Kenya coffee prices decreases by 6% as production increases

KENYA – Kenya’s coffee prices at the Nairobi Coffee Exchange (NCE) dropped marginally by 6% due to decline in supply of good quality coffee from Eastern Kenya, reports Business Daily. According to the NCE, a 50 kg kilogramme bag on average declined by 6% to US$ 188.34 (Ksh19,300) from a previous performance of US$200.05 (Ksh…

Barry Callebaut sources 44% of cocoa beans in supply chain sustainably, report

SWITZERLAND – Barry Callebaut’s new Forever Chocolate sustainability report shows that 44% of cocoa beans and other ingredients inits supply chain are sourced sustainably. The Forever Chocolate Progress Report highlights sustainability initiatives undertaken by the cocoa producer and grinder in the fiscal year 2017-18 and it shows an increase in sustainably sourced cocoa beans compared…

Barry Callebaut acquires Burton’s chocolate manufacturing assets in UK

UK – Leading cocoa and chocolate producer, Barry Callebaut has completed the transaction to acquire Burton’s Biscuit Company’s chocolate manufacturing assets in the UK. The company has also entered long-term agreement for the supply of over 12,000 tonnes of chocolate and compound per year to Burton’s Biscuit Company. The acquisition involves chocolate manufacturing assets of…

Symrise unveils tea and coffee flavors for dairy applications

GERMANY - The flavours and fragrances company, Symrise has developed a new collection of specialty coffee and tea flavours that find applications in dairy products including milkshakes, yogurts and ice cream. According to the company, the new range provides unique and full indulgence, authentic taste achieved through innovations around recent customer tastes and preferences. The…

Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is an accelerator and incubator programme that enables start-ups and established corporations to optimise ideas, products, people and investments in the…

Barry Callebaut forms partnerships for slave-free cocoa sourcing

NETHERLANDS - Barry Callebaut, Dutch supermarket chain, Albert Heijn and the Dutch confectionery company Tony’s Chocolonely have formed a strategic partnership to set chocolate industry standards with an aim to end child labour and slavery in chocolate sourcing. The partnership also aims to raise industry standards to enhance a more enabling working environment along the…

Starbuck’s Taste Holdings revenue falls 3% to US$34m in the half year

SOUTH AFRICA - Taste Holding, the South African operator of Starbucks has incurred an operating loss of US$6.37 million and revenue dropped 3% to US$34.33 million for the half-year to End-August, impacted by strained consumer spending, reports Business Day. The company’s said operating losses and reduction in revenue will force it to restructure its investment…

Rwanda to secure ready market for coffee and tea in China

RWANDA - Rwanda is set to expand its market for coffee and tea into China following the Chinese ambassador pledge to open market into their country, reports The New Times. Speaking during a visit to Rwanda Farmers Coffee Company, the Chinese Ambassador in Rwanda, Henry Rao Hongwei assured Rwandan coffee and tea producers of a…

Rwanda invests in climate information project to boost farming

RWANDA - Rwanda has set out US$674,220 to fund a new project that will focus on providing climate change information service and promote disaster risk reduction to farmers in the country, according to New Times. According to Desire Kagabo, the project leader, the initiative will be developed within a 21 months’ period and upon completion…

Barry Callebaut and Garudafood extends supply partnership in Indonesia

INDONESIA - Barry Callebaut, one of the world’s largest cocoa producer has signed a long-term agreement with food and beverage company, Garudafood, extending their supply partnership in Indonesia. As part of the agreement, Barry Callebaut will supply another 7,000 tonnes of compound chocolate per year to Garudafood’s biscuit factory in Rancaekek, Bandung, with the deliveries…