Plant-based oil producer Bunge is launching a joint venture alongside Olleco, the cooking oils collection division of ABP Food. The companies plan to collaborate to create a business model that encompasses the 'full life-cycle' of edible oils.
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 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.
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, 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.
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 appears set to consolidate its position in the edible oils
market in order to meet growing demand amongst Eastern European
consumers and processors.
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.
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.
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.
Around a quarter of Bunge's soybean processing plants in Brazil
have been affected by farmers' protests in recent weeks, but the
situation looks to be returning to normal, said the company.
The world's biggest oilseed processor Bunge has announced a fall in
sales this year, as the company emerges from a "difficult
year," which saw profits hit by a "weak operating
environment" in Brazil.
Bunge, the biggest processor of oilseed in the world, was extremely
upbeat about its results yesterday, despite volatility in the
fourth quarter keeping profit back to five percent, writes
Philippa Nuttall.
Agribusiness Bunge last week announced the formation of an alliance
with Procter & Gamble and Peter Cremer North America to produce
and market cholesterol-reducing phytosterol ingredients for
pharmaceuticals and foods.
Improved margins and risk management tools help the world's biggest
oilseed processor Bunge more than double its profit for the third
quarter, despite a knock back from soybean trade in China.
Bunge, the world's leading oilseed processor, has extended its
presence in Eastern Europe with the completion of its new Derince
port facility in Turkey.
US-based agro-food giant Bunge says it is readying to resume production at its
newly acquired oilseed processing facility in southern Poland.
Bunge says that, tying in with Poland's accession to the EU, the
facility represents...
Bunge Europe, part of the US-based Bunge global agribusiness and
food company, has entered into a 50-50 joint venture with Estron
Corporation to build an oilseed crushing plant in the port of
Ilyichevsk, Ukraine.
Bunge, the world's leading oilseed processor, has extended its
presence in eastern Europe through a new joint venture with
Ukrainian firm Estron. The two companies will build a new oilseed
crushing plant strategically located...
Smart risk management moves guided the world's leading oilseed
processor Bunge to a massive 75 per cent rise in income for the
first quarter as the price of soybeans reached 15 year highs on
poor crop harvests last year.
Bunge Europe is continuing to increase its share of the edible oils
market in the region. The US-owned agro-food giant has announced a
significant increase in its share of the Romanian edible oils
market for 2003, following its recent...
The movement of US agri-giants onto European soil gathers pace with
Bunge, the world's leading oilseed processor, signing a €17.4m deal
on a bankrupt edible oils firm in the emerging market of Poland.
Mad cow disease, bird flu and a poor US soybean harvest failed to
rock quarterly profits for the world's largest oilseed processor
Bunge. But the company held back from rising future earnings
outlook because of market volatility.
Hot on the heels of weak third quarter results, US agri-giant Bunge
said on Tuesday that it has signed a definitive agreement to sell
its bakery business to US company Dawn Food Products for $76
million in a bid to focus on the core...
The rolling out of third quarter results today continues with a
slip in earnings for US agri-giant Bunge on the back of weaker
profits sorely felt in the agribusiness division.
Private agri-giant sells French oils company to joint European
venture following approval from the European Commission. The cash
back will be used to reduce debt.
Following hot on the heels of last week's announcement that net
income for the first quarter is set to exceed projections,
privately owned US agribusiness Bunge said yesterday that it now
owns 100 per cent of French oil processor...
The world's largest processor of soybeans, US company Bunge, said
on Tuesday that fourth-quarter net income had more than doubled,
reflecting the acquisition of French rival Cereol last year and
healthy growth across all its...
Two of the biggest names in US agriculture have joined forces to
create a new company focused on speciality ingredients, in
particular soy proteins and lecithins. DuPont will control the
company, dubbed Solae, with Bunge taking a...
Bunge, the world's largest oilseed processor, which recently
acquired a 55 per cent stake in rival French-based Cereol, said
yesterday that quarterly earnings rose sharply as a slump in the
Brazilian currency helped boost the...
Bunge, set to become the world's top soybean processor with the
acquisition of French rival Cereol, said on Monday that it expected
third-quarter earnings to rise at least 40 per cent over a year
ago, fuelled by the currency...
A move by US oil processor Bunge to purchase French oil seed
company Cereol looks set to push it into the number one slot, ahead
of Cargill, as the world's largest soybean processor. Ingredients
company Central Soya, a subsidiary...
