Chocolate

Hershey said the deal would bring new distribution channels for its products

Hershey to acquire iconic Chinese confectionery firm

By Caroline SCOTT-THOMAS

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company (SGM) - and the remaining 20% in 2015.

Hershey places new requirements on its palm oil suppliers

Hershey ups palm oil pledge but Greenpeace wants more

By Oliver Nieburg

Hershey has committed to purchasing 100% traceable and sustainably-sourced palm oil by the end of 2014. Greenpeace has welcomed the move, but has reservations about timelines and terminology.

Petra Foods' branded consumer division has been propelled by new premium introductions that give better profit margins

Petra Foods buoyed by ‘vibrant’ Asian consumption in Q1

By Oliver Nieburg

Singapore-based Petra Foods has reported first quarter profit gains in its branded consumer division driven by rising chocolate consumption in markets such as Indonesia and the Philippines and improved margins by introducing more premium products.

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