New Hershey CEO Confronts a Mountain of Challenges, Especially in Cocoa
Hershey’s board may just have found a fresh perspective by appointing a new CEO nearly a year ahead of Michele Buck’s planned retirement from the...
Tag : cocoa
Hershey Seeks Waiver from Cocoa-Related Tariffs
>Chocolate giant Hershey is actively pursuing an “exemption” from US tariffs on cocoa imports, as confirmed by the company’s management. In a recent discussion with...
Cargill Makes Significant Investment in Expansion of Netherlands Spray Facility
As manufacturers navigate rising cocoa prices, the demand for coatings and fillings has shown robust year-on-year growth. This ongoing trend has necessitated a site expansion,...
Global demand for specialty fats is surging.
Specialty fats and oils, also known as alternative fats and oils, are increasingly being utilized as substitutes for traditional confectionery ingredients like cocoa butter, butter,...
Swiss Cultivated Cocoa and Coffee Produced by a Food Brewer
Switzerland is renowned for its expertise in chocolate-making, with the Swiss being known for their affinity for cocoa-based treats. In fact, more chocolate is consumed...
How Nestlé is Enhancing Cocoa Traceability.
With sustainability being a top priority for policymakers, the European Union Deforestation Regulation (EUDR) deadline is quickly approaching. Chocolate manufacturers need to be prepared. Nestlé,...
Barry Callebaut secures €700 million in funding.
Barry Callebaut, the chocolate giant behind brands like Carma, Mona Lisa, and Sicao, recently announced a multi-million-dollar financing deal. This has raised questions about the...
Kokomodo supports cell-based cocoa as a solution to the cocoa crisis
Kokomodo, a newcomer in the food and beverage industry, is revolutionizing the chocolate sector with its innovative approach to cellular agriculture. The company believes that...
Cocoa Industry Leaders Advocate for Fair Pricing
In the food and beverage industry, the issue of fair prices for cocoa farmers has become a pressing concern. National governments aim to establish a...
European Union to Implement Ban on Goods Tainted with Forced Labour in Supply Chain, Including Cocoa
The European Union is currently considering a draft regulation that aims to establish an investigative framework for forced labor within companies’ supply chains. Members of...