The Coca-Cola Company (NYSE:KO) all set to Release Beauty Drinks

The Coca-Cola Company(NYSE:KO) and Sanofi SA (ADR)(NYSE:SNY) have collaborated to unveil a series of “beauty drinks” under the Oenobiol Beautific brand in France. Although Coca-Cola did not provide specific details, they did state that the drinks will be available in a "small scale pilot” in a restricted number of pharmacies.

The sudden diversification of products from Coca-Cola, which currently holds the No.1 rank as the world’s largest beverage manufacturer, is not too surprising, because there have been certain issues related to the sugar content in drinks. The company is also trying to expand in Europe where the sales are slightly weak as they have shown a 1% growth in the 3^rd quarter. Coca-Cola in Francelaunched Sprite mixed with stevia, a natural sweetener with no calories, some months before. Fanta with stevia was unveiled a couple of years back.

Laboratoire Oenobiol manufactures nutritional supplements for skin and hair care. The company was taken over in 2009 by Sanofi, a Paris-based drug maker. The Wall Street Journal had first reported news of the partnership with Coca-Cola. If the collaboration works out, the four Oenobiol drinks will be manufactured using mineral water, fruit juice and nutrition additives.

The aim behind launching these “beauty drinks” is to promote the idea that drinking these beverages will make skin glow, contribute to loss of weight, strengthen hair and nails, and enhance vitality.

There was trouble in 2009 that led to a lawsuit, involving a similar “weight loss” statement, after Coca-Cola and Nestle launched the green tea drink Enviga, which claimed that the drink would “burn more calories than it contained”. The two companies settled the case with more than 2 dozen states by agreeing to include disclosures to Enviga and products on similar lines that would clearly state the they are not taking credit for weight loss, which can only be achieved via exercise and diet. 

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News Recap: First Solar, Inc. (NASDAQ:FSLR), The Coca-Cola Company (NYSE:KO)

First Solar setting up solar plant in Indonesia

First Solar, Inc.(NASDAQ:FSLR) and PT. Pembangkitan Jawa Bali Services of Indonesia have said that they plan to work together to build a solar power plant to meet the growing energy demands of the country. While financial aspects of the deal were not revealed, what is clear is that it will be a 100 megawatt utility scale plant.

First Solar believes that Indonesia urgently needs cost effective and reliable energy resources and solar power fits the bill perfectly.

Has FSLR Found The Bottom and Ready To Move Up? Find Out Here

For PJB Services, this is the first utility scale photovoltaic power plant. The company has been operating and maintaining only conventional power plants until now. The parent company is PJB, a subsidiary of Perusahaan Listrik Negara.

First Solar shares were up more than 8 percent or $1.84 and closed at $24.09 on Tuesday and now jumped another 5.60% to $25.38.

Coca Cola will launch ‘beauty drinks’ in France

The Coca-Cola Company(NYSE:KO) and Sanofi will together launch a line of ‘beauty drinks’ in France. These will be part of the Oenobiol Beautific brand. Sanofi, a Paris based drug manufacture bought Laboratoire Oenobiol, a company that makes nutritional supplements for skin and hair in 2009.

Coke’s business unit in France said that they would sell these drinks on a small scale pilot to a number of pharmacies. The world’s largest beverage maker however declined to make any comments on the new drink.

Health aspects are very much in the fore these days and people are concerned about consuming sugary drinks. Coca Cola is therefore trying to diversify. Earlier this year, the company had launched Sprite with stevia, a natural sweetener with low calories. A couple of years ago, it had also launched Fanta with stevia.

Coca Cola is struggling to improve its sales volumes in Europe. It has managed to grow only 1 percent in the third quarter.

You have read this article First Solar / FSLR / Inc. (NASDAQ:FSLR) / KO / NASDAQ:FSLR / NYSE:KO / The Coca-Cola Company (NYSE:KO) with the title The Coca-Cola Company (NYSE:KO). You can bookmark this page URL http://calliecountrychatter.blogspot.com/2012/10/news-recap-first-solar-inc-nasdaqfslr.html. Thanks!