Guan Chong to raise cocoa processing output

COCOA-DERIVED food ingredient maker Guan Chong Bhd, en route to a listing on Bursa Malaysia main board on April 8, is to increase its cocoa bean processing capacity, chief executive officer Brandon Tay Hoe Lian said. 

Annual capacity would be raised to 60,000 tonnes by the end of the year from the present 52,000 tonnes as demand for cocoa-derived products was likely to remain buoyant in the coming years, he said.