Every Friday, Perfect Daily Grind rounds up the top coffee industry news of the week. Here are this week’s stories.

• Monday, 5 Jul – Griin counter-top roasters targets office consumers. By focusing on workplace environments, the company hopes to reduce packaging waste and cut greenhouse gas emissions. Pilot programmes will be tested throughout Israel and the US.

• Monday, 5 Jul – Krispy Kreme valued at US $2.7 billion in IPO. The coffee and doughnut chain went public with over 29,000 shares, each valued at US $17. Krispy Kreme raised US $500 million from the IPO.

• Monday, 5 Jul – Löfbergs opens new roastery in Karlstad, Sweden. To celebrate its 115th anniversary, Löfbergs invested SEK 200 million (US $23.4 million) in the new facility. The roastery will specialise in whole bean coffee, while its other Karlstad location continues to focus on ground coffee products.

• Monday, 5 Jul – Horsham Coffee Roaster donates to Rwanda forest replanting project. The UK roaster has pledged to donate US $1 (£0.72) for every 1kg of Rwandan coffee sold and will receive help from the Gishwati-Mukura National Park. The current amount raised is enough to plant 5,651 trees.

• Monday, 5 Jul – Equator Coffees to acquire The Round House Café by Golden Gate Bridge. The café closed in early 2020 due to pandemic restrictions. The San Francisco roasters have a partnership with Golden Gate National Parks Conservancy and the US National Park Service.

• Monday, 5 Jul – Automatic espresso machine market set to grow to US $1.15 billion by 2025. The European market is expected to experience the most growth.

• Monday, 5 Jul – Lavazza celebrates 10 years as official Wimbledon coffee partner. This year’s Wimbledon championships will last until Sunday, 11 July with reduced in-person capacity. Lavazza coffee is served by 100 baristas from 60 service points.

• Monday, 5 Jul – Allegro Coffee Company commits US $100,000 to Whole Planet Foundation. The foundation uses a global network of micro-finance organisations to support marginalised and rural communities, including those growing coffee. Allegro has donated a total of US $628,940 to the foundation, funding over 23,000 micro loans.

• Monday, 5 Jul – Hillhouse Coffee opens store in Tuscon, Arizona. The Cold Roast extraction system (which uses a grinder, keg, and nitrogen tank) allows baristas to serve customers in 60 seconds or less. The café is also developing an app for contactless payments.

• Tuesday, 6 Jul – Cropster appoints Marcus Young as Demand Generation Manager. Young will be managing Cropster’s education, content, and event creation departments. Young has worked in the coffee industry for nearly 20 years, previously as Director of Business Operations for Sustainable Harvest Coffee Importers.

• Tuesday, 6 Jul – Japanese coffee chain % Arabica launches RTD coffee in Indonesia markets. The coffee drinks are available in three and five-packs, with both dairy and plant-based options. The price of one bottle ranges between RP 55,000 (US $3.80) and RP 89,000 (US $6.16).

• Tuesday, 6 Jul – Mondelēz International uses 100% renewable electricity at six UK production sites. The transition to sustainable electricity means the company can offset the equivalent of around 2,900 individuals’ CO2 emissions. The company plans to reduce its global CO2 emissions by 10% by 2025.

• Tuesday, 6 Jul – DMCC registers 1,230 companies in first half of 2021. European and Asian coffee markets have seen the most significant growth. DMCC is set to host a webinar on 12 July to discuss how Swiss coffee businesses can enter the market in Dubai. Speakers include Managing Director of Sucafina Specialty EMEA, Cory Bush, and Managing Director of Sucastainability Kenya LTD, Wycliffe Odhiambo Murway.

• Tuesday, 6 Jul – Black Insomnia Coffee releases Dark Roast Grounds. The arabica and robusta blend contains 1,105mg of caffeine in a 12oz (355ml) serving, four times the average caffeine in a 12oz cup of coffee.

• Wednesday, 7 Jul – ICO reports June coffee prices increase as production drops. The ICO composite indicator’s monthly average rose by 4.6% to 141.03 US cents/lb in June 2021, 42% higher than June 2020.

• Wednesday, 7 Jul – Italcoppie Sensori releases U-CAN Touch + steam wands. The steam wands consist of two insulated stainless steel tubes, minimising heat loss and reducing risk of scalding for baristas.

• Wednesday, 7 Jul – Café Show Paris 2022 to take place 19 to 21 May. Around 20,000 visitors and 200 exhibitors are expected to attend the event in Paris. The exhibition will include seminars, a barista and bartender competition, and a platform for buyers and investors called Café Talk.

• Wednesday, 7 Jul – Chobani files for US IPO. Chobani manufactures a number of products, including yoghurts, oat milk, RTD coffee, and coffee creamers. It could be valued at more than US $10 billion. The number and value of shares has yet to be determined.

• Wednesday, 7 Jul – International Coffee Partners donated more than €40,000 (US $47,000) to hurricane relief funds. The organisation supported more than 2,400 smallholder coffee-growing families after hurricanes Eta and Iota hit Central America last November. Funding was used for emergency food supplies, infrastructure restoration, and improvements to water sanitation.

• Wednesday, 7 Jul – Coffee Holding Company buys Colorado roasting facility for US $900,000. The 56,000 square foot space will house the company’s largest roasting operation since 2005. The company says that consolidating roasting operations will reduce overheads in other locations.

• Thursday, 8 Jul – Heifer International and IBM collaborate on IBM Food Trust initiative. The blockchain platform allows farmers and buyers to trace coffee and cocoa back to farm level. The system is currently being used by COPRANIL coffee cooperative in Honduras and cocoa farmers in Heifer Honduras’ Chocolate4All project.

• Thursday, 8 Jul – Colombian coffee exports recover after protest blockades. Shipments in June decreased by 11% to 986,000 bags. Throughout 2021, Colombian exports have risen by 2% to more than 5.8 million bags.

• Thursday, 8 Jul – illycaffè launches “Welcome on the Road to Happiness” campaign. The media campaign showcases the journey of coffee from origin to preparation, with a focus on the “circularity” of the supply chain.

• Thursday, 8 Jul – Kenya coffee exports increase due to rise in global demand. During the 2019/20 harvest, the country exported US $204 million worth of green coffee. However, farm sizes and prices paid to farmers have decreased.

• Friday, 9 Jul – TechnoServe and Partnerships for Forests release guide on Ethiopian arabica. Ethiopia’s Forest Coffee: An Illustrated Guide provides information on coffee origins in the country to promote awareness and market profitability. The booklet also provides contact information and cupping scores for over 100 co-ops.

• Friday, 9 July – Liquid Core Gum releases Life’s Gum Coffee products. The chewing gum is infused with coffee and contains caffeine, and becomes minty as it is chewed. The product range also includes a decaf option.

Here are a few news stories from previous weeks that you might find interesting. Take a look.

• Wednesday, 30 Jun – Nestlé Japan trials sales of short-dated coffee and tea in vending machines. In a bid to reduce food wastage, Nestlé Japan has partnered with Minatoku Corp to create specialised vending machines. Consumers can purchase coffee and tea products that are still safe for consumption but past their best before dates.

• Wednesday, 30 Jun – Luckin Coffee announces restatements of 2019 financial results. The second, third, and fourth quarter finance reports were re-released after financial misreporting was discovered in April 2020. Sales of Luckin Coffee stock rose by 25% after the restatements were released.

• Wednesday, 30 Jun – SCA releases results of China and Korea Community Impact of Covid-19 surveys. Most respondents from both China and Korea identified as coffee retailers. Around 35% of Korean respondents claimed they lost 26% to 50% of their sales during March 2021. Around 45% of Chinese respondents claimed sales reduced by up to 15% during the same time period. Both sets of respondents claimed business expenses had increased since June 2020.

• Thursday, 1 Jul – Keurig Dr Pepper releases 2020 DrinkWell.Do Good report. The company stated it responsibly-sourced 100% of its coffee throughout 2020, and produced 100% of its L-Cup coffee pods from recyclable plastic. Four million coffee cups, beverages, and brewers were also donated to US and Canadian healthcare workers during the pandemic.

• Friday, 2 Jul – Higher Grounds and PDG Media release guide for Congolese co-ops. In partnership with Élan RDC, the DRC Coffee Market Orientation Guide provides general overviews of international coffee consumption markets for Congolese co-operative members.

• Friday, 2 Jul – World Coffee Producers Forum 2021 to be held virtually on July 15. The two-part forum will include the online webinar focusing on long term sustainable development of the production sector. The second part of the event will take place in Kigali, Rwanda in 2022, creating National Coffee Sustainability Plans for coffee producing countries.

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