World Grain - June 2014 - (Page 76)

FEATURE DE Cto success ECCO'S path S ince its founding in 1886 by Filippo Giovanni De Decco, the De Cecco Group has utilized a simple recipe, high quality ingredients and the latest technology to give its customers premium pasta and food products. Using this simple formula and strong leadership by generations of the De Cecco family, the company has grown from one small pasta factory in Fara San Martino, Italy to a significant commercial presence in three Italian cities and an international presence in 87 countries with 120 markets served. De Cecco's total sales for 2013 were €411 million ($563.9 million), which represents a 10.18% increase from €373 million the previous year. The EBITDA for 2013 was €45 million, and the net profit was €7.5 million. De Cecco's commercial headquarters is now located in Pescara, Italy. The company's assets in Fara San Martino include plants, flour mills, offices and 13 pasta production lines with a daily production capacity of 500 tonnes. De Cecco's Ortona, Italy facilities include plants, offices and 11 pasta production lines with a daily production capacity of 450 tonnes. 76 by Meyer Sosland 128-year-old Italian company has expanded significantly through strategic vision and foresight In 2013, De Cecco's overall pasta production for the year reached 150,256 tonnes, an increase of 1.9% from 147,397 tonnes in 2012. In recent years, De Cecco has been growing both organically and through acquisitions. In 2011, the company acquired OJSC Moscow Furniture and Woodworking Industry Group, the second largest producer of pasta in the Russian market. The company has also experienced double-digit growth in France, the U.S., Belgium and the U.K. De Cecco's milling business precedes the founding of its June 2014 / World Grain /

Table of Contents for the Digital Edition of World Grain - June 2014

World Grain - June 2014
Table of Contents
From the Editor-in-chief - Urbanization sways future of food
Calendar of Events
Australian Grains Industry Conference
News Review - Wilmar, First Pacific to acquire Goodman Fielder
With CFP acquisition, Milner renamed Grain Craft
Smaller harvest drops GrainCorp profit 43%
CBH adds to executive team
Cargill completes Vietnamese feed plant expansion
Tiger Brands to mothball several Nigerian flour mills
ADM’s first-quarter earnings hurt by weather
ADM appoints oilseed vice-president
Alliance Grain results up in first quarter
Ingredion’s earnings drop on weather costs
African leaders urged to boost agriculture
Richardson increases canola capacity
Former president of James Richardson & Sons dies
The Andersons earnings up on ethanol, rail
Bunge reports loss in first quarter
Grain Market Review - Rice
Country Focus - Romania
Feature - Serving a Changing Market
Interflour’s growth strategy
The Flour Fortification Initiative
Feature - Canada in the spotlight
Next year’s event
Feature - A perfect storm
Feature - Grain Storage and Handling Projects
Feature - Opportunities and Challenges
Feature - Cereals Europe 2014
Feature - De Decco's path to success
Ownership structure
Feature - Global Grain outlook
Growth in livestock sector translates into more feed, protein demand
Rice Quarterly - Methods for stabilizing rice bran
Rice News Roundup - Group changes name to Food Fortication Initiative
India’s basmati exports to Iran slow
Thailand hopes for comeback in jasmine rice market
Gambia can produce 2 million tonnes of rice
Pakistan rice exports up 20.19%
Philippine farmers bring in post-typhoon harvest
Pakistan wants rice export re-examined
Feature - IAOM MEA celebrates 25 years
Grain Operations - Mycotoxin management
Technical Profile - Enhancing cozonac
Supplier News
Product Showcase
World Grain Archive
Ad Index/Reader Information Form International Faxback Program

World Grain - June 2014