date:May 27, 2014
International agribusiness Olam International Limited (Olam), has announced that it will be investing US$61 million to establish a new cocoa processing facility in Indonesia.
Olam, which is based in Singapore and has businesses that operate across the value chain in 65 countries, said the project will enable it to leverage the strength of its Indonesian cocoa sourcing network and participate in the growth of Asian cocoa consumption.
With an initial capacity of 60,000 metric tonnes, the facilit