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SunOpta to up cocoa processing capacity

12-Mar-2013
Last updated on 14-Mar-2013 at 14:10 GMT

SunOpta plans to increase its cocoa processing capacity with a new facility in Middenmeer, Netherlands as it looks to grow its organic and specialty cocoa business to serve the specialty chocolate industry.

The facility near Amsterdam will be operated by a new subsidiary called Crown of Holland and will process internationally-sourced cocoa beans into cocoa liquor, butter and powder.

It will mean SunOpta’s organic and specialty cocoa products, which are currently processed by third parties, will now be processed in-house.

SunOpta expects the facility will have an annual processing capacity of approximately 9,000 MT of raw cocoa.

Gerard Versteegh, president of the SunOpta’s International Foods Group, said: "Vertically integrating into our own dedicated cocoa facility will allow us to have increased control over our business and expand our margins, especially as we increase throughput.”

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