Amsterdam — Cargill, Inc. is investing more than $113 million to expand tis cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana, the supplier reports.
The investment in Ivory Coast will increase capacity by 50 percent, with a significant share of the additional processing ability being devoted to making Gerkens deep rich brown cocoa powders because of high customer demand, according to Cargill. Investments in Ghana will increase processing capacity by 20 percent.
The company is also investing some $12 million during the coming three years to expand sustainability and supply chain traceability programs in both countries, with the aim of enhancing safety and well-being of children and families in cocoa growing communities and provide a more transparent, traceable cocoa supply chain, Cargill reports.
“The best way to achieve sustainable business practices is by working through partnerships with governments and other stakeholders who know what works for their local communities. That way both parties can do what they do best and together achieve a real transformation,” says Aedo van der Weij, managing director of Cargill’s cocoa and chocolate business in Ghana.