Nestlé and Cargill partner to turn cocoa shells into low carbon fertiliser
The project will see Cargill supply cocoa shells to CCm Technologies, who in turn will manufacture fertiliser for two farms supplying Nestlé UK & Ireland.
Archives for September 11, 2023
News
Relevant environmental action headlines Givaudan flavour trends report
Flavours manufacturer Givaudan has published its latest FlavourVision trend report in partnership with consumer insights agency Canvas8.
J.M. Smucker on the cusp of closing $5bn deal to snap up Twinkies owner
The Dunkin’, Sahale Snacks and Uncrustables RTE sandwich-owner is purportedly nearing a deal to buy Hostess Brands, close sources have told the media.
M&As
Nestlé to acquire majority stake in Brazil’s premium chocolate company
Nestlé has announced an agreement with Advent International to acquire a majority stake in Grupo CRM, which owns more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands across the county, along with a strong and growing online...
Commodities
Ghana’s President raises cocoa farmgate price to combat smuggling and weak cedi
Ghana has announced a state-guaranteed cocoa price paid to its farmers of 20,943 Ghana cedi ($1,837) per tonne for the new 2023-2024 season – an increase of more than 63% in a bid to boost their income and prevent beans from being smuggled to...