The International Cocoa Organisation (ICCO) has updated its estimates for global Cocoa production, grindings and stocks for the Cocoa years 2020/21 and 2021/22. The Cocoa balance sheet for the year 2021/22 has been revised several times. The supply side estimate decreased by 67,000 tonnes to 4.823 million tonnes, about 1% below the previous bulletin’s estimate …
ICCO PUBLISHES NEW COCOA STATISTICS FOR NOVEMBER 2022 Read More »
Italian coffee roaster Lavazza offered to buy Maxicoffee, a French online marketplace of coffee-related goods and services. The amount of the purchase price is undisclosed. MaxiCoffee’s École du Café coffee school and its concept stores offer more than 8,000 items from over 350 brands of whole bean coffee, roasted and ground coffee and portioned coffee, …
LAVAZZA TO ACQUIRE FRENCH COFFEE RETAILER MAXICOFFEE Read More »
More than 300 domestic and foreign organisations from around the world recently participated in the eighth International Coffee and Chocolate Exhibition at the Riyadh International Convention and Exhibition Centre. The 5-day exhibition, which began on 29 November and ended on 3 December, was designed to attract investors, importers and individuals interested in new coffee and …
INTERNATIONAL COFFEE AND CHOCOLATE EXHIBITION CONCLUDES IN RIYADH Read More »
Globally, most coffee is consumed in Western countries, but Asian countries are quickly gaining ground as several coffee chains battle for dominance and attention in these growing markets. While Starbucks is still the leader in China, Tim Hortons is also rapidly opening its shops. The Canada-based company, called Tims China in the Chinese market, has …
The Philippine government intends to enforce laws banning agriculture and other disruptive human activities in the protected area of Mt Apo, the country’s highest mountain. The head of Mt Apo Nature Park, Shirley Uy, admitted that agricultural activities, especially coffee cultivation, have encroached on the protected mountain for years. The secretary of the Mindanao Development …
PHILIPPINE GOV’T BANS COFFEE CULTIVATION ON MT APO Read More »
Singapore-based tech-enabled coffee chain Flash Coffee reportedly laid off some of its employees in Singapore and Indonesia. A Linkedin post by a former employee cited “regional reorganisation and ongoing funding efforts” as the reason for job cuts across markets. As the company is backed by venture capital from investors in the technology industry, the restructuring …
FLASH COFFEE CUTS JOBS IN SINGAPORE, INDONESIA AS IT SEEKS TO RESTRUCTURE Read More »
On 22 November, campesinos (farmers) in Venezuela gathered in Caracas to demand that the government protect small and medium-sized farms. Most of the demonstrators came from the states of Lara, Portuguesa and Trujillo, the country’s main coffee producers. With wholesalers offering prices that are less than the cost of production, the demand is for the …
VENEZUELAN COFFEE FARMERS PROTEST, CALL ON THE GOVERNMENT TO ACT Read More »
Nespresso has partnered with sustainable packaging solutions provider Huhtamäki to launch compostable paper-based coffee capsules. The new line will initially be launched in France and Switzerland with the Nespresso Original System in early 2023 and is expected to be rolled out in several other European countries within a year. Pushing the boundaries of fine coffee …
NESPRESSO LAUNCHES NEW LINE OF HOME-COMPOSTABLE COFFEE CAPSULES IN 2023 Read More »
Premium Belgian chocolate brand Guylian has confirmed it will partner with Fairtrade America, which the company says marks a step towards more ethical trade for the company. The new deal will see the chocolate company use 100% Fairtrade Cocoa in its US confectionery lines, with the new products clearly labelled as Fairtrade to distinguish them. …
GUYLIAN TO USE FAIRTRADE MARK COCOA IN US CHOCOLATE PRODUCTS Read More »
Westrock Coffee Company, an Arkansas-based integrated coffee, tea and extract services provider, has reported its financial results for the third quarter that ended on 30 September 2022. Sales increased 27% to a total of $230.3 million. Growth in single-serve coffee volumes and green coffee price increases were the main drivers of the improvement. However, a …
WESTROCK COFFEE REPORTS STRONG GROWTH, BUT HIGHER LOSSES IN Q3 2022 Read More »
Smile Compostable Solutions has signed a material sales agreement with Pod Pack International, a major manufacturer of single-serve coffee and tea pods and cups. The agreement aims to demonstrate the convenience of Smile’s turnkey capabilities as “the only fully certified compostable pod system”. Pod Pack’s customers will have more environmentally sustainable options thanks to Smile …
SMILE COMPOSTABLE SOLUTIONS AND POD PACK INTERNATIONAL AGREE SALES PARTNERSHIP Read More »
The new Starbucks Reserve Empire State Building store officially opened on Wednesday, 16 November. The coffee shop spans three floors and 23,000 square feet and promotes community through interactive workshops, guided tasting flights, speciality coffees and cocktails, and an expanded artisanal menu of Princi food. Starbucks Reserve locations are designed to spotlight our exquisite Starbucks …
EXCLUSIVE STARBUCKS BRANCH OPENS IN EMPIRE STATE BUILDING Read More »
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