advertisement

Mondelez invests in sustainable cocoa facility

CHICAGO - Mondelez International Inc. Wednesday opened its state-of-the-art cocoa crop science technical center in Pasuruan, Indonesia. The center enables Mondelez, one of the world's largest buyers of cocoa for chocolate, to develop and promote better cocoa farming practices.

The technical center is an important step in the company's mission to secure a sustainable future for high-quality cocoa, Mondelez said.

"Cocoa is at the heart of chocolate, and demand is growing, with Asia set to become the second-largest consumer of cocoa ingredients. Mondelez International is determined to meet that demand in the right way by creating a thriving cocoa sector," said Maurizio Brusadelli, executive vice president and president, Asia, Middle East and Africa for Mondelez International.

With 2019 net revenues of approximately $26 billion, Chicago-based Mondelez owns brands such as Oreo cookies, Cadbury Dairy Milk and Toblerone chocolate.

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.