ADM Co. announced that it will expand its cocoa processing capabilities at its facility in Singapore. As part of the expansion, ADM will add and upgrade processing equipment in order to increase productivity and production capacity to meet growing demand for cocoa products in the Asian market.
“The expansion of our operations in Singapore marks an increased investment in Asia, which is an important market for our cocoa business,” said Yeong Chye, managing director, ADM Cocoa Asia, in the press release. “The goal of the project is to increase efficiency and production capacity to support ADM Cocoa’s strategy of expanding cocoa powder volumes and becoming the preferred global provider of cocoa and chocolate solutions.”
The facility in Singapore is currently host to an ADM Cocoa Advantage Center, a technical and R&D resource where customers can collaborate directly with ADM experts on product formulations and applications. The expansion project will begin in early 2012, with completion anticipated in the fall of 2012.