Agricultural firm Cargill has started construction of a new cocoa
processing facility in Ghana, in an expansion move designed to meet
increasing global demand for cocoa products.
A UK-based pressure group campaign against companies
that buy cocoa from the Ivory Coast has accused
the industry of funding conflict and civil unrest.
US based cocoa producer Cargill has developed a new method of
processing cocoa which allows for reduced fat content and greater
dispersibility in cocoa powder.
Chocolate giant Mars has filed a lawsuit against Natraceutical,
alleging that the Spanish company is infringing its patents on
polyphenol-rich cocoa extracts by selling CocoanOX extracts in the
United States.
Supplier Buhler has boosted machinery supplies to facilities in
Ghana, enabling operations in the country to not only harvest the
beans but process them into cocoa butter and powder.
Barry Callebaut has produced a new website entirely devoted to
promoting the nutritional benefits of cocoa in an effort to
counteract the increasingly unhealthy image of chocolate products
and their unpopularity in a health-conscious...
The International Cocoa Organisation (ICCO) has revised its gloomy
cocoa estimate of a 5,000 tonne deficit to predict a global surplus
of 80,000 tonnes of cocoa in the coming year, assuring
manufacturers of a steady supply.
Singapore-based cocoa bean supplier Olam has jointly acquired the
Cameroon cocoa processor Usicam with ADM, the world's largest cocoa
processor, giving both firms greater economy of scale in the
African market.
A moth with a penchant for cocoa may not sound too great an
ecological threat, but the Cocoa Pod Borer (CPB) is threatening to
ruin Papua New Guinea's entire crop.
Confectionary giant Mars has lauded recently published research as
further evidence of the benefits of flavanols from cocoa for a wide
range of health conditions, and looks set to lead to a new wave of
cocoa flavanol-enriched products...
The Malaysian cocoa board expects 2005 to set a new record for
cocoa exports, exceeding RM 2 billion ($530 million), thanks to
increased global consumption and access to new markets.
Dark chocolate made with flavonol-rich cocoa may help prevent
diarrhoea, say scientists who have found cocoa compounds to limit
the development of fluids that cause the condition.
Prices for cocoa remain relatively volatile as political unrest in
Ivory Coast, that produces some 40 per cent of global cocoa crops,
keeps the market nervous.
Ladco Advanced Engineering, the parent company of Scotland-based
MacIntyre Chocolate Systems, has acquired Petzholdt-Heidenauer
International, in a bid to extend both companies' global reach in
the competitive chocolate processing...
Cocoa prices have leapt in London, driven by fears that instability
in Ivory Coast, that produces some 40 per cent of global crops,
could impact supplies.
Barry Callebaut, the world's leading manufacturer of cocoa and
chocolate products, increased its sales revenue, operating profit
(EBIT) and net profit.
Vietnam is halfway through its target of planting 500 hectares of
cocoa this year. The country, famed for its quality coffee
production, wants to become less reliant on one single cash crop.
The vast disparity between the price consumers in the UK pay for
their chocolate and the amount West African cocoa growers are paid
for the key ingredient in the confectionery has been highlighted
again this week by the Co-op. The...