Olam recently opened a $75 million cocoa processing factory in the Ivory Coast that runs partly on waste biomass from cocoa shells as well as 72 solar panels. The facility boasts a grind capacity of 75,000 metric tons and will produce cocoa butter, cocoa cake and nib-roasted liquor.
Olam International is betting on Asia's soaring chocolate demand by building a $61 million cocoa-processing plant in Indonesia, its first in the continent. The new plant will have a capacity of 60,000 metric tons and will use Indonesian and West African beans to produce cocoa butter, cake and high-quality powders. The company, which purchases about 500,000 metric tons of cocoa a year, also operates facilities in Ivory Coast, Nigeria, the U.K. and Spain.
Olam International has opened its 70,000-metric-ton cocoa processing plant in the Ivory Coast and expects to operate at full capacity within two months. The plant will process beans into cocoa butter, cocoa liquor and cocoa cake. With a processing capacity of 500,000 metric tons, the Ivory Coast is the top cocoa grower and grinder in the world.
Barry Callebaut has joined with PT Comextra Majora on a joint venture that will establish a cocoa-processing facility in Indonesia with an initial grinding capacity of 28,000 tonnes when it opens in 2013. Barry Callebaut will own 60% of the new company, PT Barry Callebaut Comextra Indonesia; Comextra Majora will own 40% and will supply the cocoa beans under a long-term contract.
At the Barry Callebaut cocoa-processing plant in Ivory Coast, the company will to upgrade its grinding capacity from 105,000 tonnes yearly to 175,000 tonnes. A new factory will be launched to accommodate the additional output.