MAKASSAR, INDONESIA and ZURICH, SWITZERLAND--(Marketwired - Sep 3, 2013) - Enhancing
manufacturing footprint in fast-growing Asian markets
* Joint venture company P.T. Barry Callebaut Comextra Indonesia opens USD
million (CHF 31 million / EUR 25 million) facility to meet growing
demand in Asia
* Broad network of local Asian cocoa and chocolate factories puts Barry
Callebaut's production assets very close to its customers
* Barry Callebaut to expand its "Cocoa Horizons" sustainability
the world's leading manufacturer of high-quality cocoa and chocolate
today celebrated the inauguration of its new, joint cocoa processing
Makassar. For this, Barry Callebaut created a joint venture with P.T.
Majora, a diversified soft commodities trader and a leading exporter of
from Indonesia as well as a long-standing business partner of Barry
as announced in November 2011. Barry Callebaut owns 60%, and P.T. Comextra
Majora 40% of the joint venture company P.T. Barry Callebaut Comextra
The USD 33 million (CHF 31 million / EUR 25 million) cocoa factory in
will have an initial annual grinding capacity of 30,000 tonnes, which is
supported by a long-term bean supply agreement with P.T Comextra Majora.
Reinforced manufacturing footprint, closer to customers
Following the recent acquisition of the cocoa business from Singapore-based
Petra Foods, Barry Callebaut is further enhancing its manufacturing
fast-growing Asian markets: Besides the newly built Makassar site, the
has 4 other cocoa and 4 chocolate factories in the region. With this
Barry Callebaut is able to produce very close to its customers - both local
global food manufacturers in Asia-Pacific.
Asia-Pacific - fast growing demand and important source of cocoa beans
As Asian economies grow, demand for high quality cocoa and chocolate
also increases. It is expected that Asian demand for cocoa powder products
grow by 5-9% annually in the coming years; chocolate volume growth is
to increase by 4-6% in the same period - much higher than the respective
rates in other parts of the world.
With 13% of the world crop, Indonesia is the world's third largest cocoa
country. The new factory in Makassar is ideally located on Sulawesi Island,
where most Indonesian beans are grown, thus reducing logistics costs.
Juergen Steinemann, CEO of Barry Callebaut, said: "The new facility in
built jointly with our partner P.T. Comextra Majora opens new cocoa
possibilities and further strengthens our overall manufacturing footprint
Region Asia-Pacific. Together with earlier investments and the recently
cocoa factories from Petra Foods in Asia, we are able to offer the best
structure and support in a region where demand for quality cocoa and
products is growing rapidly."
Partnership between two leading companies
According to Jimmy Wisan, CEO of P.T. Comextra Majora and President
of the joint venture P.T. Barry Callebaut Comextra Indonesia, the
a natural extension of the long-standing business relationship with Barry
Callebaut. He commented: "Our businesses complement each other and the
partnership will harness the strengths of both companies. Barry Callebaut
be responsible for the operations and will purchase the manufactured
while P.T. Comextra Majora will supply the new facility with cocoa beans
long-term supply agreement."
Securing a sustainable cocoa supply from regions outside West Africa
Barry Callebaut is dedicated to maintaining and contributing to a
cocoa supply chain. For this, Barry Callebaut is expanding its
activities to include Indonesia. The company already started to roll out
global sustainability initiative "Cocoa Horizons" in the region.
Besides its own activities, Barry Callebaut established the Combat Grakindo
Foundation together with P.T. Comextra Majora in 2012, a joint local
sustainability initiative to provide training to cocoa farmers in Central
Sulawesi. Barry Callebaut is also a member of the Cocoa Sustainability
Partnership (CSP), a public-private forum started in 2006 for stakeholders
actively engaged in cocoa development initiatives in Indonesia.
P.T. Comextra Majora (www.comextra.com):
P.T. Comextra Majora, a leading exporter of cocoa and cashew kernels from
Sulawesi, Indonesia, is a long-standing trusted business partner of Barry
Callebaut and has a proven track record as a premier Indonesian bean
P.T. Comextra Majora has been the main supplier of Indonesian cocoa beans
Barry Callebaut for many years. Jimmy Wisan, CEO of P.T. Comextra Majora,
as President Commissioner of the new company, P.T. Barry Callebaut Comextra
Barry Callebaut (www.barry-callebaut.com):
With annual sales of about CHF 4.8 billion (EUR 4.0 billion / USD 5.2
in fiscal year 2011/12, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate products - from sourcing
transforming cocoa beans to producing the finest chocolate, including
fillings, decorations and compounds. Combined with the recently acquired
ingredients business from Petra Foods, Barry Callebaut generates estimated
annual sales of CHF 6 billion (EUR 4.9 billion / USD 6.4 billion), runs
50 production facilities worldwide, sells its products in over 100
employs a diverse and dedicated workforce of more than 8,000 people.
Barry Callebaut serves the entire food industry, from industrial food
manufacturers to artisanal and professional users of chocolate, such as
chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The
global brands catering to the specific needs of these customers are
and Cacao Barry(®).
 See also previous announcement of November 18, 2011: "Barry Callebaut
P.T. Comextra Majora enter into joint venture in Indonesia".
 Source: Euromonitor.
The complete news release and photos can be downloaded from the following
Factory View 2:
Press Conference Presentation:
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut via Thomson Reuters ONE