The Hershey Company announced Cocoa For Good, its holistic cocoa sustainability strategy

Business

The comprehensive strategy addresses the most pressing issues facing cocoa-growing communities: poverty, poor nutrition, at-risk youth, and vulnerable ecosystems. Hershey seeks to bring positive change in these areas through collaborative programs, partnerships and significant investment, including a half-a-billion-dollar commitment by “A sustainable cocoa supply depends on a multi-stakeholder collaborative approach to find solutions to the…

Constantia Flexibles acquires Indian packaging group

Business

Constantia Flexibles Group has agreed to acquire a majority shareholding in the Indian film-based laminates producer Creative Polypack Limited. Financial details of the transaction were not disclosed and the transaction is expected to be completed in the coming weeks, pending regulatory approvals. Creative Polypack Limited is family-owned and was founded in 1986. It is expected…

Symrise – corporate report 2017

Business, Ingredients

Successful growth and corporate responsibility are not a contradiction for Symrise, but rather an obligation: The new Corporate Report “Unfolding Strengths” once again shows how the company succeeds in thinking long-term, acting sustainably and combining the interests of all stakeholders. The Sustainability Record As a globally operating company, Symrise actively contributes to the United Nations’…

Mondelēz International Foundation Launches Healthy Lifestyle Programs Covering 10 Countries

Business, Products and Marketing

The Mondelēz International Foundation today announced the launch of healthy lifestyle programs aimed at bringing nutrition education, active play and fresh foods to at-risk children and their families across 10 countries. This is part of the Foundation’s multi-year $50 million commitment to promote healthy lifestyles and address obesity. New programs in Argentina, Australia, Egypt, France,…

Crown opens new easy-open ends facility in Hungary

Business

To better serve its customers in Eastern Europe and across the continent, Crown Food Europe has opened a new easy-open end manufacturing facility in Nagykörös, Hungary, approximately 100 kilometers south of Budapest. The plant is comprised of two lines that manufacture 65mm and 73mm diameter ends. The facility runs in compliance with Crown’s high quality…

Mondelēz International Recommends Stockholders Reject ‘Mini-Tender’ Offer by TRC Capital Corporation

Business

Mondelēz International, Inc. has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 2.5 million shares of Mondelēz International common stock, representing less than 0.2% of shares outstanding. TRC’s offer price of $42.20 per share is approximately 4.4% below the closing price per share of Mondelēz International’s common…

Mondelēz International outlines priorities and reaffirms outlook at CAGNY

Business, Events

At the Consumer Analyst Group of New York (CAGNY) conference today, executives of Mondelēz International highlighted the company’s priorities for the year, including delivering its 2018 business plan with excellence and completing a comprehensive strategic business review designed to deliver sustainable shareholder value in the years to come. Chief Executive Officer Dirk Van de Put…