Oreo maker Mondelez opens global innovation center in Jurong

Freshly-baked Oreo cookies pass along a conveyor belt at a factory in Suzhou, Jiangsu. Reuters

Mondelez International on Thursday opened a state-of-the-art facility in Jurong, as part of its efforts to foster growth and innovation.

Mondelez' Singapore Technical Center (STC) is part of the company's US$65 million investment in nine research, development, quality and innovation (RDQI) hubs in the world.

These hubs will improve speed, efficiency and effectiveness to help the snack giant meet consumer needs more quickly.

The STC will have nearly 75 experts - scientists, developers, engineers, analytical chemists and other specialists - from all over the world and the facility will be equipped with technical capabilities such as a pilot facility, a packaging creative studio and research labs.

Also Read: Singapore's Temasek weighing UOB's stake in Marco Polo

The Singapore facility joins five other technical centers that are already in operation: two in the United Kingdom, and one each in Poland, Brazil and the U.S.

Mondelez' Asia Pacific, Middle East & Africa portfolio includes biscuits, chocolate, gum, candy and powdered Beverages and meals. The company has over 30,000 employees working at more than 35 manufacturing sites across 26 countries.

The Nasdaq-listed company counts well-known brands such as Toblerone, Cadbury and Nabisco among its list of products.

Asia, West Asia and Africa, which constitute emerging markets for Mondelez, contribute nearly 30 percent to global revenue, second only to Europe, which gives 40 percent. North America contributes 20 percent, and Latin America, 10 percent.

This article was first published on February 1, 2018