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Nestle has partnered with Victorinox to produce a pocket knife made from recycled materials.

Victorinox has used recycled capsules of the Livanto espresso by Nespresso to create the limited edition knife.

Both Swiss brands, they have given priority to issues of environmental protection and sustainability in their business practices.

Last year, the company presented the Pioneer Limited Edition, the first pocket knife with a casing manufactured from recycled Nespresso capsules.

This met with such interest that the idea for a 2017 recycled knife has now progressed to the next stage.

The unique knife will be available from July.

Food & Drink Business

Ben & Jerry’s co-founder, Ben Cohen, is calling on Australian consumers to boycott Magnum ice cream, escalating a campaign for parent company The Magnum Ice Cream Company (TMICC) to sell the brand to investors aligned with its social mission.

More than US$23 billion in global CPG value share has shifted from mainstream-priced products to discount and premium tiers, and snacks and alcohol face the deepest cuts in spending intentions, according to NIQ’s Consumer Outlook 2027.

At its AGM on 24 November, SPC Global will ask shareholders to approve a new corporate name, Altiva Global, to separate the listed group from its SPC trading business.