Mondeléz International
Mondelēz records strong quarterly growth boosted by key business acquisitions
Mondelēz International has posted a key upturn in financial results for its second quarter, with net revenues up 12.4% to $6.6 billion for the period, despite a backdrop of broader trading challenges, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Mondelēz completes closure of US Oreo cookie production site in New Jersey
Mondelēz International has completed its strategic move to close its Fair Lawn, New Jersey, US bakery site producing key Oreo lines, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
ICI studies evaluate child labour progress in West African cocoa supply chains
The International Cocoa Initiative (ICI) has furthered its work on analysing progress on industry’s Child Labour Monitoring and Remediation Systems (CLMRS), in core Ghanaian and Ivory Coast supply chains, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
UK wholesaler Hancocks reports significant spike in demand for US confectionery
UK confectionery wholesaler Hancocks has reported a key increase in demand for US sweets and snacks ranges, prompting it to expand its portfolio of offerings, writes Neill Barston.
Sustainability drive sees Mondelēz International switch sites to renewable electricity
Mondelēz International has made a key environmental move in switching six of its core UK confectionery and snacks manufacturing sites including its iconic Bournville headquarters, to 100% renewable electricity, reports Neill Barston.
NCA president John Downs hails key return of 2021’s Sweets and Snacks Expo
The president and CEO of the US National Confectioners Association (NCA), John Downs, has expressed confidence in this week’s Sweets and Snacks Expo in Indianapolis, as the nation continues to celebrate national candy month, reports Neill Barston.
Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Nestlé’s major health and nutrition review could pave the way for similar sector moves
Among the most notable breaking news stories of the past week has surely been that of Nestlé confirming it is to re-evaluate its health and nutrition strategy, after it emerged that two thirds of its ranges are not considered as being healthy.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Sustainability
Mondelēz delivers $2 billion deal for Chipita baked snacks business
A major deal has been agreed by Mondelēz International in securing a $2 billion acquisition of Chipita S.A, an established Greek-founded global business specialising in croissants and baked snacks, reports Neill Barston.
Mondelēz International releases its 2020 Snacking Made Right sustainability report
Delivering on sustainability targets has become increasingly significant for many key businesses within the cocoa and confectionery sector, including Mondelēz International, which has just released its latest Snacking Made Right 2020 report on its core areas of progress. Neill Barston examines its results
Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Mondelēz names nine US start-ups for its SnackFutures innovation venture
Nine ambitious US start-up businesses have been selected by Mondelēz International for its debut SnackFutures innovation and venture hub initiative, writes Neill Barston.
Cadbury encourages consumers not to buy its Dairy Milk and back UK chocolatiers
In a highly unusual move, Cadbury has urged UK consumers not to buy its Dairy Milk Bars for their next confectionery treat, and instead support local chocolatiers, who have been under particular pressure amid the pandemic, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz and Olam forge Indonesian venture for world’s largest sustainable cocoa farm
Confectionery and snacks group Mondelēz International and Olam Food Ingredients (OFI) are set to deliver a ‘game changing’ venture to create the world’s single largest sustainable commercial cocoa farm in Indonesia, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Mondelēz International acquires Grenade protein bar business
Mondelēz International is set to complete a deal for a majority interest in Grenade, a British-based performance nutrition firm within the fast-rising high protein bar segment, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Mondelēz International’s SnackFutures joins food waste initiative
Mondelēz International’s SnackFutures innovation and venture hub has joined the Upcycled Food Association (UFA), a non-profit organisation dedicated to preventing food waste by growing the upcycled economy.