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GLOSSARY<br />
BarryCallebaut<br />
Annual Report2010/11<br />
A ACTICOA<br />
Aprocess developed by Barry<br />
Callebaut which conserves to avery<br />
high degree the polyphenols naturally<br />
present in the cocoa bean, that may<br />
otherwise be destroyed during the<br />
chocolate production process.<br />
B Butter<br />
Refers to cocoa butter,the fat of<br />
the cocoa bean.<br />
British Retail Consortium (BRC)<br />
BRC is one of the five food safety<br />
standards recognized by the Global<br />
Food Safety Initiative,aplatform that<br />
groups global retailers and a large<br />
number of food manufacturers.<br />
C<br />
Cocoabutter ratio<br />
Price of 1tonne of cocoa butter<br />
relative to the price of 1tonne of cocoa<br />
beans.<br />
Cocoapowder ratio<br />
Price of 1tonne of cocoa powder relative<br />
to the price of 1tonne of cocoa<br />
beans.<br />
Combined cocoaratio<br />
Combined sales prices for cocoa butter<br />
and cocoa powder relative to the<br />
cocoa bean price.<br />
Compound<br />
Consists of ablend of sugar,vegetable<br />
oil, cocoa liquor, powder and other<br />
products. Vegetable oil is substituted<br />
for cocoa butter to reduce the product<br />
cost and to develop special melting<br />
profiles.<br />
Conche<br />
Alarge tank with apowerful stirring<br />
device inside that kneads the chocolate<br />
mixture slowly over along time.<br />
Contact with air, heat and friction results<br />
in several different physical and<br />
chemical processes, necessary for the<br />
final taste and mouthfeel of the chocolate.<br />
Controlled Fermentation<br />
Barry Callebaut developed away to<br />
“control” and optimize cocoa fermentation.<br />
With the so-called Controlled<br />
Fermentation method, defined microorganisms<br />
provide aconsistent, predictable<br />
and 100% “superior grade”<br />
cocoa bean quality.This in turn leads<br />
to improved flavor characteristics,zero<br />
default cocoa beans, enhanced levels<br />
of functional components (e.g. flavanols),<br />
and improved processability.<br />
Criollo<br />
Criollo is known as the prince among<br />
cocoa trees.This variety is fragile and<br />
produces small harvests. It grows<br />
primarily in South and Central America,<br />
and accounts for only 10% of the<br />
world crop.The cocoa has apale color<br />
and aunique aroma. It is used in the<br />
production of high-quality chocolate<br />
and for blending.<br />
D<br />
Dark chocolate<br />
Dark chocolate is chocolate that<br />
contains more than 43% cocoa solids<br />
coming from cocoa liquor, butter and<br />
sugar.This is the chocolate most often<br />
used for premium chocolate confections.Besides<br />
cocoa ingredients it contains<br />
sugar,vanilla, and often lecithin.<br />
Drying<br />
After fermentation, the beans still<br />
contain 60% moisture, which must be<br />
reduced to 8% or less in order to<br />
ensure optimum conservation during<br />
storage and transportation. Drying<br />
can either be done by spreading the<br />
beans out in the sun or by placing<br />
them on aheated surface or by hot air.<br />
Thorough drying avoids the formation<br />
of molds.<br />
Dutching<br />
Atreatment used during the making<br />
of cocoa powder in which cocoa solids<br />
aretreated with an alkaline solution to<br />
neutralize acidity. This process darkens<br />
the cocoa and develops amilder<br />
chocolate flavor.<br />
E EBIT<br />
Operating profit(Earnings Before<br />
Interest and Taxes).<br />
EBITDA<br />
Operating profit before depreciation<br />
and amortization (Earnings Before<br />
Interest, Taxes, Depreciation and<br />
Amortization).<br />
F Fairtrade<br />
TheFairtrade Labelling Organizations<br />
International (FLO) arranges<br />
direct contracts with thousands of<br />
small manufacturers, traders, importers<br />
and exporters of foodstuffs, and<br />
ensures that they are paid a higher<br />
price for their products. Barry Callebaut<br />
is certified by the FLO-CERT to<br />
produce a range of Fairtrade cocoa<br />
and chocolate products.<br />
Fermentation<br />
Fermentation is a delicate stage in<br />
cocoa bean processing. Beans and<br />
pulp are heaped in piles,covered with<br />
banana leaves or put in boxes and left<br />
to ferment for several days. During<br />
fermentation, the beans lose their<br />
natural bitterness and astringency.<br />
Flavanol<br />
Aspecific type of polyphenol, known<br />
for its antioxidant activity.<br />
Forastero<br />
Forastero are the most commonly<br />
grown and used cocoa beans. Compared<br />
to Criollo,Forasteroisastronger<br />
tree that is easier to cultivate and<br />
produces larger yields.They make up<br />
about 90% of the world’s production<br />
and are grown mainly in West Africa.<br />
The cocoa has apungent aroma.<br />
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