hershey
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
Global sugar confectionery markets projected to increase over the next five years
Sales of sugar confectionery, including toffee, boiled sweets and marshmallow, are projected to reach $69.5 billion by 2026, according to new research published by Polaris Market Research.
Industry report reveals blockchain could assist tackling deforestation
A report from Lumina Intelligence has highlighted potential for technology to address blind spots that have allowed land degradation and forest clearing to persist despite the chocolate industry’s push for deforestation-free cocoa.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Brazilian confectionery companies shine at ISM
Brazilian confectionery companies participating at ISM 2020 achieved almost $4 million in closed deals, with an expectation of reaching almost US$ 24 million during the next year.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Sustainability
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).