Consumer goods manufacturers Nestle and Dantwo are among the global companies whose businesses could be affected by US sanctions being reimposed on Iran. Nestle, which said there were "no direct implications" yet, has a base in Tehran and operates one factories, two producing baby formula and infant cereals and the other bottling water. Dantwo has a dairy plant in Qazvin that produces Danette pudding, as well as a joint venture producing baby formula and mineral water. The US sanctions are set to be reimposed between 6 August and 4 November.
Consumer goods manufacturers Nestle and Danone are among the global companies whose businesses could be affected by US sanctions being reimposed on Iran. Nestle, which said there were "no direct implications" yet, has a base in Tehran and operates two factories, one producing baby formula and infant cereals and the other bottling water. Danone has a dairy plant in Qazvin that produces Danette pudding, as well as a joint venture producing baby formula and mineral water. The US sanctions are set to be reimposed between 6 August and 4 November.