Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

Cargill completes US$100M cocoa processing expansion in Côte d’Ivoire, meeting growing customer demand for dark brown cocoa powders

04.11.2021 15:48 "Agro Perspectiva" (Kyiv) — Cargill has completed a $100 million expansion of its cocoa processing facilities in Yopougon, Côte d’Ivoire, a move that adds significant volumes to the company’s cocoa-grinding capacity. With this investment, the Yopougon facility is now the single largest cocoa-grinding plant in Africa.

The upgrades, which also included infrastructure enhancements and safety improvements, increased production capacity at the site by 50 percent, creating nearly 100 full-time, local jobs and hundreds of indirect jobs. Importantly, a significant share of the plant’s additional processing capacity will supply high demand, dark brown cocoa powders.

«Consumers, especially in Eastern European, Middle Eastern and African markets, are increasingly drawn to bakery and confectionery products with the strong, chocolatey visual appeal made possible by rich, deep brown cocoa powders,» said Niels Boetje, Cocoa managing director for Cargill’s Cocoa & Chocolate business. «With the new technology installed at our Yopougon plant, we’re now better equipped to supply the full range of our customers’ needs, from delicate light to intensely dark Gerkens® cocoa powders.»

While the Yopougon expansion was driven by unprecedented demand for Cargill’s cocoa and chocolate products, it also supports the company’s larger vision to transform the cocoa sector. As Harold Poelma, president of Cargill Cocoa & Chocolate explained, «This investment will serve as a catalyst for the establishment of a broader, local agri-food industry, as we shift a greater share of our global grinding activities to the countries of origin.»

By partnering with governments and other key stakeholders in West Africa, Poelma said Cargill aims to drive economic growth in cocoa-origin countries through the company’s cocoa-processing operations, sustainability activities and other collaborations. The Cargill Cocoa Promise, which is the company’s commitment to improving the lives of cocoa farmers and their communities while growing cocoa sustainably, helps support this wider goal.

As part of that commitment, Cargill will invest $13 million over the next year in expanded and new programing to create stronger, more resilient cocoa-farming communities in Côte d’Ivoire. This includes nearly $6 million to support farmer coaching and training efforts, alongside an additional $3.5 million aimed at expanding traceability projects in the world’s top cocoa-producing nation.

These efforts will include work to increase financial traceability to cocoa farmers in Cargill’s direct supply chain. To date, Cargill has linked more than 20,000 West African farmers to banks and mobile network operators. In the coming years, the company aims to connect 140,000 more cocoa producers to financial institutions, enabling direct, digital payments.

This information is fed into Cargill’s CocoaWise™ digital platform, making it possible to track in full detail how premium payments made by customers for sustainable-verified cocoa and direct sustainability projects are distributed and invested. Other aspects of traceability, including physical cocoa bean traceability using electronic tracking and impact transparency are also part of the CocoaWise platform.

Cargill’s activities in Côte d’Ivoire span more than two decades, including the opening of the Yopougon plant in 2000. Today, the newly upgraded facility produces cocoa powder, cocoa butter, liquid cocoa liquor and solid cocoa liquor, high-quality ingredients that are exported around the world.

Agro Perspectiva

< Record cereal production and trade but stocks set to decline All news for
04.11.2021
South Africa’s corn crop for the 2021/22 MY could once again top 16.0 MMT >

22.12.2024  
05:26 FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024
03:53 The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion
19.12.2024  
09:05 World coffee production for 2024/25 is forecast 6.9 million bags higher
18.12.2024  
23:11 China’s Expanding Coffee Consumption
17.12.2024  
22:37 Bangladesh Soybean Import Recovery Expected to Continue
14.12.2024  
21:03 World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million
13.12.2024  
09:11 U.S. Fresh Pear Exports Fall on Historically Low Harvest
10.12.2024  
21:03 Indonesia Grain Imports to Subside after 2023/24 Record
08:14 Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise
07:45 Cereal trade revised downwards amid weaker demand
02.12.2024  
23:17 Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition
22:56 Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative
01.12.2024  
03:30 EU agri-food trade slowed down in August 2024
26.11.2024  
00:06 Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million
24.11.2024  
04:43 During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy
04:15 Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President
22.11.2024  
10:15 South Africa Sugar Production and Exports Estimated Down
19.11.2024  
23:04 Global Olive Oil Production Forecast to Rebound in 2024/25
22:47 Vitalii Koval discusses Ukraine's European integration with European colleagues
16:06 EBRD, European Union and United States help Kyiv prepare for winter
18.11.2024  
09:21 Agriculture Development Strategy 2030 – a roadmap to the EU
09:19 Ukrainian farmers have sown 96% of projected winter crop area
01.11.2024  
20:31 Ukraine has officially joined the International Fund for Agricultural Development
20:29 Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds
25.10.2024  
22:50 Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses
21:04 Ministry of Agrarian Policy expects exports to rise in dollar terms
10:57 Ukrainian corn seed flows to Europe in further farm trade shift
24.10.2024  
23:02 Tree Nut Import Markets Highly Concentrated
23.10.2024  
11:18 Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea
15.10.2024  
09:35 Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025
11.10.2024  
23:33 China Cottonseed Imports Show Strong Demand in Recent Years
20:30 India Removes Rice Export Ban, Spurring Additional Trade
30.09.2024  
17:27 List of agricultural machinery with cost compensation expanded to 11,300 items
29.09.2024  
20:21 1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa
17:13 EU agri-food surplus increased in the first half of 2024
27.09.2024  
09:02 BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture
26.09.2024  
10:25 BASF sets new direction with corporate strategy and maintains high level of shareholder distributions
21.09.2024  
18:30 Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS)
17.09.2024  
09:52 Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America
08:44 FAO calls for G20 cooperation as hunger targets continue to elude
06:40 FAO sees open trade as a cornerstone of global food security
13.09.2024  
07:08 U.S. Soybean Meal Hits 10‐Year High for Export Sales
12.09.2024  
21:26 U.S. Corn Exports Buoyed by Large Supplies
11.09.2024  
04:30 Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract
06.09.2024  
11:35 FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices
10:34 Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers
05.09.2024  
09:23 PM: Plan to develop small generation facilities to reduce vulnerability to terrorism
30.08.2024  
05:03 Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy
19.08.2024  
12:00 OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES
16.08.2024  
17:10 Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2024 © Agrarika, ltd.
tel.: +380 67 4473802; +380 67 5964652
e-mail: client@agroperspectiva.com