Barry Callebaut: Cocoa Horizons sustainability initiative successful in Côte d'Ivoire
(Thomson Reuters ONE) -
Barry Callebaut AG /
Barry Callebaut: Cocoa Horizons sustainability initiative successful in Côte
d'Ivoire
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.
Farmer cooperatives using Barry Callebaut's advanced fermentation technique
recognized for delivering higher volumes and quality cocoa
· Patented fermentation technology delivers "zero-defect" beans with better
taste properties - overall volume could double in 2012/2013
· Farmers who use the advanced technique earn a premium for their beans
· Barry Callebaut expands fermentation method in Côte d'Ivoire, Cameroon
and Indonesia under its Cocoa Horizons global sustainability initiative
Zurich/Switzerland, May 30, 2012 - Barry Callebaut, the world's leading
manufacturer of high-quality cocoa and chocolate, has recognized five farmer
cooperatives in the Bas-Sassandra region of Côte d'Ivoire as the top producers
of superior quality cocoa beans using Barry Callebaut's advanced fermentation
technique. By applying the patented technique, farmers can produce cocoa beans
with no defects or off-flavors in significantly less time than by conventional
fermentation methods. The beans are fully traceable to the respective grower's
farm.
Over the two-year period from 2010/11 to 2011/12, the participating farmers
continually expanded their use of the technique, and today more than half of the
cocoa supplied by the cooperatives is produced using Barry Callebaut's advanced
fermentation method. The cooperatives are paid a premium for this superior
quality cocoa compared to average prices for conventionally fermented cocoa.
The achievements of the cooperatives were celebrated at a ceremony and community
festival, sponsored by Barry Callebaut, in Bas-Sassandra in March 2012. Speakers
included representatives from the regional Department of Agriculture, the
national rural development agency ANADER, and local government.
"The cooperatives are doing an outstanding job and showing significant year-on-
year improvements," said Nicholas Camu, Group Manager Cocoa Horizons at Barry
Callebaut. "Farmers are highly motivated to use the technique when they see with
their own eyes the superior quality of the cocoa fermented in this manner.
Seeing really is believing." The company estimates the volume of beans produced
with its fermentation method to double in 2012/13.
All five cooperatives are members of Barry Callebaut's flagship sustainability
program in Côte d'Ivoire - Quality Partner Program (QPP) - launched in 2005. The
cooperatives enrolled two years ago in what started as a research trial by the
company's global Research & Development (R&D) department to assess the impact of
using its advanced technique to control the cocoa fermentation process.
With the successful adoption of the fermentation technique by farmers in the
field and increased interest from cooperatives, Barry Callebaut expanded its
Controlled Fermentation programs in Côte d'Ivoire and launched new programs in
Cameroon and Indonesia as part of its recently announced Cocoa Horizons global
sustainability initiative. The company will invest CHF 40 million over 10 years
to boost farm productivity, increase quality and improve family livelihoods in
key cocoa producing countries in West and Central Africa as well as in Indonesia
and Brazil.
In keeping with its goal to transfer successful research results into innovative
products, Barry Callebaut in 2011 launched Terra Cacao(TM) chocolate made from
"zero-defect beans" from Côte d'Ivoire. Terra Cacao(TM) is produced using the
company's advanced fermentation technique, and has won several innovation
awards.
***
Barry Callebaut (www.barry-callebaut.com):
With annual sales of about CHF 4.6 billion (EUR 3.6 billion/USD 5.0 billion) for
fiscal year 2010/11, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finished chocolate product. Barry Callebaut is present in 27 countries, operates
around 40 production facilities and employs a diverse and dedicated workforce of
about 6,000 people. Barry Callebaut serves the entire food industry focusing on
industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two global
brands Callebaut(®) and Cacao Barry(®). Barry Callebaut is the global leader in
cocoa and chocolate innovations and provides a comprehensive range of services
in the fields of product development, processing, training and marketing. Cost
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its broad range of
sustainability initiatives and research activities, the company works with
farmers, farmer organizations and other partners to help ensure future supplies
of cocoa and improve farmer livelihoods.
***
Contacts
for investors and financial analysts: for the media:
Evelyn Nassar Pilar Wolfsteller
Head of Investor Relations CSR Manager
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 05 86
evelyn_nassar(at)barry-callebaut.com pilar_wolfsteller(at)barry-callebaut.com
The complete press release can be downloaded from the following link
PRR_CF.Cooperatives_E:
http://hugin.info/100441/R/1615699/515108.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut AG via Thomson Reuters ONE
[HUG#1615699]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Mindoro Proposes Major Restructure of Philippines AssetsDatum: 30.05.2012 - 10:01 Uhr
Sprache: Deutsch
News-ID 151080
Anzahl Zeichen: 6805
contact information:
Town:
Zurich
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 320 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Barry Callebaut: Cocoa Horizons sustainability initiative successful in Côte d'Ivoire"
steht unter der journalistisch-redaktionellen Verantwortung von
Barry Callebaut AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
