Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn up from US$1.37bn in 2013. B...
Barry Callebaut plans to focus more on integrating recent acquisitions and supply deals this year than buying businesses or striking more su...
Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn up from US$1.37bn in 2013. But with local players dominating the scene thanks to their knowledge of local tastes and the ability to offer cheaper options, international players looking to get in on the action may struggle. Hannah Abdulla explores
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa and sugar prices have continued to fall. Katy Askew takes a look at some of the major developments on the commodities markets over the past 12 months.
Since selling its consumer units over the last few years, business-to-business chocolate maker Barry Callebaut has been treading a new path focused on its "core" business with industrial and artisanal customers. Michelle Russell caught up with Barry Callebaut marketing director for Western Europe, Sofie De Lathouwer at this year's ISM confectionery show in Cologne to find out more about its strategy for growth.
Singapore-based chocolate maker Petra Foods has announced it is to change its name to Delfi Limited.
Petra Foods, the Singapore-based chocolate maker, revealed that it plunged into the red during 2015 as one-time expenses and lower sales hit the bottom line.
Singapore-based chocolate group Petra Foods blamed lower third-quarter sales and earnings on weak consumer sentiment in Indonesia, the drag presented by currency exchange and one-time items.
This week, Orkla pledged zero-deforestation by 2020. Elsewhere, United Biscuits opened its first e-commerce store in China. just-food spoke to CEO of American Halal Co., Adnan Durrani following the firm's recent acquisition in the plant-protein space and Givesco Bakery acquired cake maker Almondy. Here is the week in quotes.
Acquisitive Nomad Foods, which has snapped up one frozen food business in Europe and is set to buy another, this week confirmed it is eyeing possible deals in the sector in the US. Meanwhile, in emerging markets, Hershey is to go it alone in Brazil and Kellogg is to invest in R&D in India.
This week, Emmi reported a rise in first half profits on the back of stronger margins while Petra's profit suffered as a result of a slowing economy in Indonesia. We also took a look at what the easing of trade sanctions in Iran could mean for international food makers. Here is the week in quotes.
Petra Foods, the Singapore-based confectioner, has pointed to the slowdown in Indonesia, its largest market, after profits fell in the first half of the year.
Petra Foods has said it will exit its loss-making Singapore distribution business to focus on “key markets”.
TreeHouse Foods first quarter sales surged – but the US food group cut its forecast for annual earnings. Inventure Foods revealed the devastating impact of the listeria recall. Meanwhile, Petra Foods commented on the slowdown in the Indonesian economy and weaker consumer sentiment. Here is just-food's weekly results round-up.
This week, Nestle lost a trademark infringement case in Singapore over its Kit Kat product. Arla Foods pulled out of the race to acquire Arab Dairy and Unilever decided to separate its ailing spreads business into a stand-alone unit. India hit the headlines frequently, with Britannia Industries "pioneering" the online exclusive launch of its new biscuit product before it hits traditional stores, and with Fererro re-thinking its plans for its business in the country.
Nestle has lost a case against Petra Foods in Singapore alleging the local confectioner's Take It chocolate wafer product infringed its intellectual property rights.
Singapore-listed Petra Foods reported lower earnings from its consumer foods business in the third quarter as sales slipped and costs rose.
Singapore-based confectioner Petra Foods has booked a fall in half-year profits thanks to currency fluctuation, although it said underlying earnings were higher.
Chocolate make Barry Callebaut is reportedly planning the closure of its Zaandam office in the Netherlands.
Petra Foods has suffered a net loss for the first quarter of 2014.
Barry Callebaut has booked an increase in first-half sales and earnings, boosted by the contribution of the cocoa business it acquired from Petra Foods last year.
Singapore-based confectioner Petra Foods attributed increases in full-year sales and earnings at its consumer foods business to investment behind its brands.
Nestle is taking legal action defend its Kit Kat trade mark from alleged violations by IFFCO's Tiffany Break brand in South Africa.
Singapore-based confectioner Petra Foods has taken its M&A dispute with Barry Callebaut to arbitration.
Petra Foods, the Singapore confectioner, has reported higher third-quarter profits as it starts life as a consumer-facing business after selling its cocoa ingredients arm.
Business-to-business chocolate giant Barry Callebaut today (7 November) revealed a drop in earnings in its full-year but reaffirmed its mid-term financial targets.
Barry Callebaut and Petra Foods are in a row over the price the Swiss chocolate giant wants to pay for the Singapore chocolate firm's cocoa business.
US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.
Barry Callebaut has opened a cocoa facility in Indonesia through its venture with local exporter P.T. Comextra Majora.
The CEO of Petra Foods has insisted the Singapore-based confectioner is in "an ideal position" to capitalise on opportunities in Asia in the wake of the sale of its cocoa ingredients arm to Barry Callebaut.
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