The Olam Group Limited has announced that its wholly owned subsidiary, olam food ingredients (ofi), which includes its cocoa division, has secured a multi-tranche sustainability-linked facility aggregating $1,750 million.
Olam food ingredients (ofi) has introduced two new circular biomass boilers at its cocoa processing factories in the Netherlands and Germany, reducing greenhouse gas emissions.
The United States Agency for International Development (USAID) has announced a new project to promote sustainable cocoa and coffee production in Indonesia with The Hershey Company, Rikolto, the Indonesian government, and PT. Olam Indonesia - part of olam...
I have spent close to 30 years working on the ground in West Africa alongside rural communities, including cocoa-growing communities. In that time, I have learned a lot about why deforestation happens in the first place and the most effective ways we...
Olam Group Limited has published its 2022 Annual Report, which highlights its financial and non-financial achievements across three comprehensive components: Strategic Report, Governance Report and Financial Report.
Gerard Manley, CEO of ofi’s Cocoa business and the group’s Chief Sustainability Officer (CSO), has announced he will will retire at the end of June 2023 after 25 years with the company.
The Singapore-based agribusiness said it remains ‘cautiously optimistic' about its prospects for 2023’ despite reporting 24.5% lower earnings of S$200.0 million (US$148.52m) for the year ending 31 December 2022.
As ConfectioneryNews reported last month, the trend for single-origin cocoa ingredients has been growing for some time, as consumers with a sweet craving also look more closely at how and where their cocoa is sourced.
Cocoa supplier olam food ingredients (ofi), has won the Sustainable Supply Chain of the Year Award at the 2022 Global Good Awards, which recognise businesses, NGOs, charities and social enterprises that are driving social and environmental change.
olam food ingredients ('ofi'), a global leader in food & beverage ingredients and includes the company’s cocoa division, has announced that it has secured a multi-tranche sustainability-linked facility aggregating $1,975m
Olam food ingredients (ofi) is one of the world’s largest cocoa bean suppliers with a leading presence in 10 key producing countries across Africa, Asia and South America. It has published its 2021 Cocoa & Forests Initiative (CFI) Report to share...
Singapore-based Olam, OFI’s parent company, said it is tracking global markets following Russia's invasion of Ukraine this week to determine the potential impact on the timing.
Ahead of its planned IPO, Olam Food Ingredients (ofi) has set out its aim to drive innovation to deliver growth. We catch up with ofi CEO A. Shekhar to learn about the trends the company hopes to tap.