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Bunge News

Bunge begins distributing and marketing fertilizer in North America

July 17, 2008 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it has created a business unit to distribute and market fertilizer products (NPK). Bunge will source the commodities domestically and internationally for sale to domestic dealers and co-operatives. [Full Release]

Bunge and Corn Products to combine

June 23, 2008 - White Plains, New York and Westchester, Illinois - Bunge Limited (NYSE: BG) and Corn Products International, Inc. (NYSE: CPO) today announced that they have entered into a definitive agreement in which Bunge will acquire Corn Products in an all-stock transaction. The aggregate transaction value is approximately $4.8 billion, including assumption of approximately $414 million of Corn Products’ net debt. [Full Release]

Bunge Names General Managers of North American Oils and Milling Units

December 05, 2007- St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it has promoted Rodney Perry to vice president and general manager of Bunge Oils and Todd Bastean to vice president and general manager of Bunge Milling. [Full Release]

Bunge to discontinue crush operations in Marks, Miss.

October 29, 2007 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it is discontinuing soybean processing operations at its plant in Marks, Miss. by the end of the year. The facility will remain open as a grain elevator and will expand its operations to include wheat and corn in addition to soybeans. [Full Release]

Bunge to coordinate shipments of all agriculture products from Georgia Ports Authority's facility at Port of Brunswick

September 25, 2007 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it has signed a cargo-handling agreement with the Georgia Ports Authority to coordinate shipments of all agriculture products through the Port of Brunswick’s Colonel’s Island Terminal. [Full Release]

Bunge mill in Chatham, Ontario to close

March 29, 2007 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it will close its corn mill in Chatham, Ontario in mid-May. [Full Release]

Bunge Hamilton, Ontario Plant to Process Canola

December 5, 2006 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it will resume canola operations at its oilseed processing plant in Hamilton, Ontario. Once the needed modifications are complete in December 2007, the plant will have the capacity to crush 240,000 MT of canola per year. The plant will continue to process soybeans. [Full Release]

Bunge North America names senior leaders in new organizational structure

November 21, 2006 - St. Louis, Missouri - Bunge North America, the North America operating arm of Bunge Limited (NYSE: BG), announced it has promoted five people as part of a company reorganization. Todd Bastean becomes general manager of the newly created Bunge Biofuels unit; Greg Bechtel is named general manager of Bunge Oilseed Processing; Rodney Perry becomes general manager of Bunge Milling; Bailey Ragan is named general manager of Bunge Grain; and Mike Snow is promoted to manager of the newly created industrial management department. [Full Release]

Bunge North America, Department of Justice announce Clean Air Settlement

October 26, 2006 - St. Louis, Missouri - Bunge North America announced that it has agreed to settle a complaint with the Department of Justice and the Environmental Protection Agency concerning emissions at 12 U.S. soybean processing plants and corn mills. The facilities are located in eight states that also participated in the settlement. [Full Release]

Bunge-Ergon Breaks Ground on Vicksburg Ethanol Plant

October 26, 2006 - Vicksburg, Mississippi - Gov. Haley Barbour, federal, state and local officials praised the launch of the first joint venture between an energy company and a agribusiness company to build the largest ethanol plant in the Deep South. [Full Release]

Bunge North America to expand crush capacity at Council Bluffs, Iowa Facility

October 23, 2006 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it is expanding the crush capacity of its soybean processing plant in Council Bluffs, Iowa, by more than 11 million bushels per year. When the expansion is complete by harvest 2008, the facility will have an annual crush capacity of nearly 77 million bushels, the largest in the United States. [Full Release]

Bunge North America Names Three Executive Vice Presidents

October 4, 2006 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG) announced it has promoted three people to the newly created positions of executive vice president, Bunge North America. Tim Gallagher, Larry Clarke and Fred Luckey were named to these positions which will focus on aligning Bunge North America’s businesses throughout the value chain. [Full Release]

Bunge North America and Biodiesel Investment Group to build Illinois’ largest biodiesel plant in Danville

September 21, 2006 - Memphis, Tennessee and St. Louis, Missouri - A Memphis-based investment group and a leading agribusiness firm are teaming up to build Illinois’ largest biodiesel plant in Danville. [Full Release]

Carlyle/Riverstone Renewable Energy Infrastructure Fund and Bunge North America to Build Ethanol Production Plants in the U.S.

September 8, 2006 - New York, New York - Carlyle/Riverstone Renewable Energy Infrastructure Fund I, L.P. (CRREIF) and Bunge North America (“Bunge”) announced today they will jointly build ethanol plants resulting in ultimate production capacity of several hundred million-gallons-per-year by the end of 2008. The plants will be adjacent to grain facilities controlled by Bunge in the U.S. CRREIF will be the majority owner of the facilities with Bunge retaining a minority interest in each plant. Financial terms were not disclosed. [Full Release]

DuPont and Bunge Broaden Soy Collaboration to Include Industrial Applications and Biofuels

August 29, 2006 - Amana, Iowa - DuPont and Bunge today announced the expansion of the companies’ soy collaboration beyond food and nutrition products to include industrial applications, biofuels and other opportunities. [Full Release]

Bunge North America, Inc. Announces Biodiesel Investment in Renewable Energy Group, Inc.

August 14, 2006 - St. Louis, Missouri - Bunge North America, Inc., the North American operating arm of Bunge Limited (NYSE: BG), today announced that it has made a minority investment in and entered into a strategic relationship with Renewable Energy Group, Inc. (REG) for the production of biodiesel. As part of the relationship, Bunge North America will supply raw material, risk management and logistics expertise critical to the growth and expansion of REG. [Full Release]

Southwest Iowa Renewable Energy, LLC and Bunge North America to build ethanol plant in Iowa

July 31, 2006 - Council Bluffs, Iowa and St. Louis, Missouri - Bunge North America, Inc., the North American operating arm of Bunge Limited (NYSE: BG) and Southwest Iowa Renewable Energy, LLC announced that they have agreed to build and operate a 110-million gallon per year ethanol production facility near Council Bluffs, Iowa. [Full Release]

AGRI-Bunge Agrees to Supply Proposed Ethanol Plant in Fulton, Ill.

July 5, 2006 - St. Louis, Missouri - AGRI-Bunge, LLC, a joint venture between AGRI Industries, a farmer-owned cooperative and Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG) announced that it has agreed to provide Fulton Ethanol LLC with services to support a proposed ethanol plant to be built in Fulton, Ill. [Full Release]

Proposed Ethanol Plant to be Largest in Southeast

May 1, 2006 - Jackson, Mississippi and St. Louis, Missouri - A Mississippi-based energy company and one of the nation’s leading agribusiness firms are teaming up to build the largest ethanol plant in the southeastern United States. [Full Release]

Bunge plans to expand operations in Nipawin, Saskatchewan

January 10, 2006 - St. Louis, Missouri - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG) announced it is expanding its oilseed crusher and oil refinery in Nipawin, Saskatchewan. When construction is complete in November 2007, the facility will have significantly increased the crush capacity and more than doubled its current refining capacity. [Full Release]