Mondelez
Canvas Category OEM : Food
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2021 net revenues of approximately $29 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index.
Assembly Line
Cocoa-Tech Company Celleste Bio Closes $4.5M Seed Round to Scale Production of Cell Cultured Cocoa
Celleste Bio, an early-stage cocoa-tech company, announced today the closing of a $4.5M seed financing round led by Supply Change Capital, with participation from Mondelēz International’s SnackFutures Ventures, Consensus Business Group, The Trendlines Group, Barrel Ventures and Regba Agriculture. Celleste will use the funding to accelerate R&D, infrastructure, and technological capabilities needed to pilot and scale production of its cell-cultured cocoa ingredients.
Celleste was founded in 2022 to meet the world’s rising demand for chocolate in the face of supply chain challenges created by climate change and outdated, conventional farming practices. Celleste uses a combination of AgTech, BioTech and AI computational models to grow 100% natural cocoa from one or two beans in optimal, controlled conditions, year-round.
Automated packaging tech helps streamline snack and bakery operations
Kellogg’s uses packaging automation to create efficient production lines with the capacity for high throughput volume. This entails using automation in areas where manual labor may struggle to keep up with rapid rates of product output. “Our automation systems handle tasks such as placing products into containers and transporting them to the end of the line, as well as filling unit loads and loading them onto trucks via forklifts. The product mostly remains untouched by human hands until it reaches the retailer,” says David Sosnoski, director of packaging engineering for salty snacks, Kellogg Co.
Robotics plays a significant role within Kellogg’s packaging automation initiatives, offering a diverse range of options, from basic and simple robots to advanced collaborative robots (cobots). “Cobots are designed to replace repetitive human tasks that do not require a larger, fully automated solution,” Sosnoski says. “They have proven valuable in filling the middle ground between tasks that are too complex for traditional automation but exceed human capabilities in certain areas.”
♻️ Amcor, Mondelēz International and Licella partner to promote circular economy
Leaders in the packaging value chain have today joined forces to further advance a circular economy for plastic packaging in Australia. Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, and Mondelēz International, Inc. (Nasdaq: MDLZ), the company with iconic snack brands Cadbury, The Natural Confectionery Company, Pascall and others, are investing in advanced recycling technology pioneer Licella in an important step towards ending plastic waste.
The investments announced today will help Licella progress construction of one of the first advanced recycling facilities in Australia. Licella will use its innovative Catalytic Hydrothermal Reactor (Cat-HTR™) technology to recycle end-of-life plastic back into a crude oil substitute suitable to produce new food-grade plastic packaging.