In a statement, group MD and CEO Brandon Tay said it also aimed to increase market share in the supply of cocoa ingredients leveraging on the enhanced cost competitiveness from its entry into Ivory Coast.
PETALING JAYA: Cocoa grinder Guan Chong Bhd
is banking on its upcoming processing facility in Cote D’Ivoire (Ivory Coast) to serve as a launchpad to boost its export markets, especially in Europe.
The world’s fourth largest cocoa grinder said its new facility would see the group’s operations expand to a major cocoa beans producing country, and enable it to grow its market presence into Europe, given the close proximity and similar time zone.
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