Barry Callebaut has sold its Van Houten Singapore consumer chocolate business to Hershey so it can concentrate on its manufacturer and gourmet customers targeting the Asian market.
A new polypropylene (PP) injection moulding grade of plastic resin allows food packagers the ability to increase production, while cutting down on the material needed, the manufacturer claims.
Ongoing growth in cultures sales to the dairy industry and health
markets helped the Danish ingredients firm Chr Hansen post a modest
rise in revenue for the food ingredients division in the first six
months. Organic growth for the...
Last year was not one of the best for sales of chocolate, with
political instability in the Middle East, a weak global economy,
lower tourist numbers in the Far East as a result of SARS and the
hottest European summer in decades all...
A strong rise in sales volumes in Western Europe helped Barry
Callebaut to post steady profit rise for first nine months. Company
on course to meet its target of EBIT SF200 million in 2002/03.
Cadbury Schweppes announced that it has agreed to acquire a 51 per
cent equity interest in Kent, the leading sugar confectionery
manufacturer in Turkey, in addition to a majority equity interest
in its distribution arm, Birlik.