The Glasgow-based roasting company has been sold to one of the largest volume coffee roasting and retailing companies in the world, Germany’s Tchibo, a family owned German food business (Daily Coffee News). Although the net-value of the deal is not made public, it is likely to be worth tens of millions of pounds (heraldscotland.com) who are making estimate looking at Govan-based
Tag: Economy & Sustainability
12 Unusual Uses for Coffee
Have you ever been wondering what to do with unused coffee? To appreciate the value of coffee one doesn’t have to be a passionate coffee drinker. It could be coffee beans, a cup of coffee or even used coffee grounds that can make your life easier when used smartly. Alternative coffee usage can provide you an inexpensive way to complete
Black Twig Borer Beetle Threatens Uganda’s Coffee
Extreme weather conditions in the East African country of Uganda continuously threatening its coffee industry. The drought situation which is expected to bring about a 5% reduction in production this season, is not the only call for concern. With the dry climate, shrinking forest cover have given room for the spread of the black twig borer beetle that has spread
Coffee Capsules Recycle: a Priority for Goverments and Companies
In an effort to fight waste and make better example for environmental friendly steps, the city of Hamburg has announced an all-out ban in the state-run buildings on pod coffee (independent.co.uk). According to Jan Dube, spokesman of the Hamburg Department of the Environment and Energy, the capsules cannot be easily recycled because of the complexity of the packaging which consists
Rwanda to Increase Coffee Production for Economic Growth
Rwanda is the second country after Kenya to export much of its coffee in the EAC Region. For this reason, the president of Coffee Exporters and Processors Association of Rwanda (CEPAR), Pierre Munyura Kamere, sees coffee as a key element to attain sustainable development, reports allAfrica. CEPAR, founded in 2010, has as aims to increase the production, promotion and marketing
Ecom coffee trading reaches $1.9 billion in Italy
Ecom Agroindustrial Corp. is expanding its business in Europe with a new office in Italy, as reported by Bloomberg. The world’s second-largest coffee trader just opened their office in Genoa, according to Guillaume Zbinden, Ecom’s southern Europe coffee manager. Also, the trader hired Davide Rocca from Louis Dreyfus Co. to lead the team in Italy, which is the third-largest coffee
Coffee Price Risks to Rise Up
A poll by Reuters on 11 traders and analysts showed a price increase across the board with arabica and robusta both experiencing harvest related problems. Weather conditions have affected coffee producers in many countries. Fortune reports the El Niño have affected growers in Asia, especially Vietnam. In Uganda, droughts in the south and south western regions are expected to reduce production.
Europe trade slows but Indonesian robusta rises
Physical robusta coffee trade in Europe has begun to decrease during the summer holiday. However, traders said that flows of Indonesian robusta coffee have strengthened after a futures rally and a late start to harvest, as announced by Business Recorder. Since cash trade slowed in Europe and a number of factories were set to shut for a few weeks during
Starbucks invests in Princi, the Italian boutique bakery
On Wednesday 13th July, Starbucks Corporation announced a financial investment and global licensing deal with Princi, the renowned Italian boutique bakery and café. Starbucks, Milan-based Angel Lab and Pekepan Investments, will focus on expanding the number of standalone Princi locations worldwide. In 2017 the corporation will open the first store in Seattle, and then they will open in Shanghai and
The Indian Coffee Crop Yield to Hit the Minimum in 20 Years
The world sixth largest coffee producer, India, depends on its Southern State of Karnataka for around 70% of the country’s total coffee yield. But the severe weather conditions, with high temperatures and low rainfalls hitting the coffee plants at the important flowering stages, are to impact the fruit formation badly hence affecting the overall expected yield; reported Reuters India. The state-run