Alcohol companies combat COVID 19 hand sanitizer shortages2 Apr 2020
Amid shortages of the topical disinfectant, both local and international distilleries in the United States are repurposing high-proof ethanol alcohol as branded hand sanitizers and donating it to those in need.
Earlier this month, The Alcohol and Tobacco Tax and Trade Bureau waived portions of the U.S. internal revenue law to permit ethanol-based sanitizer production. Likewise, the Food and Drug Administration (FDA) issued a temporary policy that permits pharmacists and compounders to produce alcohol-based hand sanitizers for the duration of the COVID-19 health emergency. While the intent is to supplement commercial producers that are unable to keep a sufficient supply on shelves, not just any formulation is acceptable. The FDA is strictly regulating the recipe. Hand sanitizer, according to the governmental agency, must contain ethanol alcohol at 80%, glycerol, hydrogen peroxide and sterile water.
To kill germs effectively, the Centers for Disease and Control Prevention specifies that alcohol-based hand sanitizers must have an alcohol concentration between 60-95%.
Distilleries, including Pernod Ricard, Diageo and Anheuser-Busch are now taking part in hand sanitizer production efforts and donating the product to charities, non-profits and medical professionals help fight COVID-19.
"In times like this it is important that everyone, especially companies with strong U.S. roots, like ours, prioritize good corporate citizenship and step up in the name of the greater good. I am glad that we were able to form this public/private partnership and repurpose our spirits production facilities to meet a pressing, national need," said Ann Mukherjee, Chairman and CEO, Pernod Ricard North America in a release. Pernod Ricard makes Absolut Vodka and Jameson Whiskey.
Drink makers are already in possession of vast quantities of ethanol as it is the basic ingredient required to make liquor, and with the manufacturing capacity of these international distilleries focused on producing the gel disinfectant, these companies are reportedly churning out tens of thousands of liters of hand sanitizer.
This push for distillery-produced hand sanitizer is partially in response to the FDA working to curtail the production of homemade sanitizer, which can be detrimental to one’s health. “ (The) FDA recommends that consumers do not make their own hand sanitizer. If made incorrectly, hand sanitizer can be ineffective, and there have been reports of skin burns from homemade hand sanitizer,” according to the agency’s website.
Providing this ethanol-based disinfectant is also a strategy for alcohol companies to stay top of mind with consumers. Well-known alcohol brands have taken a financial hit as bars, restaurants and hotels have closed worldwide. The French spirits maker, Pernod Ricard cut its fiscal guidance for 2020 by 20%. By passing out branded hand sanitizer, the company remains an integral part of the lives of thousands in a novel way that may lead to future sales from grateful hand sanitizer users.
Two plant-based investment arms are created and invest in ice cream
28 Jul 2020
Two plant-based startups have migrated into the ranks of venture capitalists. Perfect Day recently created The Urgent Company in order to develop CPG products from its animal-free dairy proteins, and Jason Karp, the co-founder of Hu snacks started Huma...Read more
Anheuser-Busch releases Busch Light Apple beer
24 Jul 2020
It’s not yet fall, but Anheuser-Busch launched an apple-flavored lager under its Busch Light line. This is the first time in 65 years that the Busch Beer brand has released a flavored beer product, and it will be available for a limited time in select ...Read more
PepsiCo partners up to sequence the oat genome
20 Jul 2020
PepsiCo and its partners sequenced the complete oat genome for the first time, only taking four months to complete the process. The data was published on an open source platform for use by other companies looking to develop and improve new oat varietie...Read more
Kerry ingredients company will debut its Botanicals Collection Zero
16 Jul 2020
Kerry introduced its new Botanicals Collection Zero, a range of botanical extracts that are specifically designed for low- and no-alcohol beverages. The ingredient company will offer 15 new standard extracts with an additional 35 other options that the...Read more
Follow your Heart releases dairy-free feta
13 Jul 2020
This month, Follow Your Heart released its Dairy-Free Feta Crumbles Cheese Alternative, the first dairy-free feta cheese option to arrive on grocery store shelves in the United States.Read more
EU invests €20m into sugar beet biorefinery for carbon neutral organic acids
8 Jul 2020
To reduce its reliance on petroleum-based chemicals in the food and agricultural industries, the European Commission and the public-private Bio Based Industry Joint Undertaking (BBI JU) are investing €20 million in the construction of a sugar beet bior...Read more
Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry
7 Jul 2020
EBottli recently launched in Australia with the goal of protecting the country’s wine exports from counterfeits that are prevalent in Asia. In China alone, potential losses to counterfeit wine are anticipated to reach $3 trillion by 2022. Australian wi...Read more
Chilean biotech firm Protera moves to Paris, closes $5.6M in Series A funding
6 Jul 2020
The AI-driven bioscience startup Protera closed a $5.6 million round of funding on June 10, that was led by Sofinnova Partners, a European life sciences venture capital firm. There was also participation from an existing venture capital investor, SOSV.Read more
Five-month-old Indonesian startup raises $10.5M
30 Jun 2020
After five months in business, the Indonesian e-commerce startup Ula has raised $10.5 million in a round led by Sequoia India and Lightspeed India. Additional participation was offered by SMDV, Quona Capital, Saison Capital and Alter Global.Read more
Bühler Group partners with Big Idea Ventures to accelerate plant-based meat alternatives
24 Jun 2020
The 160-year-old Swiss equipment manufacturer Bühler Group has inked a new partnership deal with the alternative protein accelerator and venture capital firm Big Idea Ventures to invest in the firm’s mission to create sustainable, plant-based alternati...Read more
Are you a supplier
Here's what we can do for you
- Generate quality leads for your business
- Stay visible for 365 days of the year
- Receive product inquiries and respond to meeting requests directly
- Improve company online presence through Search Engine Optimisation