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JB Foods to build new cocoa processing facility in Ivory Coast

Felicia Tan
Felicia Tan • 3 min read
JB Foods to build new cocoa processing facility in Ivory Coast
The new plant will complement the cocoa producer’s existing factories in Asia, says CEO Tey How Keong.
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SGX-listed JB Foods is expanding its cocoa bean processing facilities in Abidjan in the Ivory Coast with a new plant.

The company’s expansion plans in the country will see an initial investment of about EUR 60 million ($87.8 million) and the creation of employment opportunities.

The new cocoa bean processing facility will adopt the latest technology to produce premium cocoa ingredient products — namely, cocoa mass, butter and powder, including customised solutions capabilities, using renewable energy and employing responsible waste management processes, in line with the group’s sustainability framework and environmental, social and governance (ESG) roadmap.

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