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These are all the posts that have been tagged with asia.

Godrej Hershey to launch Indianised bars

21 July 2010 – Godrej Hershey, a joint venture between Pennsylvania-based The Hershey Company and the Godrej Group has opted for Indianised concepts to woo chocolate-lovers across the country.   The company is planning to launch an Indianised version of Hershey’s bar by November. “The consumer’s taste buds differ from US to Europe to Asia […]

Barry Callebaut reports further acceleration in volume growth

5 July 2010 – Barry Callebaut has forecast continued strength in cocoa prices, but a weak sugar market, as the company reports an acceleration in sales growth in the first nine months of fiscal year 2009/10, ended 31 May 2010. The sales volume came in at 975,044 tonnes, up 8.9%. The most significant volume increases were […]

So much for the opinions of analysts…

Ending months of speculation, Asian confectionery giant Lotte Group is set to acquire Cadbury’s old Wedel business in Poland from Kraft Foods. The sale of Poland’s oldest chocolate brand was a condition set on Kraft’s takeover of Cadbury in February and around 1,000 employees will transfer across to the new owners. That Lotte was on […]

Barry Callebaut considers Asia

Barry Callebaut expects cocoa prices to gain further this year on supply concerns in top cocoa regions in West Africa and a recovery in global demand. The Swiss-based firm says prospects of weaker output from top grower Ivory Coast have shifted some of the company’s focus to Asia. CEO Juergen Steinemann noted recently that Malaysia […]

Greenpeace targets KitKat

A new Greenpeace report has criticised Nestle for using palm oil from destroyed Indonesian rainforests and peatlands in its chocolate products, pushing already endangered orangutans to the brink of extinction and accelerating climate change. The report, Caught Red-Handed’, exposes how Nestle is sourcing palm oil from suppliers, including Sinar Mas, Indonesia’s largest producer of palm […]

Stevia use likely to increase

According to a recently released survey among the Stevia industry professionals by business research and growth strategy firm KnowGenix, the use of the natural sweetener is likely to increase in food and beverage markets. Respondents believe that Stevia sweeteners will capture over 50% of Aspartame and Sucralose’s market shares, though the top concerns listed were […]

Lindt & Sprungli 2009 sales down 1.9%

Chocoladefabriken Lindt & Sprungli has achieved sales worth 2.52 billion Swiss Francs and an organic growth of 2.3% in an extremely difficult market environment for premium products. Due to adverse exchange rate factors, however, annual sales actually decreased by 1.9%. Sales in the US, together with Canada and Australia, showed above average development especially in […]

Barry Callebaut optimism despite lower demand

Barry Callebaut has seen stagnating demand for chocolate this year yet has seen revenue edge up 1.5% to 1.45 billion Swiss francs in the first quarter of its 2009/2010 fiscal year ending 30 November 2009, according to its latest financial statement. Sales revenue increased by 6.3% in local currencies, but was severely impacted by adverse […]

The end of stand-alone Australian confectionery association

Confectionery Manufacturers of Australasia (CMA) members have decided to cease operating as a stand-alone association and join the general Australian Industry Group (Ai Group). Ai will establish a specific confectionery sector within the organisation. Ai Group chief executive, Heather Ridout, says, “As the successor to CMA, Ai Group is pleased to welcome CMA members to […]

Cadbury results raise the bar

Cadbury increased its full-year profitability and revenue forecasts after reporting that underlying sales rose 7% in its July-September quarter. Shares in the company initially rose 1.2% to 808.95 pence, the highest since its 2008 soft drinks demerger, and well above Kraft’s current cash and share offer worth 726 pence. Despite this, analysts said the current […]

Nestle stays on track

Nestle has revealed growth of just under 4% for the third quarter, the same percentage as for its confectionery business. The strongest division was drinks with an almost 10% organic growth. Paul Bulcke, CEO of Nestle, says, “We have been streamlining our structures and product portfolio and, at the same time, we continue to invest […]

Food Design director retires

After 14 years at the helm, Colin Hunter has retired as managing director of Food Design, manufacturer of specialist sugar confectionery ingredients to the international food industry Hunter built the company from a germ of an idea on the proverbial “back of fag packet”, into an organisation with a turnover of between £3-4 million. This […]

Chr. Hansen launches natural white food colour

So far producers of panned confectionery products such as chewing gum and chocolate dragees have had no option but to colour their products with titanium dioxide (E171 in Europe), a titanium-derived white colour produced by synthesis. Now Chr. Hansen has introduced a unique natural alternative based on calcium carbonate, which is classified in Europe as […]

Tate & Lyle opens new facility in Australia

Tate & Lyle has opened a new state-of-the-art manufacturing and R&D facility for its Food Systems business for the Asia Pacific region in Wacol, Queensland. The new AU$ 7 million facility will also serve as Asia-Pacific headquarters for Tate & Lyle’s Food Systems business. Brian Walker, regional sales director of Tate & Lyle Food Systems, […]