Chocolate

Mondelēz International Completes Sale Of Gum Business In Developed Markets

Mondelēz International has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti...

Ivory Coast Cocoa Sector Predicts More Smuggling As Farmgate Price Disappoints

Ivory Coast cocoa farmers and exporters believe the lower-than-expected price the world's top exporter fixed for their beans this season could fuel smuggli...

Retailer HEMA Joins Tony's Open Chain

Dutch variety retailer HEMA will join Tony's Open Chain initiative as it seeks to make its cocoa supply chain 100% 'slavery-free'.

Slow Progress On Ivory Coast Cocoa Sustainability Sparks EU Concern, Sources Say

The European Union is concerned top cocoa grower Ivory Coast is struggling to implement a sustainability drive needed for its beans to meet new EU standard...

Ivory Coast Expects 20% Drop In Cocoa Production In 2023/24, Sources Say

Ivory Coast's cocoa production is expected to fall by as much as 20% in the upcoming 2023/24 season compared to recent years due to poor weather, putting f...

Nestlé To Acquire Stake In Premium Brazilian Chocolate Firm

Nestlé has announced it is to acquire a majority stake in Grupo CRM, a premium chocolate manufacturer in Brazil, following an agreement with Advent...

Barry Callebaut Announces CHF 500m Investment Plan

Swiss chocolate maker Barry Callebaut said it would spend CHF 500 million (€522.8 million) over the next two years as part of a new strategic investme...

Soil Moisture Helps Ivory Coast Cocoa Main Crop Despite Poor Rains

Rains were below average last week in most of Ivory Coast's main cocoa growing regions but soil moisture content was still high enough to help strengthen t...