacturers are struggling with healthier food calls

Bakeries struggling with calls to cut salt, sugar and fat

Manufacturers of baked goods are reaching a point where calls to cut salts, fats...

Thins in packaged bread could spark growth, Mintel

Can ‘thins’ save a dwindling packaged bread sector?

‘Thins’ have taken off in the US and Canada with bread, bagel and even...

Bread innovation needed amid carb, additive backlash: Mintel

Additives and carb backlash stumps bread innovation, says Mintel

Stephanie Pauk and Pam Yates

Analysts, Mintel

'We will react and respond to any discriminatory measures against Malaysian palm oil,' warns minister

'We will react and respond to any discriminatory measures against Malaysian palm oil,' warns minister

With a recent European resolution calling for tariffs and trade barriers against any palm...

Innova identifies hybrid and moment-centric snack trends

Innova Market Insights identifies hybrid and "moment-centric" snack trends

Snacking is becoming more important to consumers who are seeking out new globally-influenced flavors,...

Bosch Packaging Technology biscuits Interpack

Bosch: Biscuit makers face production challenges in portion control packs

Andreas Schildknecht,

global product manager, Bosch Packaging Technology

OAL debuts APRIL Robotic Weighing Station Interpack

OAL: ‘You don’t need to have robots in cages any more’

Jake Norman,

sales and marketing manager, , OAL

GEA debuts Comas and Imaforni processing lines

GEA debuts Comas and Imaforni processing lines

Marco Gandini,

VP, head of bakery applications, , GEA

Treofanphthalate-free packaging and mineral oil barriers

Treofan turns to phthalate-free packaging films and mineral oil barriers

Jürgen Schischko

Technical service director, Treofan

Braskem packaging changes color if a product is unfit for consumption

Braskem packaging changes color if a product is unfit for consumption

Marcia Pires

polymer science researcher , Braskem

Mettler-Toledo Safeline metal detection systems

Mettler-Toledo Safeline debuts four enhancements on its metal detection systems

Mettler-Toledo introduced four enhancements on its Safeline metal detection systems at Interpack.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...