date:Jul 16, 2014
ts unit of Petra Foods Ltd. in the country.
Shares Climb
Bean processors are adding facilities in growing areas to ensure supply, according to Yeong Chye, ADMs Asia cocoa managing director in Singapore, where capacity has quadrupled since 1984, when the plant opened. Cargill, based in Minneapolis, will start a 70,000-ton plant in Indonesia in the second half, its first in Asia.
Olam is starting a new facility in Ivory Coast this year and another in Indonesia in 2016, according to the company.