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Kraft boosts profits 5% in Q2, reaffirms outlook

Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.

Hershey sales rise 7% in Q2 on strong US candy marketplace

The Hershey Company has posted improved sales and profits in its second quarter (Q2) results driven by a robust US candy, mint and gum market.

Ferrero to boost South African production by local sourcing

Italian chocolatier Ferrero plans to upscale production in South Africa by utilising local raw materials and packaging.

Nestlé pulls Kit-Kat ‘Pedo Bear’ image from Facebook

Confectionery giant Nestlé has removed images on its Australian and New Zealand Kit-Kat Facebook page that bore a resemblance to internet paedophile mascot ‘Pedo Bear’.

Zetar shifts seasonal focus after 2012 profit slump

UK confectioner Zetar plans to shift its focus on seasonal products to branded and private label sales after suffering a 17.5% profit decline in 2012. Its chairman also plans to stand-down.

Lotte a possible candidate for troubled Darrell Lea, says analyst

An analyst gives his tips on the possible suitors for Australian confectioner Darrell Lea, which entered administration this week and is looking for a buyer.

Editor’s Blog

The big guns on degradable gum: Wrigley and Kraft’s enviro-gum plans asks what the two biggest players in the chewing gum market are doing to introduce non-stick gums that degrade quickly in the environment.

Thorntons sales grow but outlook still bleak

UK chocolate firm Thorntons has posted improved sales in its fourth quarter (Q4) trading update, but it remains cautious about the year ahead.

Lindt scraps production expansion to build training centre

Swiss chocolatier Lindt & Sprüngli is considering constructing a training centre at its headquarters in Switzerland after ditching plans to expand production.

Kraft seeks ‘radical and inventive’ solution to environmentally-friendly gum base challenge

Kraft Foods is inviting potential partners to pitch “ingredients, formulations or technologies" that could help it create an environmentally-friendly chewing gum base that will degrade after disposal.

Darrell Lea plunges into administration and seeks buyer

Australian confectioner Darrell Lea today announced that it has entered administration and is looking to sell the company.

News in brief

Ferrero reaffirms sustainability pledges in CSR report

Italian chocolatier Ferrero has reaffirmed its goals on sustainability in its third corporate social responsibility (CSR) report released last week.

Rev7 degradable gum makers to raise £25m for growth plans

Rev7 degradable chewing gum maker Revolymer plans to trade its entire share capital on the London stock exchange to raise £25m for its five year growth strategy.

Rivals up menthol capacity to meet gum makers' demands

Menthol supplier BASF plans to open a new factory this summer to meet demands from confectioners soon after its rival Symrise boosted its own capacity earlier this month.

News in brief

Kraft wins innovation award for Trident Layers

Kraft Foods has bagged an innovation award from market analysts Nielsen for its Trident Layers gum brand.

Kraft develops quality preserving low-calorie chocolate method

Cadbury owner Kraft Foods has filed an international patent for a process to make low-calorie chocolate that it claims can maintain texture and quality while extending shelf-life.

Ferrara Candy Company to close two sites after merger

US confectioners Farley’s & Sathers and Ferrara Pan have announced plans to shut a manufacturing facility and a packaging and distribution plant following the two firms’ merger to become the Ferrara...

Hershey plans new Asia manufacturing facility as it sets vision for international expansion

US-based confectioner Hershey has announced plans to open a new factory in Asia as it embarks on a ‘five core brands’ strategy to realise potential in selected emerging markets.

Cadbury in list of top three preferred employers

Cadbury and Marks & Spencer feature in the list of the top three firms nearly 8,000 job seekers would most like to work for, according to recruitment and HR services...

Mars opens €80m chocolate factory in Russia

Mars has opened a €80m (RUB 3.3bn) chocolate factory in Russia’s Ulyanovsk region as it looks to capture a greater share of the highest value BRIC chocolate market.

News in brief

Mars launches Fairtrade certified Malteasers in UK

Mars Chocolate has introduced Malteasers made with Fairtrade certified cocoa to the UK market as part of its ongoing pledge to achieve cocoa sustainability.


Nestlé registers Azerbaijani company following suspended operations

Food mogul Nestlé has recommenced operations in Azerbaijan through a registered company following suspended trade of its entire product range in March due to supply problems.

MPs tour Mars to ‘see inside food manufacturing’

Mars Chocolate UK in Slough – home of Mars, Snickers, Galaxy and Maltesers – hosted a visit by MPs and Peers yesterday (June 12) as part of ‘See Inside Manufacturing’ (SIM) initiative.

News in brief

Hershey claims 30% reduced fat chocolate with first brand launch since 2007

Hershey’s first brand launch since 2007 is a chocolate product that it claims contains 30% less fat compared to the average leading milk chocolates.

Kraft risks being left out of recycling loop after rejecting EPR call

Kraft Foods’ refusal to adopt a policy on extended producer responsibility (EPR) for its US packaging operations is likely causing millions of dollars of post-consumer waste ending up in landfill, said...

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