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German confectioner Haribo restructures its plants in France in order to strengthen its workforce in the US. The company will reduce the number of workers in France by 100 to 650 by 2018. Haribo France and US chairman Jean-Philippe André mentioned if the agreement will not be implemented, one of the two plants in France…
Symrise AG has joined nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD). Symrise is a global supplier of fragrances, flavorings, cosmetic base materials and substances as well as functional ingredients. WBCSD is proud to welcome global flavor and fragrance supplier Symrise as its newest member. Symrise…
The Danish emulsifier/stabilizer manufacturer Palsgaard announces that the company has become the first industrial company to achieve CO2-neutrality at its Mexican plant, thereby ticking off yet another production site on its to-do-list for achieving its planned global zero-carbon footprint by the end of 2020. Palsgaard Mexico has been working actively to achieve its goal since…
One of Barry Callebaut’s primary goals in Forever Chocolate is to lift more than 500,000 farmers out of poverty. To get there, the company improves farm productivity and increases the yield of high-quality cocoa. Doing this will enable farmers to sell their cocoa at higher prices and gain access to a better quality of life.…
Symrise AG, Holzminden/Germany exceeded its targets for the fiscal year 2016. The Company benefited from strong demand across all segments and regions, increasing its sales by 12 % (local currency: 16 %) to € 2,903.2 million (2015: € 2,601.7 million). Normalized earnings before interest, taxes, depreciation and amortization (EBITDAN) grew by 9 % to € 625.2 million (2015: €…
A tropical storm hit Madagascar last week. It was one of the most powerful storms in the last 13 years. Barry Callebaut provides immediate assistance to support local farmers on the ground. From Tuesday to Friday last week, powerful tropical cyclone Enawo hit Madagascar and crossed the island from North to South, with strong winds,…
Italian confectionery giant Ferrero acquires US-premium-chocolatier Fannie May. The US-company runs 80 stores and their brands Fannie May and Harry London can also be bought in classic retail. Fannie May runs a production in Ohio and employs 750 people. The acquisition is expected to be closed by the end of May.
US chocolate confectioner Hershey has started a new supply chain efficiency program which cost almost 15 % of its workforce. The program is called margin for growth. The job cuts will take place mainly in overseas older plants. Hershey will reduce the workforce by about 2,700 jobs to achieve a margin goal of 22 to…
Australian food and packaging machinery supplier tna has announced to acquire the specialist for mogul plants NID. Tna-CEO Alf Taylor said that NID fits perfectly into the tna-portfolio. NID was found in Hans Arthur Faerber in 1952. Over the years NID installed over 600 mogul plants worldwide. “The integration of NID into the tna family…
New study shows the road to make cocoa a sustainable and high yielding crop is still long. Even with the support of an increasing amount of sustainability projects, most cocoa farmers in Côte d’Ivoire still live far below the poverty line. A new study executed by the French Development Agency (AFD) and Barry-Callebaut, the world’s…