The collaboration builds on a transaction finalised in March 2024, in which Repsol acquired a 40% stake in three Bunge Iberica industrial facilities dedicated to oil and biofuel production.
In 2024, Mondelez used 875,800 metric tonnes of packaging.
The new facility will focus on processing faba beans into high-quality, plant-based ingredients for the food and feed industries.
In Southeast Asia, rice farming contributes between 25-33% of the region’s methane emissions.
This marks the fifth consecutive year that Ülker has received the recognition.