Kellanova's Trading Volume Surges 91.37% to 347 Million, Ranks 283rd in Market

On May 27, 2025, Kellanova's trading volume reached 347 million, marking a significant 91.37% increase from the previous day, placing it at the 283rd position in the day's stock market rankings. Meanwhile, Kellogg's (K) saw a modest rise of 0.13%, extending its winning streak to two days with a cumulative gain of 0.51% over the past two days.

Kellanova's UK factory recently completed a groundbreaking demonstration project, using hydrogen gas instead of natural gas to power its toasting oven. This initiative, part of the government's HyNet Industrial Fuel Switching program, successfully produced popular cereals like Corn Flakes, Bran Flakes, Special K, and Rice Krispies using cleaner-burning hydrogen fuel. The project, funded through the UK Government’s £55m Industrial Fuel Switching Competition, highlights Kellanova's commitment to reducing greenhouse gas emissions and supports the country's Net Zero Innovation Portfolio.

Sam Bistiaux, vice president of manufacturing for Kellanova Europe, expressed excitement about the project, noting that it marks a significant step towards decarbonization and provides valuable learning opportunities for employees. The demonstration aligns with Kellanova's Better Days promise and its goal to reduce scope 1 and 2 greenhouse gas emissions by 63% across its European operations by the end of 2030. As of the end of 2024, the company has already achieved a 54% reduction in these emissions.

David Parkin, chair of the HyNet Alliance, praised the project's results, emphasizing the positive impact of hydrogen investment on industry and society. He highlighted the importance of businesses like Kellanova leading the way in exploring low-carbon fuels and contributing to the UK's journey towards net-zero carbon emissions. The successful demonstration is expected to inspire other food manufacturers to adopt similar decarbonization strategies, fostering a greener future for the industry.