hershey
Hershey buys futures market cocoa amid concerns over West African support scheme
US confectionery company Hershey has reportedly moved to buy up to 30,000 tonnes of cocoa on the New York Futures trading market, which is not subject to the new Living Income Differential (LID) scheme designed to financially boost farmers’ wages in Ghana and Ivory Coast, writes Neill Barston
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
World Cocoa Foundation president raises concerns over ‘unprecedented challenges’ at partnership meeting
President of the World Cocoa Foundation Rick Scobey, has raised concerns over the ‘unprecedented challenges’ facing the sector in his opening remarks for the organisation’s annual partnership meeting, writes Neill Barston
Business news, Cocoa & chocolate, New products, Processing, Sustainability
Key NORC report on child labour within cocoa supply reveals significant concerns still remain
It seems there’s rarely a week within the confectionery and wider food and drink market that passes without a major breaking issue that proves of significant impact and offers the industry plenty of reason to take a step back and reflect.
Hershey delivers new virtual platform engaging with customers amid coronavirus pandemic
US-based confectionery business the Hershey Company has created a new virtual insights network (HIN) to enable greater engagement with consumers amid a challenging pandemic-hit retail landscape, reports Neill Barston
Business news, Cocoa & chocolate, New products, Packaging, Sustainability
Halloween is still happening, says US confectionery sector
One of the key issues to emerge over the past week has been that of plans for celebrating Halloween, particularly in the US, which remains one of the most significant dates in the confectionery calendar.
Business news, Cocoa & chocolate, Food safety, New products, Regulatory, Sustainability
Hershey delivers its latest series of festive treats
US-based Hershey has joined the ranks of major confectionery brands unveiling a broad portfolio of new products for this year’s crucial Christmas trading period.
Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Behind the scenes: The World Cocoa Foundation’s goal securing a sustainable industry for future generations
Few sector subjects remain as vital as the ever-more complex issue of delivering a sustainable cocoa sector. Neill Barston speaks exclusively to Rick Scobey, president of the World Cocoa Foundation on the state of the industry
Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Hershey records major upturn in its S’mores confectionery
US confectionery group Hershey has reported a boom in its S’mores confectionery brand with additional 10 million sales of the popular treat being recorded compared against the previous year.
Business news, Cocoa & chocolate, New products, Sustainability
Marking some sweet celebrations for World Chocolate Day
It seems these days, there’s an international day for everything – and confectionery isn’t to be outdone with 7 July being that very occasion, marking World Chocolate Day.
Hershey invests $135 million expanding its Virginia production facilities
US major confectionery business Hershey is set to invest $135 million into expanding its manufacturing operation at Augusta County, Virginia, creating 110 new jobs.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Hershey extends its Cocoa For Good sustainability scheme
The US-based Hershey Company has moved to expand its Cocoa For Good venture, with a commitment to 100% direct-sourced cocoa in high-risk areas on its key African supply chains by 2025.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
US confectionery firm Hershey elects Victor L. Crawford to its board of directors
The Hershey Company has elected Victor L. Crawford to its board of directors, which was confirmed at the company’s recent Annual Stockholder’s Meeting.
Cocoa and Forests Initiative plants four million trees in drive against deforestation
Cocoa & Forests Initiative (CFI), has reported major progress towards ending deforestation in Ghana and Ivory Coast, with four million trees planted and a million farmers receiving training. Neill Barston reports.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Market focus: US confectionery sector faces key challenges amid coronavirus pandemic
The world’s biggest single confectionery market is always an interesting one to observe, but like all others, the US market faces a battle to recover from the effects left in the wake of coronavirus affecting the nation. Neill Barston reports
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability