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Sectors > Cocoa & Sugar

Barry Callebaut builds options for sustainable cocoa

Efforts this month under the sustainability mantle by leading pod-to-pallet cocoa player Barry Callebaut include a 250,000 tree-planting project in Tanzania, and a tripling of grindings in Ivory Coast.

News in brief

ADM Cocoa announces management appointments

 The cocoa division of US-based agricultural manufacturer Archer Daniels Midland Company has made two new appointments to its international senior management group.

Cocoa supply chain and sustainability headline African symposium

 With sustainability a buzz word for today's confectionery makers, a symposium that kicked off in Ghana today will attempt to get to grips with current issues impacting sustainability in Africa's...

Price tumble for cocoa aids confectioners

Prices for cocoa continue to tumble compounded by the global financial crisis, offering further relief in costs for confectioners.

New ADM cocoa plant to meet growing demand

ADM has this week opened its new cocoa processing plant in Hazleton, Pennsylvania, a project it began in 2006 in a bid to expand and cater to growing demand for...

Imperial Sugar enters Cargill cooperation talks

The Imperial Sugar Company says it has entered discussions with joint venture group the Louisiana Sugar Refinery (LSR) over joining forces to construct and operate a new refinery in the...

Ivory Coast cocoa hit by disease, politics

Costs for cocoa have fallen from a peak of $3000 per tonne in July, to $2551.33 on Monday, but reports of the damaging black pod disease in Ivory Coast could...

Opportunities for cocoa powder as study shows antioxidant levels

Confectioners may seek to develop new formulations that use cocoa powder and baking chocolate, as new evidence suggests these two chocolate foods deliver the highest levels of the health-busting...

Farm-gate cocoa prices in Ghana to rise

Cocobod, the cocoa regulator for Ghana, has raised the fixed price it pays to farmers, a move that may not directly impact cocoa processors and buyers but could ultimately...

Chocolatiers dip into cocoa bank to identify flavor profiles

The owner of the confectionary company Chocolove has joined an expert taste panel to identify the unique flavors of different cocoa plants as part of a preservation project which could...

Cargill’s Ghanaian cocoa plant to go live in November

Agricultural firm Cargill’s new cocoa processing facility in Ghana is set to go online in November, according to reports.

Cocoa flavanols may boost blood flow in the brain

Flavanol-rich chocolate may boost blood flow in the brain and reduce the risk of dementia and stroke, Boston-based researchers have reported.

High cocoa costs continue to plague industry

Confectionery manufacturers are facing increasing cost pressures as cocoa prices reach their highest in over 20 years as cocoa futures prices soared by 3 per cent.

AAK builds profits on cocoa butter equivalents

The high price of cocoa butter has led to greater demand for AAK’s cocoa butter equivalents (CBEs) from specialty vegetable oils, and in turn has yielded strong growth in its...

Barry Callebaut sells Chococam to focus on cocoa sourcing

Focusing further on cocoa bean sourcing and processing, Zurich-based Barry Callebaut spins-off Chococam, the last of its consumer activities in Africa, to South African food firm Tiger Brands.

Smuggled cocoa beans impact supplies from Ghana

Cocoa supplies in Ghana, the world's second largest producer of beans, are being hit by smugglers taking the valuable beans abroad as prices crash through the $3000 barrier.

Imperial Sugar ups Wholesome Sweetener investment

Imperial Sugar has laid out $4m to increase its stake in the Wholesome Sweeteners joint venture, a move that recognises opportunities in the organic sweetener sector.

Pressure for chocolate industry as cocoa breaks $3000 barrier

Strategies for confectionery makers to absorb rocketing price rises are essential as cocoa prices crash through the $3000 barrier, with demand outstripping supplies and pulling the stocks-to-grindings ratio to a...

Danisco Sugar to be sold to Nordzucker

Danisco has announced that it will sell its sugar division to Nordzucker for DKK5600m, around €751m, bringing to an end months of speculation as to whether it would agree to...

Tate & Lyle spins off sugar trading unit to Bunge

UK sweetener group Tate & Lyle reduces risk to earnings from today's volatile commodity markets, announcing the sale of its international sugar trading operations to US oilseed giant Bunge.

Unlocking cocoa genome to relieve supply threats for chocolate makers?

Quality and supplies for the key ingredient in chocolate - cocoa - may gain from a new project that sees Mars link up with the US goverment and IBM to...

Danisco close to concluding sugar negotiations

Danisco has said it is close to concluding negotiations with potential buyers of its sugar business, but is still working towards spinning it off into a separate business by the...

High costs for cocoa to prevail on stock shortfall

High prices for cocoa manufacturers will prevail as an investment bank predicts a third successive global cocoa deficit in 2008/09.

Increased demand and a healthy future for Latin American cocoa

There is a growing demand for cocoa from Latin America to meet the increasing popularity of premium chocolates in Europe and the US, according to a speaker at the recent...

Mars highlights cocoa biodiversity at UN conference

Protecting cocoa's biodiversity and sustainability are critical, said Mars at the recent United Nations Biodiversity conference held in Bonn, Germany.

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