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Factory expansion: Barry Callebaut to double its cocoa grinding capacity in Ghana

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August 11, 2005
Overview

Zurich, Switzerland, August 11, 2005 – Barry Callebaut has decided to install a second cocoa grinding line at its factory in Tema, Ghana, thereby doubling its current capacity from 30,000 to 60,000 metric tonnes annually. The new grinding line is expected to be fully operational in August 2006.

Swiss-based Barry Callebaut opened its facility in Ghana in November 2001. The factory, which employs about 70 people and is ISO 9001 certified, processes locally bought cocoa beans into cocoa liquor and nibs.

“Over the last years we have been very pleased with our relationship with Ghana and, in particular, with the Ghana Cocoa Board. We therefore see this investment as proof of our continued commitment to Ghana and of our strategy to geographically diversify our sourcing activities further,” said Patrick De Maeseneire, Group CEO.

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Barry Callebaut With annual sales of more than CHF 4 billion for fiscal year 2003/04, Zurich-based Barry Callebaut is  the world's leading manufacturer of high-quality cocoa, chocolate and confectionery products - from the cocoa bean to the finished product on the store shelf. Barry Callebaut operates more than 30 production facilities in 23 countries and employs more than 8,000 people. The company serves the entire food industry, from food manufacturers to professional users of chocolate (such as chocolatiers, pastry chefs or bakers), to global retailers. It also provides a comprehensive range of services in the fields of product development, processing, training and marketing.

Fiscal year 2004/05 will close on August 31, 2005. Results for fiscal year 2004/05 will be published on November 10, 2005 (press conference and analysts' conference).

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Contacts    
For investors and financial analysts:  
Dieter A. Enkelmann, CFO  
Barry Callebaut AG  
Phone: +41 43 204 04 20 
Fax:   +41 43 204 04 00 
dieter_enkelmann@barry-callebaut.com 


For the media:
Gaby Tschofen
Barry Callebaut AG
Phone:  +41 43 204 04 60
Fax:  +41 43 204 04 00
gaby_tschofen@barry-callebaut.com