Hershey looking to remove lead, cadmium from chocolate -CFO
Updates headline; adds company statement
By Jessica DiNapoli
HERSHEY, Pennsylvania, March 23 (Reuters) -Hershey Co HSY.N is looking to reduce "trace" amounts of lead and cadmium in its chocolate, chief financial officer Steve Voskiul told Reuters on Wednesday, after Consumer Reports found that some dark chocolate bars had potentially harmful levels of the heavy metals.
Consumer Reports, a nonprofit consumer group, tested chocolate bars including those made by Hershey late last year and found that some of them contained possibly harmful levels of lead, cadmium or both for people who eat more than one ounce per day.
The trace amounts of the metals found in some chocolate are "below any recommended level, any standard," Voskuil said, adding that lead and cadmium are elements in soil and can naturally occur in the product.
"Depending on where you source, you may get relatively more lead or cadium in West Africa versus South America, but in both cases it’s a naturally occurring ingredient," Voskuil said.
"We would love to eradicate it completely and continue to look for opportunities in the process, is there more we can do there," he said on the sidelines of the Reese's makers' investor day.
A company spokesperson said "given the natural occurrence of minerals, it’s difficult to completely eliminate them from agricultural ingredients."
Consumer Reports found that Hershey's Lily's extremely dark chocolate 85% cocoa bar was high in lead and cadmium. Its Hershey's Special Dark mildly sweet chocolate and Lily's extra dark chocolate 70% were also high in lead according to the report.
Voskuil said the manufacturing and cleaning process for cocoa beans removes the "vast majority" of lead and cadmium.
Hershey is "evaluating" if it can remove more of the metals through additional cleaning of cocoa beans or alternate sourcing, he said.
"Despite the cleaning process we’re also always looking, are there other things we can do to reduce it even lower," Voskuil said.
Hershey faces multiple lawsuits from consumers who claim the chocolate maker should have disclosed the levels of heavy metals, and that they would have paid less for or not bought the products had they known.
Reporting by Jessica DiNapoli in Hershey, Pennsylvania; additional reporting by Jonathan Stempel in New York
Editing by Marguerita Choy and Susan Fenton
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
