Agri-food giant Bunge will buy a controlling stake in edible oils and fats supplier Walter Rau Neusser Öl und Fett in a bid to continue growth in Europe
Bunge has developed a patented trans-free bakery shortening without the hydrogenation process in reaction to consumer concern over ‘hydrogenated’ oils on the label, its innovation director says.
Raisio sells margarine business to Bunge for €80m
Raisio is to sell its margarine portfolio to Bunge, a move that will allow it to focus on its grain business and give it a powerful new partner for its Benecol plant stanols brand.
Q1 profits more than double at Bunge
Bunge reported a 70 percent increase in sales revenue for Q1 2008
over Q1 2007, as it reaps the benefits of rising commodity prices
coupled with global demand that is not likely to ebb anytime soon.
Bunge eyes further profit push in 2008
Bunge posted a 71 percent increase in full year earnings amounting
to $44bn on the back of strong global demand for its edible oils
and commodity products, a pattern it expects to continue into 2008.
Bunge sees earnings double in Q3
Bunge, a supplier of agricultural and edible oil products to the
food industry, today reported that earnings more than doubled in
its third quarter on the back of strong market conditions.
Brazil mill buy puts Bunge on sugar production map
Agri-giant Bunge is making its first entry into the sugar and
sugar-derived ethanol market with an agreement to acquire a sugar
mill and ethanol production facility in Brazil.
Bunge extends foothold in US
Agricultural and food ingredient firm Bunge has increased its
foothold in the soybean processing industry with the announcement
of the recent service agreement concerning a US soybean processing
Joint venture to build Chinese soybean plant
A new soybean processing plant is to be built in China through a
partnership between the state and a US company.
Bunge Q2 profits soar, edible oils still volatile
Agricultural and food ingredient firm Bunge has reported solid
growth in its second quarter and half year performance, indicating
that the firm could be getting back on track after a difficult
Bunge invests in new China soy plant
Agro firm Bunge is to expand its soy presence in China, announcing
today the establishment of a joint venture to construct a new
soybean processing plant in the country.
Bunge eyes edible oil sector consolidation
Bunge appears set to consolidate its position in the edible oils
market in order to meet growing demand amongst Eastern European
consumers and processors.
Bunge bullish after challenging year
Ingredients firm Bunge has continued to see an improved performance
in its last quarter, prompting the company to forecast a year of
"improved earnings" next year.
Bunge reorganizes to promote growth plans
Oilseed processor Bunge has appointed new leaders to a number of
its business units as part of a general reorganization strategy
designed to support the company's growth plans.
Bunge revises guidance for 2006 after "challenging" Q2
The world's biggest oilseed processor Bunge has announced a
revision of its net income guidance for full year 2006, after Q2
was more challenging than expected.