cocoa
Latest cocoa powder offering from Cargill
Cargill has launched its new Gerkens CT70 cocoa powder, aimed at creating consumer preferred bakery products by exceeding their expectations in aroma and chocolate taste.
Rainforest Alliance calls on developers to help cocoa farms
The Rainforest Alliance has launched the Ag-Tech Developer Challenge, a competition to create a remote sensing data product to support the mobile-enabled FDPs on cocoa farms.
Using the optimistic mindset – further strengthening trust
Last year, at the World Cocoa Conference in Berlin, The German Initiative on Sustainable Cocoa and the Swiss Platform for Sustainable Cocoa discussed the latest issues affecting the industry. At this year’s ISM, they met again to look at what progress has been made, with a particular focus on giving farmers a living wage.
Olam plans multi-billion investment in its global operations
Global food and agri-business Olam International (“Olam”) today announced its 2019-2024 strategic plan which will see investment of over $3.5 billion into strengthening its business operations in response to consumer trends.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Ethical chocolate company, Tony Chocolonely arrives in the UK
Dutch ethical chocolate company Tony’s Chocolonely has launched its products on the UK market for the first time.
Cargill celebrates a decade of sustainability and innovation in Ghana
Cargill’s cocoa & chocolate business commemorates its 10th anniversary in Ghana by announcing plans for future investment and farmer support.
Olam records lower profits amid trading challenges
Olam International, the global cocoa and ingredients business, has reported a third quarter dip in profits, down 14.2% to $20.7 million and nine month profits down 13.6% to $272.6 million, which it attributed to ongoing challenging trading conditions.
Barry Callebaut posts annual growth despite market challenges
Barry Callebaut’s annual results have posted a 0.1% increase in sales revenue, to CHF 6.9 billion, and a net 31% rise in profits, to CHF 357.4 million, supported by growth in key global markets. Neill Barston reports
Business news, Cocoa & chocolate, New products, Sustainability
Key extension of Mondelēz International’s Cocoa Life sustainability scheme set for Brazil
Mondelēz International has unveiled the expansion of its global cocoa sustainability initiative, Cocoa Life, in Brazil, aiming to create empowered and thriving cocoa farming communities, by helping farmers to become more profitable and stable with their production.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Mars forms partnership with Benson Hill Biosystems for cocoa productivity scheme
The Mars, Incorporated group is undertaking a joint venture project with crop improvement business Benson Hill Biosystems, aiming to enhance productivity and climate resilience of the cacao trees, that are essential for confectionery.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Supporting key cocoa growing nations remains of critical importance
During the past couple of years, there has been a notable trend for businesses across the confectionery sector becoming increasingly mindful of sustainability issues.
Mars Wrigley intensifies the battle for production sustainability
The announcement by Mars Wrigley Confectionery on its decision for a $1 billion package of support to assist African cocoa growing communities is a definite step in the right direction.
Olam remains optimistic despite drop in half-year profits
Global ingredients supplier Olam has reported profits of $251 million €217m) for the first half of 2018, down 13.6% year-on-year.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Italian confectionery market optimism despite economic challenges
Being home to some of the most renowned confectionery names in the industry has meant Italy has cherished its position among market leaders. Neill Barston reports on 2018’s progress.