Cadbury Dairy Milk enhances sustainability profile with switch to recycled plastic packaging

UK –  Cadbury Dairy Milk made in Bournville and sold in the UK and Ireland is to be made with packaging containing up to 30% recycled plastic, a statement from Mondelēz International has revealed.   The transition to recycled packaging is expected to commence in 2022 with an initial rollout of the packaging innovation on more than 28 million sharing bars.   The shift, according to Mondelēz is part of a broader global commitment by the business to reduce the use of virgin plastic material in its overall plastic packaging portfolio by 5% by 2025,…

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Mondelēz debuts US$2.4B Green Bond Offering as Kraft Heinz pays SEC US$62m for accounting irregularities

USA – American multinational snack and food company Mondelēz International, Inc., has debuted the group’s first green bond, whose proceeds will be used to support the company’s key sustainability initiatives.   According to Mondelēz, the €2.0 billion (US$2.4 billion) bond will be the largest ever green bond in the Packaged Foods and Consumer Goods Industry.   The green bond issued by Mondelez International Holdings Netherlands B.V., a wholly-owned subsidiary of Mondelēz International, Inc., consists of €650m of 0.250% notes due September 2029, €650m of 0.625% notes due September 2032, and €700m of…

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Mondelēz to sell Dairylea and Philadelphia brands in recyclable packaging

UK – American multinational confectionery and snack food company Mondelēz International has announced that it will use recyclable packaging for its Dairylea and Philadelphia brands in the UK and Ireland from August 2021.   According to the company, the move away from non-recyclable material is part of the Pack Light and Pack Right strategy, which supports its vision of achieving 100% recyclable packaging by 2025.   Dairylea Lunchables will now use recycled plastic (rPET) in its packaging – “the result of a design optimisation project reducing the virgin plastic needed by 75% or approximately 276 tons per annum,” a company…

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Mondelez opens first Oreo Cafe to attract in person customers as Mars Wrigley debuts new M&M’s Crunchy Cookie

USA – American multinational confectionery and snack food company Mondelez International, Inc. has debuted its first Oreo Cafe in an effort to attract in-person customers.   The new café located in the American Dream retail and entertainment complex in East Rutherford, New Jersey has been described by Mondelez as “a new, immersive and personalized way for all fans and cookie lovers to experience Oreo in person.”  The new store offers retail items including Oreo cookie products and official merchandise but also features a treats bar where guests can enjoy shakes, sundaes, cheesecake, and more…

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Mondelēz, ADM post double digit profit growth in Q2 as markets recover from pandemic

US – American multinational confectionery and snack food company Mondelēz International and its commodity trading counterpart ADM have reported double-digit growth in their quarter 2 (Q2) profits, as businesses starts to recover from pandemic effects.   In its recently released financial results, Mondelēz International reported a 12.4% increase in Q2 net revenue mainly driven by recovering sales in emerging markets.  The owner of Oreo and Cadbury chocolate recorded revenues of US$6.64 billion in the quarter, which it says was driven by organic net revenue growth of 6.2%, a favourable currency, and incremental sales from the company’s acquisitions of Hu, Grenade, and Gourmet Food.  Net revenues…

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Löfbergs opens new coffee roastery in Sweden as Mondelēz invests US$59m in modernization of French bakery plant

EUROPE – Swedish family-owned coffee company, Löfbergs, has opened a whole bean roastery in Karlstad, Sweden to meet the rising demand for whole beans.   The new site built at a cost of US$23.3 million comes 115 years after the company was founded and follows a two-year building project.  According to a statement from the company, the new roastery has a capacity of 10,000 tons per year, with the potential to double production in the future.  The new facility will use a slow-roast method, with all the roastery’s energy supply coming from green sources, the company said. …

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Mondelēz partners with major food companies to support flexible plastic recycling in UK

UK –Mondelēz International together with other major food manufacturing companies such as Mars UK, Nestlé, PepsiCo and Unilever have come together to support flexible plastic recycling in the United Kingdom (UK). According to a statement from Mondelēz, the companies have set up a £1 million fund to help make flexible plastic recycling economically viable for recyclers and easier for consumers in the UK. To make flexible packaging a reality, the fund will collaborate with manufacturers, retailers and recyclers to give the material a stable value. This will, in turn, increase…

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Mondelēz to invest US$2bn in acquisition of European baked goods firm Chipita

GREECE – Mondelēz International, an American multinational confectionery and snack food company,  has agreed to acquire Chipita, a manufacturer of croissants and baked snacks in central and eastern Europe, for $2 billion. Based in Athens, Greece, Chipita manufactures a range of croissants and baked snacks – including cakes, biscuits and spreads – under its brands 7Days, Chipicao and Fineti. The company’s baked foods are produced in 13 manufacturing plants spread across Europe and distributed to more than 56countries. The Netherlands, Greece, Germany, Bulgaria, Austria, United Kingdom, Poland, Russia, Romania, Turkey,…

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Mondelēz posts 7.9% revenue growth in Q1 as Carlsberg celebrates a “good start to the year”

US – American multinational snack and food company Mondelēz International has reported 7.9% growth in first-quarter net revenue to US$7.24 billion, driven by organic net revenue growth of 3.8%, favourable currency and the impact of its acquisitions of Give & Go and Hu. The owner of Oreo and Cadbury snack brands says that part of the of the growth could also be attributed to the strong growth it experienced in emerging markets. Following a 0.5% decline in 2020, Mondelēz’s Asia, Middle East and Africa business delivered 16.2% growth in net…

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Mondelēz, Olam partner to advance sustainable cocoa farming in Indonesia

INDONESIA – US multinational snack and food company, Mondelēz International has partnered with Singapore based supplier of cocoa beans and cocoa ingredients, Olam Food Ingredients (OFI) to advance sustainable farming in Indonesia. The two companies have announced a new collaboration in Indonesia to create the world’s single largest sustainable commercial cocoa farm featuring advanced climate smart and plant science technology. The 2,000-hectare cocoa farm will be in Seram, the largest island in Maluku province in Indonesia. The model builds on Mondelēz International’s experience with the company’s signature sustainable sourcing program,…

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