Olam

Olam delivers improved half-year growth, with ingredients achieving steady results

The Olam Group has reported an improved financial position from its half-year results, recording revenues of $28.4 billion across its portfolio, with results up 24.6% year-on-year, with its agricultural business driving three quarters of its growth, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability

Focus: Fast rising cocoa business Twenty Degrees Cacao

Seeking out some of the most richly diverse strains of cacao in the world is offering Leo Palmer a hugely rewarding challenge. Having spent several years working in Ecuador, he has gained a wealth of key insights into production processes that are serving him well with the creation of his latest venture. Neill Barston reports

Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability

Olam International agrees $90 million deal for Indonesia’s BT Cocoa

Olam International has signed a $90 million deal to acquire Indonesia’s Bumitangerang Mesindotama (BT Cocoa), the country’s largest business in the sector, building on major growth within the Asian market.

Business news, Cocoa & chocolate, Ingredients, Packaging

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.

Business news, Cocoa & chocolate, Sustainability

Events

Tue

10

Dec

Choco Tec

The bi-annual Choco Tec event is set to return to Koelnmesse’s conference centre in Cologne, Germany, showcasing key developments across the value chain of the confectionery sector, which Confectionery Production has continued to play a supporting role. Visit choco-tec.com

Sat

18

Jan

Sigep World

Having newly rebranded as Sigep World, the major event for the foodservice sector is set to place a significant spotlight on developments across the bakery, confectionery, gelato and pizza market segments. The event, held in Rimini, Italy, has traditionally offered a strong platform for its domestic businesses, but is attracting a growing number of international participants.

Sun

19

Jan

The SFA Winter Fancy Food & Confection Show

The Winter Fancy Food Show offers trend-setting makers, buyers, and distributors a first look at the products, flavors, and ideas set to reshape retail shelves and menu listings across the country and the world.

Sun

2

Feb

ISM & ProSweets

ISM returns for 2025 celebrating the global confectionery company, with new products from around the world, as well as highlighting the latest trends and developments for the global confectionery and snacks markets. Its companion show, ProSweets, is set to once again showcase the best in equipment, systems and ingredients for the segment. Confectionery Production will be on hand to report live as a media partner. See ism-cologne.com

Tue

4

Feb

Chocoa

Chocoa is set to offer a host of key cocoa and chocolate presentations and displays of new products from across the sector, with sustainability being a core consideration for the event, as the industry continues to grapple with notable challenges. The show, taking place in Amsterdam, forms part of a week-long series of industry celebrations.

Wed

19

Mar

World Cocoa Foundation Partnership Meeting

The World Cocoa Foundation’s latest partnership meeting is being staged at a notably challenging point for the sector, which is amid a particularly turbulent period of supply chain challenges that will come under the microscope during the event.

Being held in Sao Paulo, the meeting will feature some of the sector’s most respected names, offering insights into how combined solutions can be formed for the industry’s future.

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