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Thursday, July 18, 2024

Mondelez Kinh Do, Green Connect sign deal to promote circular economy business

By Le Hoang

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HCMC – Mondelez Kinh Do and Green Connect have signed an MoU to jointly launch the “Upcycle food waste into free-range chickens and eggs” project. The project is aimed at converting organic waste into nutrient-rich organic fertilizer for plants and produce feed that serves as an abundant source of protein for livestock, poultry and aquatic products.

Given organic waste currently accounting for 75% of total waste nationwide and being burned or buried, leading to energy waste and environmental pollution, it is important to find a sustainable solution that focuses on upcycling food waste rather than simple disposal for landfills.

To help cope with the issue, the social enterprise Green Connect has applied digital and bio technology in agriculture and the environment, including implementing the Larva Yum project that uses black soldier fly larvae to process organic waste into nutrient-rich organic fertilizer.

Through this partnership, Mondelez Kinh Do provides a seed funding of US$30,000 for Green Connect to develop the project, which will be carried out in the 2022-2023 period.

With the fund, Green Connect is expected to increase its waste treatment capacity from 500 kilograms per day to 30 tons per day (equivalent to 5,400 tons in the second half of 2022), thereby being able to produce from 3,000 to 5,000 free-range chicken eggs per day and help reduce the cost of free-cage eggs.

The project also allows Green Connect to collect food waste from Mondelez Kinh Do’s Binh Duong plant with a volume from five tons per month for processing into animal feed.

“As an enterprise pursuing sustainable growth, Mondelez Kinh Do has made constant efforts to promote environmental impact reduction and waste treatment. We support the sustainable model of Green Connect’s Larva Yum project to help our partner achieve its goal of waste recycling.

This meaningful project will also contribute to promoting the circular economy, help create long-term value for businesses, the environment, the society, and more importantly, help us to reach Mondelez Kinh Do’s long-term goal of becoming a sustainable snacking company in Vietnam,” said Bui Khanh Nguyen, Country Manager, Corporate and Government Affairs, Mondelez Kinh Do Vietnam.

Huynh Hanh Phuc, CEO and Founder of Green Connect, shared, “I believe that the use of more cage-free chicken eggs in its production will inspire many other factories and chicken farms in Vietnam to follow suit. The Larva Yum project is expected to inspire many local movements to upcycle trash into more valuable materials via the circular economy approach.”

Mondelez Kinh Do is part of Mondelēz International, Inc., a global leading snacks company. In Vietnam, it operates in three locations with more than 3,000 employees, including the head office in HCMC, two plants in the southern province of Binh Duong and the northern province of Hung Yen.

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