News & Analysis on Chocolate, Candy and Cocoa
Manufacturing
Nestlé Confectionery has announced it plans to close its factory in Fawdon in north east England and streamline its production line in York - resulting in 573 job losses.
Coronavirus
The Cocoa Association of Asia (CAA) has announced it is postponing its conference that was due to take place from 4 to 5 November this year in Singapore due to the ongoing global health emergency following the COVID-19 outbreak.
Financial results
Mondelēz International has posted 7.9% revenue growth in the first quarter with improving performance in its emerging markets – after achieving double-digit growth in Cadbury Dairy Milk along with high-single growth in Oreo.
Dawn Foods has expanded its portfolio of vegan ingredients with the launch of a range of gelatine-free Fonds that are quick to dissolve and designed to stabilise cream and mousse products.