The Lay’s and Cheetos maker has earmarked a substantial investment in the Southeast Asia island nation over a 10-year period and has broken ground for a new snack factory in the West Java town of Cikarang.
PepsiCo has voiced its 'disappointment' in Indonesian food giant Indofood's decision to withdraw from the Roundtable of Sustainable Palm Oil (RSPO) certification scheme ‘with immediate effect’. Indofood had cited ‘extreme disappointment’...
Nestlé announced it closed its joint venture with the Indofood Group last month, while PepsiCo reiterated its stance to not source palm oil – either directly or indirectly – from the company and its subsidiaries, purportedly linked to deforestation and...