AGP Executive Report
Last update: 10 hours agoAsia Expansion: Samyang Foods is nearing completion of its first overseas factory in Jiaxing, China, where sales are forecast at 700–800 billion won this year, making the country its largest overseas market. Corporate Moves: PepsiCo plans about 1,000 North American job cuts amid weak beverage volumes, while Nigeria’s Champion Breweries proposes a new listed parent to support its broader African beverage business. Packaging and Trade: Greece approved a deposit-return scheme for bottles and cans. JBS reported pressure from China’s import quotas and pork oversupply in Q3, even as North American beef improved. Investment: Mars plans $1.4 billion in U.S. manufacturing and operations in 2027; Carlsberg agreed to sell Britvic Brazil for €80 million.
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