hershey
Hershey records positive financial year due to strong US market
The US-headquartered Hershey Company has confirmed annual sales of $7,986.3 million for 2019, up by 2.5% for the year, attributed to strong domestic sales.
Ferrero rated by WWF as leading business for sustainable palm oil sourcing
Italian-founded confectionery group Ferrero has welcomed results of a WWF Palm Oil Buyers Scorecard, which rated the company as number one out of 173 sector businesses for its sustainable sourcing policies.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Barry Callebaut moves towards complete traceability of cocoa supplies in Ghana and Cote d’Ivoire
Swiss-headquartered Barry Callebaut has confirmed that it has established 100% farm traceability of its direct cocoa supply chain within Ghana and Cote d’Ivoire that are considered at risk of sourcing from protected forest areas.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Barry Callebaut shapes its Forever Chocolate ambitions
Operating the largest chocolate production facilities in the world poses a number of challenges, as Neill Barston found during an exclusive visit to Barry Callebaut’s facilities in Belgium
Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Hershey claims top spot in leading consumer satisfaction study
Confectionery businesses including Hershey that have moved to improve natural ingredients in its range, have emerged strongly in the latest annual American Customer Satisfaction Index (ACSI).
US confectionery and bakery sectors benefit from national tax cuts
Ed Zwirn, Keith Nuthall, and Sarah Gibbons report on the major revamp of tax systems in the US that are set to impact on the confectionery sector
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory
Growth for Hershey as US sales dominate its global business
US-based Hershey chocolate and confectionery group has posted net sales of $1.97 billion (€1.63 billion) for the first quarter of 2018, up 4.9% year-on-year.
Duravant acquires Ohlson Packaging
Equipment supplier Duravant has acquired Ohlson Packaging, a weighing, counting and filling machine manufacturer – a move which will expand its product portfolio in North America.
Hershey to buy Skinny Pop owner Amplify Snack
Confectionery major The Hershey Company has agreed to acquire Skinny Pop parent Amplify Snack for $1.6 billion, a move that should be applauded according to some analysts.
Chocolate producers set out plan to end deforestation
Top cocoa-producing countries Côte d’Ivoire and Ghana and chocolate and cocoa giants have announced Frameworks for Action to end deforestation and restore forest areas.
Hershey unveils fourth flavour with Gold bars
Confectionery giant The Hershey Company has announced the launch of Hershey’s Gold bars, the fourth flavour in the brand’s 22-year history.
Investigation links chocolate to destruction of national parks
Chocolate products produced by major brands have been linked to the destruction of national parks and protected areas, a new report claims.
Top five news articles of 2016
As 2016 nears to a close, Confectionery Production looks at the top news articles to appear online during the year. Among the top five was the launch of Barry Callebaut’s new chocolate solution, job cuts at Hershey, as well as a look at the packaging trends set to impact the global market in 2017.
Hershey promotes Buck to CEO
Confectionery giant The Hershey Company has promoted chief operating officer and executive vice president Michele Buck as its next president and chief executive officer.