Barry Callebaut today celebrated the inauguration of its new, joint cocoa processing facility in Makassar. For this, Barry Callebaut created a joint venture with P.T. Comextra Majora, a diversified soft commodities trader and a leading exporter of cocoa from Indonesia as well as a long-standing business partner of Barry Callebaut, as announced in November 2011. Barry Callebaut owns 60%, and P.T. Comextra Majora 40% of the joint venture company P.T. Barry Callebaut Comextra Indonesia.
The USD 33 m (€ 25 m) cocoa factory in Makassar will have an initial annual grinding capacity of 30,000 tonnes, which is supported by a long-term bean supply agreement with P.T Comextra Majora. Following the recent acquisition of the cocoa business from Singapore-based Petra Foods, Barry Callebaut is further enhancing its manufacturing footprint in fast-growing Asian markets: Besides the newly built Makassar site, the company has 4 other cocoa and 4 chocolate factories in the region.