Reborn Coffee's new award winning design coffeeware (photo provided)
BREA, Calif., USA – Reborn Coffee Inc., a leader in the specialty coffee industry, today announced the launch of its latest patented coffeeware, starting with the highly anticipated Reborn Tumbler. This innovative, IF Design Award-winning product marks the beginning of a global rollout that is expected to drive significant growth and position Reborn Coffee at the forefront of the industry.
The Reborn Coffee Tumbler, created exclusively for Reborn Coffee, was designed by Mr. Gu in collaboration with his design brand, Nooof. This innovative design, which earned the prestigious IF Product Design Award, seamlessly blends functionality and style in an eco-friendly tumbler, reflecting Reborn Coffee’s dedication to sustainability and quality.
“Our new Reborn Tumbler sets a new fresh standard in the coffeeware industry, blending innovative design with environmental responsibility,” said Jay Kim, CEO of Reborn Coffee. “This is just the beginning of our journey to lead the market with groundbreaking coffeeware products that will be distributed globally.”
Reborn Coffee is targeting key markets with this launch, including the U.S., China, and Southeast Asia, collectively representing a combined population of over 2.3 billion people. In addition to these regions, Reborn Coffee plans expand distribution across the rest of the globe, reaching billions more consumers. The Reborn Tumbler is expected to lead the charge as it rolls out across Reborn Coffee’s global locations.
In addition to the Reborn Tumbler, Reborn Coffee will continue to introduce new, patent-driven coffeeware products that reflect the company’s dedication to innovative design and quality for distribution globally. This launch is just the beginning of Reborn Coffee’s expansion into a new era of design leadership in coffeeware.
The Reborn Coffee’s Tumbler and additional coffeeware products will be available soon on our online e-commerce platforms and through our B2B partners. Be sure to get a first look at these exciting new offerings as they launch across the U.S., China, Southeast Asia, and beyond.
ABIDJAN, Côte d’Ivoire – Cocoa prices have made headlines this year. On the London futures market, the price of the DEC-2024 contract increased by nearly threefold from £2,741 per tonne at market close on 2 October 2023 to £8,218 per tonne on 19 April 2024 (Figure 1).
The cocoa market review by Icco
Subsequently, after a period of great volatility, the price of this contract moved sideways within a range from £5,000 to £5,700 per tonne. While some farmers enjoyed higher revenues, those who operated in regulated markets were unable to do so, as farm gate prices were fixed for the entire season.
On 11 September 2024, Ghana officially opened the 2024/25 season announcing a fixed farm gate price of 48,000 cedis per tonne. Later, on 1 October, Côte d’Ivoire opened the new season setting a fixed farm gate price of 1,800,000 CFA Francs per tonne (1).
Some observers were surprised by these price levels. They probably expected them to be higher and more aligned with the current prevailing market conditions. To shed some light on why the Conseil du Café-Cacao (CCC) and the Ghana Cocoa Board (COCOBOD) set these specific prices, it is important to take a step back and remember that these institutions regulate their domestic market system with a self-financing price stabilisation policy, i.e., at no cost to the taxpayers, whose objectives are:
– to protect farmers from intra-season price volatility (i.e. establish a fixed farm gate price); and
– to give farmers a fair share of the price that buyers will pay to source beans from Côte d’Ivoire and Ghana (i.e. enforce the fixed farm gate price).
To achieve these goals, the CCC and COCOBOD sell one year in advance export licences and forward contracts, respectively, for the current season. Then, at the opening of the new season, each institution announces the fixed farm gate price. This price is made up of two components (i) about 60% of the average price paid for these export licences and forward contracts – hereafter referred to as instruments – for the upcoming season; and (ii) the Living Income Differential of $400 per tonne which was established by the Côte d’Ivoire and Ghana Cocoa Initiative.
At this point, it is important to clarify (i) what is the basis for the price negotiation of these instruments; and (ii) why these instruments are negotiated during the previous season but executed in the current one.
What is the basis for the price negotiation of these instruments? It is important to recall that futures contract prices summarise market participants’ expectations on the availability of exchange-certified beans at specific exchange-designated locations when they expire. Therefore, the prices of futures contracts maturing during the 2024/25 main season – DEC-24, MAR-25 and MAY-25 – will form the basis for negotiating the prices of these instruments.
Why are these instruments negotiated during the previous season but executed in the current one? Several factors make it impractical to negotiate and execute these instruments during the respective season. First, Côte d’Ivoire and Ghana produce just over half of the world’s production. It would therefore be a formidable challenge for the CCC and the COCOBOD to negotiate, sell and complete the due diligence process on these instruments in a very short period of time. Secondly, the industry establishes production plans well in advance to cope with peaks in consumption (i.e. Halloween, Christmas, Valentine’s Day and the Easter period).
Therefore, securing the physical supply just before the opening of the season is very risky and probably not logistically feasible, considering that the first consumption peak is expected within one month from the opening of season (Halloween) and the next peak is only two months afterwards (Christmas).
A supposition could be that the CCC and COCOBOD still decide to set the fixed farm gate price on the basis of the limited number of instruments they managed to sell just before the opening of the new season. Under these conditions, a subsequent declining price trend will reduce the value of any instruments in the process of being negotiated. So, taxpayers’ money will be needed to support the farm gate price previously established when prices were higher.
After having clarified these aspects, let us try to retrace the steps used by the CCC and the COCOBOD to determine the fixed farm gate prices for the 2024/25 season.
Caution should be exercised in the interpretation of the following steps as they are just guidelines. The training, professionalism and versatile nature of the trading team of CCC and Cocobod enable them to also apply certain technical and other marketing strategies during their sales activities. No one knows these additional strategies due to market confidentiality. Moreover, sales are very often undertaken based on the needs of the industry.
LUXEMBOURG – JAB today announced that it agreed to acquire Mondelez ’s 86 million shares in JDE Peet’s for €25.10 per share. Additionally, JAB has distributed shares of JDE Peet’s to more than 70 limited partners of JAB Consumer Partners (JCP), significantly increasing the free float of JDE Peet’s. This is the final distribution of JDE Peet’s shares to JCP investors.
In aggregate, JAB distributed 43 million shares, representing 9% of the total issued and outstanding share capital of JDE Peet’s, increasing the free float to 32%.
Following the aforementioned transactions, JAB’s stake in JDE Peet’s will have increased to 68%.
“These transactions represent a major milestone for JDE Peet’s, which is now a more widely held blue chip company,” said Joachim Creus, JAB Managing Partner, Vice Chairman, and CEO.
“JAB has strong conviction in the resilience of the global coffee sector and the long-term value creation prospects of JDE Peet’s. We are fully committed to remaining an anchor shareholder of the world’s leading pure-play coffee and tea company.”
About JAB
JAB is an investment holding company that invests in insurance and consumer-focused industries with attractive long-term dynamics, including strong growth prospects, attractive margin and cash flow characteristics, and proven resiliency.
JAB is the anchor shareholder of Keurig Dr Pepper Inc., a leader in the North American beverage industry, and Krispy Kreme, Inc., a global leader in freshly delivered doughnuts. JAB is also the controlling shareholder of Coty Inc., a global leader in beauty, and JDE Peet’s, the world’s leading pure-play coffee and tea company.
Together with JAB Consumer Partners, JAB is the controlling shareholder of National Veterinary Associates, one of the world’s largest animal care services platforms; Independence Pet Holdings, a leading provider of pet insurance in North America; Pinnacle Pet Group, a leading provider of pet insurance in Europe; Panera Brands Inc., one of the largest fast casual restaurant companies in the United States, which includes Panera Bread, Caribou Coffee and Einstein Bros. Bagels; Pret A Manger, a global leader in the ready-to-eat fresh food market; and Espresso House, the largest branded coffee shop chain in Scandinavia.
AMSTERDAM, The Netherlands – JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, today announced the appointment of Rafael (Rafa) Oliveira as Chief Executive Officer and stand-in Executive Director. Rafa Oliveira’s appointment is expected to take effect on 1 November 2024.
Rafa Oliveira brings extensive global FMCG leadership experience to JDE Peet’s. He joins after 10 years at The Kraft Heinz Company, where he successfully drove growth, innovation and sustainability initiatives, and developed business leaders while serving in various executive roles, including EVP and President of International Markets (EMEA, APAC and LATAM).
“I am thrilled to welcome Rafa to JDE Peet’s. His deep understanding of global markets and consumers, strategic acumen, and proven performance in the consumer sector is complemented by a passion for innovation and team development,” said Peter Harf, Chairman of the Board of JDE Peet’s.
“With Rafa’s appointment, the company is now entering a new and exciting phase. I am confident in Rafa’s ability to deliver against our strategic priorities and drive consistent performance across top-line, profitability, and cash flow whilst creating value for all stakeholders.”
Rafa Oliveira will be based in Amsterdam. His appointment follows a thorough search process initiated by the Board in April. Rafa Oliveira’s appointment as CEO is subject to receipt of his work permit in The Netherlands, and his formal appointment as Executive Director is subject to shareholder approval at the company’s next Annual General Meeting of Shareholders on 19 June 2025.
“It is truly my honour to take the helm of this storied company,” added Rafa Oliveira. “With more than 270 years of history, JDE Peet’s is an innovative company with an unmatched portfolio of iconic brands and products, allowing us to unleash the possibilities of coffee and tea to drive long-term value for shareholders and other stakeholders. I am excited to collaborate with the talented team and people at JDE Peet’s, who have built a remarkable company poised for profitable growth.”
Peter Harf and the Board also thanked Scott Gray for leading the company with excellence as interim CEO alongside his responsibilities as CFO, pending the appointment of a permanent CEO. Scott Gray will work with Rafa Oliveira to ensure a seamless transition and onboarding.
On the occasion of this announcement, JDE Peet’s reaffirmed that, considering its performance in the first nine months, the company is on track to achieve its 2024 outlook
Rafael (Rafa) Oliveira, a Brazilian national who has also worked and lived in the United Kingdom, Australia, and Hong Kong, has extensive experience in the consumer space, most recently serving as EVP & President, International Markets (EMEA, APAC, and LATAM) at The Kraft Heinz Company. During his 10 years at Kraft Heinz, Rafa Oliveira also served as EVP and President, UK, Europe, Middle East, Russia, and Africa, and previously, Managing Director for Australia, New Zealand and Papua New Guinea.
Prior to Kraft Heinz, Rafa Oliveira spent 10 years at Goldman Sachs Group, holding a variety of senior leadership positions, including as an Executive Director in the Securities Division in the United Kingdom and the Emerging Markets Division in Hong Kong. Rafa Oliveira began his career in Brazil in the Equity Research divisions at Banco Icatu and Banco BBA-Creditanstalt. He earned an International MBA from University of Chicago and a bachelor’s degree in economics from Pontifícia Universidade Católica de São Paulo, Brazil.
ZUCHWIL, Switzerland – Coffee machine manufacturer Schaerer presents the innovative MilkCheck milk scale in the area of ingredient management for coffee concepts. The compact scale offers continuous monitoring of milk container fill levels and the cooling chamber temperature.
Schaerer presents the MilkCheck
This goes much further than the familiar “low” or “empty” status indicators: The continuous fill level indicator delivers precise, weight-based real-time data on milk supplies allowing operators optimal planning and scheduling of refill processes.
This proactive planning with customisable notifications results in more efficient personnel deployment, saving time and costs. Empty milk containers and lost sales due to coffee machine downtimes are also avoided.
The MilkCheck in detail (image provided)
In addition, “MilkCheck” continuously monitors the temperature of the cooling chamber, contributing to maintaining hygiene standards and ensuring customer safety.
The milk scale can be used with any pack type, such as containers, bag-in-boxes or Tetrapaks. It can also be used for cooling units from different manufacturers. Integrated into the various usage scenarios of Schaerer coffee machines, “MilkCheck” will be presented to the public for the first time at the international trade fair FHA – HoReCa 2024 in Singapore (22 – 25 October, Stand 2G2-08) and at Gulfhost in Dubai (7 – 11 November, Stand Z5-B51).
How many coffee machines need to be replenished? Where are they positioned? How many staff members are available to service them? Are the machines to be used for self-service by guests or for operation by the staff? “MilkCheck” allows operators to respond with precision to their individual needs and on-site conditions, avoiding unexpected bottlenecks.
To achieve this, you can freely select the fill level at which an advance warning is issued. For example, a message can be generated as soon as the milk supply falls below 0.5 litres.
When connected to the Schaerer Coffee Link digital solution, users have further evaluation options by accessing the current actual milk level value as well as low and empty messages. This information can be issued on any end device, supporting proactive and data-based operational management.
As well as container fill levels, “MilkCheck” also continuously monitors the temperature in the cooling chamber: If the defined temperature limit is exceeded, speciality coffee dispensing can be automatically blocked, ensuring the quality of the beverages and the safety of consumers.
Compatible with different cooling units
“MilkCheck” is suitable for retrofitting and is compatible with different cooling units, meaning customers can also use it with existing equipment, including from other manufacturers. Due to the dimensions of the milk scale (W x D x H: 156 mm x 290 mm x 16.5 mm), the under-counter cooling unit with 2 x 10-litre containers (EU approval) from the Schaerer range is an ideal option.
Anyone wanting to use “MilkCheck” together with the Schaerer Twin Milk System for supplying two different types of milk or vegan plant-based drinks will need two scales. This means the fill level of each container can be monitored separately. Minor adjustments may be required for coolers from other manufacturers. This may include openings for the milk hoses and the cable for the scales, as well as the installation of a CAN node.
A bonus for sustainability
Schaerer’s “MilkCheck” offers a solution that not only increases efficiency in daily operations, but also contributes to sustainability. By closely monitoring milk consumption, operators can calculate their needs more accurately and reduce waste. In addition, the free choice of container permits the use of environmentally friendly packaging options. In developing “MilkCheck”, Schaerer is responding to the increasing requirements for flexibility, efficiency and sustainability in the out-of-home market and is once again underlining its commitment to innovation, customer benefit and sustainability.
Scotsman Ice in partnership with the European Bartender School (image provided)
MILAN – In the world of bartending, ice is far more than just frozen water. It plays a critical role in crafting the perfect cocktail. From temperature control to dilution and presentation, understanding why ice matters in bartending is essential for professional success. That’s why Scotsman Ice announces its partnership with the European Bartender School (EBS), the most important bartender academy, with more than 24 schools in the world.
The importance of ice in cocktail making
Ice serves three key functions in cocktail making: cooling, dilution, and presentation. Without the right ice, even the best cocktail recipe can fall flat: different ice shapes for different cocktails
Scotsman: innovating ice for bartenders
At European Bartender School, they believe in giving their students the best tools to help them succeed in the world of professional bartending. That’s why they’ve chosen to partner with Scotsman, a brand synonymous with innovation and quality in ice-making technology.
Scotsman’s truncated conical shape ice
One of Scotsman’s signature innovations is their truncated conical-shaped ice, which is engineered to maintain structure without crumbling during the mixing process. This design reduces unnecessary dilution, ensuring the integrity of the drink.
The shape also allows the ice to adapt to different types of glassware, making it a versatile choice for any bar setup.
How pure ice elevates cocktails
High-quality ice isn’t just about appearance—it’s about the purity of the water used to make it. Ice that’s free from impurities like minerals and gases melts more slowly, which means less dilution and a longer-lasting cocktail. Scotsman’s ice is known for its clarity and purity, which elevates both the taste and look of the final product.
Using pure ice enhances the overall cocktail experience by ensuring the drink stays cold and flavorful.
Minerality and Total Dissolved Solids (TDS): Water with a high TDS content can create cloudy ice that melts faster, leading to over-dilution. Scotsman’s ice machines spray technology helps to remove these impurities, ensuring crystal-clear cubes that look as good as they perform.
Why they chose Scotsman at EBS
At EBS, they strive to provide the best learning environment for aspiring bartenders, and having the best equipment is part of that commitment. Scotsman’s reliable and consistent ice production ensures that their students are always working with top-tier ice, helping them master the craft of cocktail making.
● Clear, solid, and consistent ice: Scotsman machines produce ice that is clear and pure, with low mineral content, resulting in cubes that melt slowly and maintain the integrity of the drink longer.
● Efficient and versatile: Scotsman’s cubes are designed to avoid sticking together, adapting perfectly to various types of glassware. Their ice holds up well during vigorous shaking or stirring, ensuring consistent quality in every drink.
● Clean & safe: Scotsman’s sanitation systems are among the best in the industry, with UV light technology that keeps ice clean and safe by reducing mold, mildew, yeast, and bacteria.
The European Bartender School and Scotsman partnership
Though often overlooked, ice plays a vital role in cocktail creation and is as essential as the spirits and mixers that go into the drink. Thanks to the partnership with Scotsman, every bartender trained at EBS will learn the importance of using pure, high-quality ice to craft cocktails that look great, taste amazing, and stay perfectly chilled.
With Scotsman ice machines in every EBS school, the students are equipped with the best tools in the industry, ensuring they graduate with the knowledge and skills to succeed in any bar around the world. Whether it’s a perfectly crafted Martini or a refreshing Mojito, ice will always be the unsung hero behind every great drink.
TRIESTE – Sandalj Trading Company, Trieste-based gourmet green coffee importer since 1946, is exhibiting at this year’s Triestespresso Expo, currently in its eleventh edition at the renovated Trieste Convention Center, from the 24th to the 26th of October. Three coffee-filled days at stand 17 (hall 28 BIS) with more than 10 different coffees to taste and two workshops in collaboration with Accademia del Caffè Espresso de La Marzocco and BWT Italia.
Tasty new arrivals and two renowned Sandalj Blends
Toscanini and Scarlatti Blend extracted with the Marzocco Strada X, which, with its advanced technology and pressure modulation via paddle, enhances each individual extraction.
Toscanini Blend, reminiscent of the meticulous artistry of Arturo Toscanini, is a symphony of 100% Arabica, with delicate notes of hazelnut cream and apricot, delivering a truly sophisticated coffee-tasting experience. Scarlatti Blend makes for a full-bodied yet balanced espresso, masterfully balancing the vibrant chocolate and marzipan aromas of its 85% Arabica composition, with the delicate body provided by the finest Robusta.
The Sandalj team at Host Milano (image provided)
The Sandalj Arabica offering with truly excellent single origins. Guatemala SHB Teresita hails from the volcanic region of Atitlán, with elegant notes of candied orange and fine dark chocolate, created in 1990 to celebrate the birth of Theresa Sandalj.
Costa Rica SHB La Pastora is reminiscent of Fuji apples and toasted hazelnuts and comes with a delicious caramel aftertaste. Brazil Natural NY2 17/18 Vila Boa with Carbon Negative certification is both good and environmentally friendly. The 180 hectares of native virgin forest on Monica Borges de Sousa’s property allow the farm to achieve a carbon-negative footprint, absorbing more CO2 than the coffee production emits.
Three outstanding microlots from the Traceability Project line will be available daily. The Guatemala Finca la Bella Villa Sarchi single varietal both in espresso and filter, with enveloping notes of nectarine peach and white chocolate.
Kenya, known for its production of bright and intense Arabicas, is contributing the Kiamutuira AA Top, a sophisticated lot with a rich acidity, and notes of redcurrant, candied grapefruit and rooibos tea. Finally, a Caturra grown by Josè Barcenas in Finca El Limon. founded in 1872 and surrounded by two nature reserves in central Nicaragua, just south of Lake Apanàs, it is evocative of sweet wildflower honey and chocolate-hazelnut pralines.
From the Sandalj Excellence gourmet offerings, two lots selected and processed with care and craftsmanship from the Caldas region. Colombia Barrique Amaretto Fermentation and Colombia Barrique Cardamom Fermentation, are produced by washing and fermenting the well-selected cherries, and placing them for fermentation in sealed barrels with aromas of Amaretto and cardamom. These refined and vigorous coffees prove are an unbeatable choice for the most demanding palates, or as finale to a truly gourmet meal.
Last but not least, the Decaffeinato Super Bar Blend, a 100% Arabica blend with delicate notes of cocoa and dehydrated fruit, for the caffeine-averse.
Coffee culture with Sandalj and La Marzocco
Coffee expert Tommaso Baldini from Accademia del Caffè Espresso de La Marzocco, and Sandalj Quality experts Tommaso Bertolini and Federico Pines, will guide you on a sensory journey through different processes and roast profiles, to learn to taste espresso like a pro.
• Friday 25/10 11.00 – 11.30 am
Espresso extractions with different roast profiles
Guatemala SHB Teresita
• Friday 25/10 3.00 – 3.30 pm
Processing comparison – How to enhance your coffees with the Marzocco Strada X
Costa Rica Tarrazù Tirra Washed, Honey and Natural
RHODES, NSW, Australia – Australia’s coffee obsession reaches new heights this summer as Nescafé introduces the country’s first-ever iced coffee café – the ‘Hack Café’. Launching for two days only at Bondi Beach – October 18 and 19 – the coffee hotspot will serve up FREE recipes from Aussie creators and artists including rising star actress and musician Ayesha Madon. Each recipe will be created with the NEW Nescafé Espresso Concentrate – made to pour, mix and hack for the ultimate coffee creativity.
The launch comes as new TikTok data* reveals Australians are leading iced coffee creativity, with over 4,000 recipes shared in the last year, generating more than 100 million views. #Coffee content has surpassed 512 million views overall, including 73 million from the #CoffeeTok community, where Gen Z continues to seek out coffee hacks to refresh their at-home coffee experiences.
The Nescafé Hack-Café menu is designed to inspire coffee creativity at home. The menu has been curated and co-created with some of Australia’s top #CoffeeTok contributors as well as Ayesha, a self-confessed iced coffee fanatic, which comes as she branches out from acting into music, fashion and food.
The Nescafé Hack-Café’ menu will feature four recipes based on the new Nescafé Espresso Concentrates, including Ayesha’s signature creation, ‘Ayesh-ed Pistachio’ alongside Tina Provis’ ‘Strawberry Kisses & Cream’, Tom Smallwood’s ‘Tiramisu Chill’ and Breakfast Shirts’ ‘Call Me Sweetie’ – an iced latte with a sweet and salty twist.
Ayesha Madon says, “Coffee to me is a ritual that’s intertwined with all my daily creative pursuits. It’s the thing that gets me out of bed in the morning and my coffee breaks are often where I have my best ideas and creative resets when working on set or in the studio. So, it’s been so fun experimenting and hacking regular coffee rituals and recipes for the Nescafé Hack Café pop-up in Bondi.”
“I’m always up for trying a hack I’ve seen on social, from the strawberry matcha latte to coffee & tonic, there’s so much you can do with the Nescafé Espresso Concentrates. Come down for a free iced coffee creation at Bondi and share your iced coffee hacks using #NESCAFEColdHacks,” Ayesha continued.
Coffee lovers can enjoy a unique iced coffee experience at the two-day pop-up on October 18 from 10am to 2pm and October 19, from 8:30am to 1pm, located on the iconic Bondi Beach promenade at Dolphin Court.
Nescafé Head of Marketing, Olga Starus, said “We continue to see young coffee drinkers explore their taste preferences in creative and unique ways. With the launch of Nescafé Espresso Concentrates, we hope to inspire coffee lovers to think outside of the box and have fun with their creations. From simple iced coffee hacks to unique combinations, the range is developed to offer convenience with its ready-to-pour design, providing café-quality iced-coffee for less at home. We’re excited to see Aussies ‘Pour It, Mix It, Hack It’ and embrace how versatile our coffee experiences can be.”
Nescafé Espresso Concentrate range is available in two variants: Sweet Vanilla, for a touch of flavour, and Black, for a rich and smooth coffee, now in major retailers nationwide, at RRP $11.
WINDSOR, ON, Canada – NEXE Innovations Inc., a leader in innovative compostable materials solutions, provides shareholders with the following update of their progress over the last 24 months. “We are seeing that compostable packaging is in high demand across nearly every sector of the consumer-packaged goods industry (CPG), with 80% of the 25 largest CPG companies committing to fully recyclable or compostable packaging by 2030¹. We believe that as plastics begin to be phased out, NEXE is well-positioned to address this challenge.
We have undertaken rigorous commercial testing of our NEXE pod over the last 24 months with several customers as we pivoted to our new vertically integrated strategy to targeting business-to-business customers (B2B).
In recent months, we have engaged with multiple companies of varying sizes and are in the final stages of negotiating master manufacturing supply agreements that will cover a series of purchase orders. While the sales cycle can be lengthy, particularly for a startup entering a new market with a disruptive solution, we expect to finalize some of these negotiations shortly.
Our ~54,000 sq. ft. Windsor Facility is operational, with a targeted annual production capacity of up to 500 million Keurig* and Nespresso** compatible compostable coffee pods. Strategically located, the facility provides us access to major markets in the U.S. and Canada. To address supply chain and quality control challenges, we brought key processes in-house, from manufacturing our proprietary resin and major components to the finished product.
NEXE has also invested heavily in infrastructure, allowing us to scale rapidly into new products across different industries. One key strategic decision was establishing an in-house tool shop to work with R&D and collaborating with B2B customers on customized solutions to shorten the product development cycle. The additional benefit of an in-house tool shop also ensures minimal machine downtime.”
Keurig Dr. Pepper, the largest player in North America, recently announced plans to beta-test compostable pods later this year using a new machine that allows consumers to continue to brew plastic capsules as well as this new format², while Nespresso is piloting their own version in select European markets³, says the company. These developments highlight the growing importance of sustainable solutions like compostable materials.
“At NEXE, our extensive R&D has resulted in what we believe is a superior product. We recognized early on that scaling up and achieving cost competitiveness with plastic and aluminum pods was essential. Over the last two years, we transformed our business model to deliver a better product and ensure scalability, mitigate supply chain risks, and compete on price with plastic.”
“We’re proud of the progress we’ve made in the compostable coffee pod industry. While Keurig and Nespresso are just starting to explore sustainable alternatives, these developments highlight the growing importance of sustainable solutions like compostable materials,” said Ash Guglani, President and Co-founder of NEXE.
“By reshoring all operations and bringing every aspect of manufacturing in-house, we have gained a competitive advantage, allowing us to deliver a superior product at a competitive price. As the demand for eco-friendly coffee pods grows, we are confident NEXE will stand out with our innovative and cost-effective solutions—even against plastic.”
*NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Keurig®. Keurig® is a registered trademark of Keurig Dr Pepper Inc.
**NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Nespresso®. Nespresso® is a registered trademark of Société des Produits Nestlé S.A
WAWA, Pa., USA – Wawa has announced the grand opening date and location of its first store in the state of Georgia. The event will include special festivities, ribbon cutting ceremonies, announcements of community partnerships and support for local organizations, and a celebration of everyday heroes with Wawa’s signature “Hoagies for Heroes” initiative.
The opening location and dates for grand opening celebration is as follows:
First Wawa in the State of Georgia 1401 Tallahassee Hwy, Bainbridge, GA 39819 November 14, 2024 Doors Open: 8 a.m. Ribbon Cutting Ceremony: 9 a.m.
“We are thrilled to begin our expansion into Georgia with our first store in Bainbridge,” said Nancy Dulaney, Director of Store Operations.
“We can’t wait to host our grand opening and look forward to bringing our unique brand of fresh food, beverages and convenience to Georgia as we further our commitment to providing our new friends and neighbors with not only a new level of convenience but a strong, committed community partner.”
About Wawa ’s Growth & Expansion in Georgia
Wawa continues to build a pipeline of sites in Georgia and currently has sites under contract in: Brunswick, Jesup, Hinesville, Pooler, Waycross, Bainbridge, Tifton, Valdosta and Albany. Over the next 5-8 years, Wawa plans to build and open 26+ stores in Georgia, opening 3 to 4 stores per year.
To build each store, it will invest approximately $7.5 million and employ, on average, 140 contractors and local partners. Once open, each store will employ an average of 35 associates, with Wawa expecting to create more than 900 long-term new jobs as a result of expansion in Georgia.
