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
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.
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
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
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...
As soyoil prices are hit 19 year highs, poor soybean harvests and
increased demand from China take their toll on the world's leading
oilseed processor with Bunge North America announcing that from
early this month it will idle...
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.