Archives for February 10, 2022

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GCB cocoa to build new UK chocolate factory

GCB cocoa to build new UK chocolate factory

By Gwen Ridler

Malaysian-owned cocoa manufacturer Guan Chong Berhad (GCB) has contracted Clegg Food Projects to convert the former Philips Avent facility in Glemsford, Suffolk into a ‘world-class’ cocoa and chocolate production factory.

Unilever and Arla UK brace for commodity cost hit

Financial roundup

Unilever and Arla UK brace for commodity cost hit

By Rod Addy

Unilever expects its commodity costs to rise by £3bn in 2022, claiming the price of soybean oil doubled in 2021, while Arla has predicted cost inflation will cause 'a slowdown in branded growth'.