Newsbytes

Coke releases annual environmental report
The Coca-Cola Company announces the release of its 2006 Environmental Performance report, documenting the company's ongoing commitment to sustainability. Results were reported in three principal areas of environmental responsibility: water stewardship; sustainable packaging; and energy and climate protection. READ MORE>>

Testing the validity of nutrition labels
In these days of epidemic obesity, diligent consumers are reading the nutrition labels on packaged foods, but apparently they're the only ones doing so regularly. READ MORE>>

Food recalls lead to drop in U.S. consumer confidence
In the wake of numerous product recalls, only 66 percent of shoppers feel confident in the safety of the food they purchase at the grocery store, a drop from 82 percent the year before, a Food Marketing Institute study found. quot;You don't see drops in confidence that large, that quickly, that often,quot; says Tim Hammonds, CEO of FMI. READ MORE>>

Amcor sells European PET business
Packaging company Amcor Ltd. is selling its European PET business to Spanish company, La Seda de Barcelona S.A., for almost $576 million. The deal is expected to be finalized in the third quarter of 2007. READ MORE>>

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Sustainable Packaging: Sainsbury to sell wine in recyclable plastic bottles
Wine will be sold in recyclable plastic bottles instead of glass as part of a supermarket trial. Sainsbury's says the move would cut the weight of wine packaging which in turn reduces carbon emissions. It will initially sell its own-label New Zealand Sauvignon Blanc and an Australian rose in the plastic bottles READ MORE>>

Nestle chairman: Food will keep getting pricier
The use of crops for fuel and increasing food demand from China and India will contribute to a quot;long-lastingquot; period of price inflation for food, Nestle chairman Peter Brabeck said. READ MORE>>

Nano wheels developed for improved food packaging
Wagon wheels developed using nanotechnology techniques could be used to make improved food packaging materials, according to a study published by German scientists. READ MORE>>

Companies meet growing demand for quot;greenquot; packaging designs
More national retail chains are embracing the quot;greenquot; movement—and its byproduct of lowering costs—by seeking out packaging that uses less material, is more recyclable and requires less shipping and handling. Eighty-five percent of consumer business companies in the U.S. are pursuing sustainability initiatives, and the most common involve recycling and energy conservation, a study found. READ MORE>>