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Breaking News on Confectionery & Biscuit Processing

Trends > Emerging Markets

Barry Callebaut expands California factory to meet growing West Coast demand

Chocolate manufacturing giant Barry Callebaut has completed its factory expansion project in American Canyon, California. 

Irish family chocolatier launches premium bars targeting UK market

Lily O’Brien’s Chocolates says it is outpacing Ireland’s confectionery category growth and will take advantage of its momentum by launching premium bars this year.

Nestlé Italy maps $66m global strategy for Baci Perugina brand

Nestlé plans to develop its Italian chocolate pralines, Baci Perugina, into a global brand.

China

Blommer buys Shanghai cocoa facility

America’s biggest chocolate supplier has acquired a manufacturing plant in Shanghai as part of an estimated US$40m investment in a fully integrated bean processing and chocolate manufacturing facility.

Barry Callebaut names Real Stevia as a future chocolate sweetener

Barry Callebaut will soon start using the Real Stevia Company’s Real Stevia as a sweetener in its chocolate portfolio.

Brazilian milk caramel brand Embaré coming to America

Brazil-based milk and confectionery firm Embaré hopes to return to growth by bringing its own milk caramel brand to the US and adding more American private label customers.

Asia’s organized retail sector to propel global sugar confectionery sales, predicts Technavio

Global sugar confectionery sales are poised to rise 3.76% each year up to 2020 driven by modernized retailing in Asia Pacific, says research firm Technavio.

Mondelēz faces US enforcement action for $57m Indian tax bill

The US Securities and Exchange Commission has filed enforcement action against Cadbury maker Mondelēz International for allegedly dodging tax in India.

Event preview

Mars and Mondelēz to speak at Cocoa Revolution in Vietnam

Mondelēz International‘s cocoa sourcing manager for Asia and Mars’ Vietnam cocoa manager are among the speakers at the 2nd annual Cocoa Revolution conference.

Coca-Cola Brazil distributor Vonpar to bring Neugebauer chocolate to Caribbean and US

Brazilian firm Vonpar Alimentos has eyes for Trinidad & Tobago and the US as it sets a target to raise export sales for chocolate brand Neugebauer.

Interactive Media

Chocoa 2016: Emerging origins, poverty alleviation & future techs

Commercial cocoa plantations poised to double share of global cocoa output while fine flavor cocoa nations rally behind a commodity described as the 'poverty crop'. Discover our key takeaways from...

No love for Valentine's chocolates on big retailers' online stores, says Clavis Insight

A study by Clavis Insight suggests major retailers in the US and UK are missing on an important sales opportunity to drive Valentine’s chocolate purchases online.

'Eye-catching': Morinaga revamps Hi-Chew packs to advance US business

Morinaga America (MA) has redesigned packs for its entire Hi-Chew candy line as it looks to grow US company sales 400% in the next five years.

Exclusive interview

Cookie dough & key lime pie: Project 7 breaks chewing gum conventions with Build A Flavor line

The California-based gum company, Project 7, launched new gum line, of which each product contains at least two flavors, the company’s CEO, Tyler Merrick, said. 

Blendhub Corp to host first international event in Dubai

Blendhub Corp. will host its first international event, the ‘Professional Network’ to coincide with Gulfood 2016, in Dubai, on February 24.

Financial Results

Hershey sees international glitch driven by China's weak chocolate appetite

Hershey’s international sales plummeted 26.8% to $281.5m in the fourth quarter primarily due to declines in China.

Hershey’s launches Chocotubs in IML packaging in Brazil

Hershey’s has launched its Chocotubs crunchy cookies with chocolate dip, in in-mould labelling (IML) packaging with labels from Verstraete IML, in Brazil.

Barry Callebaut thwarts global chocolate declines to grow volume and revenue

Barry Callebaut has posted increased volumes and revenue in the first quarter of financial year 2015/16 despite declines in the global chocolate confectionery market.

China's chocolate brands face image crisis amid international onslaught, says analyst

Chinese consumers are turning their backs on domestic chocolate brands they associate with questionable food safety in favor of a growing number of international brands, says China’s market research company, Daxue...

News in brief

KraussMaffei Group to expand in China

ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.

EquipNet opens office in Brazil after surge of international firms moving to the region buying pre-owned equipment

EquipNet has opened an office in Sao Paulo because it says it has seen an increase in the use of pre-owned F&B manufacturing equipment, due to an increasing number of...

Intense competition prompts Le Conte brand owner to sell candy business to Topps Properties

COFCO-owned China Foods has sold its confectionery business which includes the Le Conte chocolate brand to Top Properties for RMB 611m ($93m).

Reaction: Smurfit Kappa enters Brazilian packaging market with $200m double acquisition

Smurfit Kappa Group (SKG) has acquired two privately owned integrated paper-based packaging businesses, Industria de Embalagens Santana (INPA) and Paema Embalagens (Paema), for €186m ($200m) in Brazil.

Colombian chocolate couverture coming to Europe through Swiss trade deal

Colombian cocoa processor Cacao Pacifico will sell chocolate couvertures made with fine flavor Colombian cocoa in Europe through a partnership with Swiss Global Enterprise.

Major chocolate merger afoot? Hershey shrugs off talk of Ferrero deal as ‘speculation’

Analysts say Hershey may be eyeing a joint venture or merger with a major international player such as Ferrero, but the US chocolate giant has dismissed the claims as “speculation”.

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