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Wearables, beacons and smart diplays: Eight tech startups to help Mondelēz tap Millennials

Mondelēz International’s director of field shopper market shares details on eight technology startups that will help promote power brands such as Trident and Oreo.

Nestlé unwraps search for confectionery degree students

Nestlé is seeking to secure the next generation of chocolate makers with the launch of a new confectionery degree.

'Long-term growth potential' in Europe's chocolate market

Mondelēz keeps faith in Europe as it opens flexible $30m chocolate line in Poland

Mondelēz International has opened a $30m line in Poland to produce popular brands such as Milka, Cadbury and Oreo as it anticipates a recovery in Europe’s chocolate market.

Global Dairy Trade commodity prices climb for second auction running

Dairy commodity prices rose nearly 11% earlier today on the Fonterra-owned Global Dairy Trade (GDT) auction platform.

KitKat commits to only sustainable cocoa by early 2016

Nestlé plans to source only sustainable cocoa for its global KitKat brand in order to strengthen consumer trust.

Sugarcane conditions kill: The deadly epidemic confectioners and soft drink makers ‘can’t walk away from’

Perilous working conditions for sugarcane growers in Central America have claimed around 20,000 lives in the past decade and supply chain advisor Solidaridad says the food and drink industry can...

Montezuma’s signs ‘significant international deal’ to enter US with Trader Joe’s

UK premium chocolate firm Montezuma’s will be stocked in the US for the first time after it signed a deal with food store chain Trader Joe’s.

More than 20 countries hit by chocolate wafer recall

The recall of chocolate bar products possibly contaminated with Salmonella has expanded to more than 20 countries.

From trial-and-error to chocolate physics: Molecular dynamics can replace guesswork, claim researchers

German scientists say they may be able to improve chocolate’s mouthfeel after researching the molecular interactions with lecithin during conching.

We can pack ‘glass of milk’ level of calcium into chocolate, says Delavau

Nutritional ingredients supplier Delavau has utilized its fortification technology to enrich chocolate and compound coatings with calcium equivalent to levels in a glass of milk.

Salmonella in chocolate concern spreads across EU

At least 14 countries and numerous brands have been affected by possible Salmonella in chocolate products.

Cocoa Outlook

Dry West African weather to bring 56,000 MT cocoa deficit in 2015/16: Rabobank

Rabobank has forecast a small cocoa deficit for the next cocoa year as dry weather harms production in Ghana and Côte D’Ivoire.

Cocoa processing comes to Trinidad and Tobago for first time

The republic of Trinidad & Tobago will have a cocoa-processing facility for the first time in its history.

Food Safety recall round-up 14-20 August

Recalls: Salmonella in chocolate and pathogens in cheese

A recall round-up for August takes us to Belgium, Germany, Denmark, Sweden, Netherlands, Finland, the UK, Canada, New Zealand and France. Salmonella and Listeria found in cheese affecting multiple countries and Salmonella in chocolate dominate this week....

Emerging markets

Hershey goes solo in ‘key’ Brazilian market after acquiring Bauducco’s JV stake

Hershey has received clearance to acquire the remaining 49% in its joint venture with Bauducco, allowing the US giant to grow in the emerging market as its own entity.

Money talks! Norway withdraws from 4 Asian palm oil firms

The Norwegian national investment fund has cut ties with four major Asian companies, citing the risk of ‘severe environmental damage’ as a result of palm oil plantations.

Lindt overcomes commodity pressures to record 18% profits surge in H1

Lindt & Sprüngli has reported a double-digit rise in net income as it weathers steep price hikes in key commodities such as cocoa, hazelnuts and almonds.

Fudge maker to invest £1.6M in global expansion

A Scottish fudge and sweet maker is set to invest in machinery and create up to 16 jobs, after securing a £1.6M finance package.

Mondelēz escapes Indian competition watchdog wrath in distributor spat

Mondelēz did not breach competition rules following a complaint from a distributor it was placing unfair terms on rural stockists, rule Indian authorities.

Petra Foods profits slump as Indonesian consumers cutback on chocolate

SilverQueen and Delfi brand owner Petra Foods has reported a 40% net profit dip in Q2 2015 as sales fall in its main market Indonesia.

Nestlé H1 confectionery sales dip; cornerstone brands need investment, says analyst

Nestlé confectionery sales dipped $300m in H1, so if it wants to stay at the top it must continue to invest in brands like KitKat rather than focus too heavily...

Too conservative? Lindt's Hello Bites may need more bite for younger crowd

Lindt’s new Hello Bites may appeal to a younger crowd – but are the flavors too conservative for a demographic which appreciates novelty and variety?  

Olam’s ‘complex’ ADM cocoa deal hits delay

Singapore-based Olam’s $1.3bn acquisition of Archer Daniels Midland’s global cocoa business has hit a bump in the road, according to U.S. Securities and Exchange Commission filings.

Ackman investment in Mondelēz: ‘Maybe this is the shake up it needs,’ says innovation expert

Activist-investor William Ackman’s 7.5% stake in Mondelēz International should inject life into a sweet and snack major that has been struggling for the past two years, says the innovation head...

China to blame as Hershey reports Q2 loss of nearly $100m

The Hershey Company reported a net loss of almost $100m for the second quarter of 2015 - a result "adversely impacted" by its performance in China.

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