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Cocoa processing involves the conversion of cocoa beans into different forms such as cocoa liquor, cocoa butter, cocoa cakes and cocoa powder.
Cocoa Processing Company was founded in 1965 and incorporated in 1981.
This propelled Olam from an important, but relatively small player in cocoa processing, to the third largest cocoa processor, behind Barry Callebaut and Cargill.
This reflects the capital required for grinding, emulsifying and processing cocoa beans into cocoa powder, liquor, butter and other products.