For this, Barry Callebaut created a joint venture with PT Comextra Majora, a diversified soft commodities trader and exporter of cocoa from Indonesia, as well as a longstanding business partner, as announced in November 2011.
Barry Callebaut owns 60%, and PT Comextra Majora 40% of the joint venture company PT Barry Callebaut Comextra Indonesia.
The cocoa factory in Makassar will have an initial annual grinding capacity of 30,000 tonnes, which is supported by a long-term bean supply agreement with PT Comextra Majora.
Following the recent acquisition of the cocoa business from Singapore-based Petra Foods, Barry Callebaut is further enhancing its manufacturing footprint in fast-growing Asian markets. Besides the newly built Makassar site, the company has four other cocoa and four chocolate factories in the region. With this network, Barry Callebaut is able to produce very close to its customers.
Juergen Steinemann, CEO of Barry Callebaut, said: “The new facility in Makassar built jointly with our partner PT Comextra Majora opens new cocoa sourcing possibilities and further strengthens our overall manufacturing footprint in our Region Asia-Pacific. Together with earlier investments and the recently acquired cocoa factories from Petra Foods in Asia, we are able to offer the best factory structure and support in a region where demand for quality cocoa and chocolate products is growing rapidly.”
Source: Barry Callebaut
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