AAK has opened an innovation center in Edison, New Jersey, during which it highlighted some of the most up-to-date product making technologies to partners, including Hershey, Mondelēz and Barry Callebaut.
Hershey has launched a string of Valentine’s Day products this year under its core brands across the US, including KitKat, Reese’s, and Cadbury, as IRI estimates the season generated nearly $2.8bn worth of candy sales in 2015.
The US unit of cocoa trading and supplying company Transmar Group has filed for bankruptcy protection in the US Bankruptcy Court for the Southern District of New York after the parent company experienced insolvency in Europe.
Cocoa industry insider, Marc Donaldson, voiced that approximately $2bn investment in cocoa sustainability over the past 10 years has achieved “so little.” He suggested consumers should take the sustainability issue on themselves instead of pushing the...
Mondelēz may make another bid to acquire Hershey as five board members are set to step down under an agreement with the Pennsylvania Office of Attorney General (AG), says the author of a book on the Hershey Trust.