SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

News > Manufacturers

Cloetta may take ‘bumpy road’ of price changes on select products

Cloetta may alter prices on individual products in response to increasing cocoa, hazelnut and almond costs and falling sugar prices.

News in brief

Unilever to launch Marmite and Pot Noodle Easter eggs

Unilever UK will launch two new Easter eggs in February to build on the success of its first ever releases last year.

Mondelez to invest $24m in Turkish confectionery plant

Mondelez International has said it will invest $24m (€19.3m) to expand its Gebze plant in Turkey, as the company continues its plan to increase productivity and cut costs.

Mondelēz to acquire Vietnamese biscuit leader Kinh Do for $370m

Mondelēz International will acquire a 80% stake in Vietnam’s leading biscuit firm Kinh Do to spur growth in the rising Asia-Pacific market.

Q3 results

Ülker grows in Turkey, but Iraq conflict eats into export sales

Wholesale price hikes and product downsizing help Ülker grow net profit in Q3, but export volumes shrink due to instability in Iraq.

French trade dispute dents Mondelēz Q3 earnings

Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.

Yildiz still lacks 'power brands' after United Biscuits buy: Analyst

Yildiz Holding's acquisition of UK United Biscuits makes it the world's third largest biscuit player, but now it will have to work hard to find its 'power brand' answer to Mondelēz's...

Turkey’s Ulker Biskuvi Sanayi nets United Biscuits

United Biscuits (UB) has been sold to Turkish food firm Ulker Biskuvi Sanayi, private equity owners Blackstone and PAI Partners have confirmed.

Q3 sales up, profits down as Natra feels cocoa pricing pain

Year-on-year Q3 EBITDA profits dipped 9.2% to €5.73m at Spanish cocoa and chocolate and specialist Natra as ongoing cocoa price hikes hit even as quarter revenues rose 5.2% to €89.93m.

Australia

Mondelēz opens Victoria R&D lab as Coca-Cola Amatil sheds jobs nearby

Food, beverage and confectionery giant Mondelēz has opened an Asia-Pacific research and development centre that claims to be the biggest of its kind in Australia.

Protein gummies hit sweet spot of convenience, taste and consumer weariness with other sources, developer says

Protein fortification continues to be a hot topic, with high protein forms of shakes and other beverages, nutrition bars, cereals and other foods crowding the market.  Now startup company Rap...

Henry's Humdingers wants to spread word about spicy honey and the problems afflicting bees

CEO Henry Miller had a vision for his company, Henry’s Humdingers, when he founded it. He wanted to give consumers a new take on honey and at the same time...

Quest for purity brought allergen-free positioning as a side benefit, chocolate maker says

The rising tide of food intolerances and allergic reactions bodes well for Pascha Chocolate, a brand that is founded on an allergen-free positioning. But co-founder Courtenay Vuchnich said the real...

Third Quarter Results

Hershey lowers full-year forecast after international glitch

Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.

Bon Bon Buddies aims at £60M sales in three years

Bon Bon Buddies aims to boost sales by 50%, taking them from £40M to £60M, in the next three years and is putting plans in place to grow exports.

Be wary of wholesale chocolate price hikes, warns Euromonitor

Chocolate makers should ensure that wholesale price increases do not stunt growth in the emerging markets, says an analyst at Euromonitor International.

Denmark

Toms finds commercial success with cocoa tray fermentation

Danish confectioner Toms says its Ekstra chocolate brand that only uses tray fermented cocoa has proved that an initiative to support farmers and improve bean quality can also turn a profit....

Lost World: ICAM taps Amazonian cocoa for Vanini brand launch

Italian confectioner ICAM has launched premium chocolate brand Vanini in the US, which uses Bagua cocoa, grown in the Peruvian amazon.

News in brief

United Biscuits appoints Sunday Times’ NED of the year

United Biscuits has appointed the Sunday Times’ non-executive director of the year, Frank Meysman, as its non-executive chairman.

Nestlé confectionery sales slump 7%

Nestlé confectionery sales fell 7% in its nine-month results due to rising cocoa costs and declines in developed markets such as Great Britain.

Cocktail Candy: We're not marketing to kids

Belgian firm Candy Pack says it understands why some people might be "touchy" about the idea of alcohol-themed confectionery, but insists it isn't targeting children for its Cocktail Candy range....

Heat is on for 1,000 Cadbury Bournville plant staff

Mondelēz International has stepped up the pressure on the 1,000 factory workers at its Cadbury Bournville site, issuing a booklet outlining what future working practices will look like there.

Brazilian biscuit and bread associations merge in ‘basic basket’ tax hope

Brazil’s National Biscuit Industry Association (ANIB) is merging with the country’s Association of Pasta Manufacturers (ABIMA), which also represents the processed bread and industrial cakes sector, to form a new...

Nestlé CEO on missed target: ‘Usain Bolt doesn’t always run 100 metres in the same time either’

Nestlé’s share price fell 2.9% in early trading this morning as nine-month sales growth missed objectives.

Tate & Lyle opens new Chinese facility

Tate and Lyle, which has a £3.1bn turnover, opened its latest polydextrose facility last month in China.

Key Industry Events

 

Access all events listing

Our events, Events from partners...

On demand Supplier Webinars

Your future starts at Cargill's T for Trends
Cargill Cocoa & Chocolate
All supplier webinars