Tag: PepsiCo

PepsiCo sued by New York state over plastic pollution

New York state sued PepsiCo on Wednesday, pointing to the soda giant’s plastic waste as a scourge of waterways and blasting the company’s “misleading” statements on the environment. The civil suit, filed by New York Attorney General Letitia James in the state Supreme Court, seeks a finding that PepsiCo contributed to a “public nuisance” in the Buffalo River; the imposition of financial penalties and compensatory damages on the company; and an order that PepsiCo cease […]

Coca-Cola to sell soda in 100% recycled plastic in US

NEW YORK, United States (AFP) — Coca-Cola will soon begin selling sodas in completely recycled plastic in the United States for the first time, the beverage giant said Tuesday. The initial items will be introduced this month in a group of states that includes California and Florida, for items such as Coke and Diet Coke in 13.2-ounce bottles made from 100 percent recycled plastic. The company — which has been named a top plastic polluter […]

PepsiCo to buy SodaStream for $3.2 bn

NEW YORK, United States (AFP) – PepsiCo said Monday it plans to buy SodaStream, an Israeli maker of carbonation products, for $3.2 billion as the beverage and snacks giant makes further inroads with in-home goods. The cash deal will see PepsiCo pay $144 per share for SodaStream’s outstanding stock, a 32 percent premium over its average price of the past 30 days. SodaStream offers consumers “the ability to make great-tasting beverages while reducing the amount […]

PepsiCo brings back aspartame as diet cola sales fizzle

NEW YORK, United States (AFP) — PepsiCo said Monday it is putting aspartame back into some diet beverages in the United States, just a year after pulling the artificial sweetener from its products over consumer concerns about safety. “Consumers want choice in diet colas, so we’re refreshing our US lineup to provide three options that meet differing needs and taste preferences,” a PepsiCo spokeswoman, Gina Anderson, said in an email to AFP. The move comes […]