Vietnamese state-owned companies plan to convert some coffee and rubber plantations to cocoa, delivering a significant boost to the country’s annual output, says Vietnam’s principle cocoa buyer Puratos Grand-Place.
Mars Chocolate has introduced Malteasers made with Fairtrade certified cocoa to the UK market as part of its ongoing pledge to achieve cocoa sustainability.
The International Cocoa Organisation (ICCO) anticipates a lower than expected global cocoa shortage in the 2011/12 season due to ideal weather conditions and higher grinds in some cocoa producing countries.
Singapore based Olam International is to acquire UK confectionery fats supplier Britannia Food Ingredients (BFI) along with a logistic services component for £33.5m ($50m)
The fall in cocoa grindings by 2.4 per in the fourth quarter of 2010 is not an indication of slowdown in the recovery of the chocolate market in Europe, claims an industry analyst.
Cereplast said an agreement reached with Turkish company Sezersan Ambalaj will see bio-based twist film packaging launched onto the European market for the first time
Reports last week suggest cocoa production in the Ivory Coast, the world’s largest producer of cocoa, may be one million metric tonnes this year, down from 1.36 million last season.
Barry Callebaut has successfully closed its acquisition of a 60 per
cent stake in Malaysia's KLK Cocoa - a strategic move expected to
give the Swiss firm leverage to expand in the high-potential
Asia-Pacific region.
Hazelnut prices remain at all time highs but the imminent crop from
key producer Turkey could offer some stability to snack makers and
confectioners impacted by the record highs.
German sugar giant Suedzucker willl break ground on a new plant to
produce bioethanol fuel from wheat at Zeitz in East Germany.
Earmarked for completion by 2005, the plant will operate in
conjunction with the local sugar factory.
