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.