Bunge Limited - food industry company news Bunge LimitedCompany news RSS feed

Bunge off to good start with Q1 growthUS: Bunge sees Q1 profit jump

26 April 2013

Agricultural commodities group Bunge has booked a 30% jump in first quarter operating profit, boosted by the "good start" made by its food and ingredients business.

US: Bunge names Schroder CEO on Weisser retirement

7 February 2013

Agri-giant Bunge has announced chief executive Alberto Weisser plans to retire at the beginning of June, to be replaced by the CEO of its North American arm Soren Schroder.

CANADA: Bunge appoints Gerrand Canada MD

21 January 2013

Bunge has appointed Karl Gerrand as MD of its Canadian operations.

SWITZ: Glencore International completes Viterra buy

19 December 2012

Commodity trader Glencore has said it wants to be a "true leader" in global grain trading after completing its acquisition of Viterra in a deal worth US$6bn.

US: Ex-Fonterra CEO joins Bunge board

5 December 2012

The former CEO of Fonterra has joined the board of directors of US agribusiness giant Bunge.

Editor's choice: the highlights on just-food last week

29 October 2012

A busy but fruitful week for just-food was dominated by the SIAL trade expo in Paris, where thousands of international manufacturers gathered to showcase products and discuss the challenges and opportunities facing them. Elsewhere, the UK unveiled plans to introduce a hybrid nutrition labelling system, Premier Foods plc pledged to "unlock value" from its bread division and French retailers Carrefour and Casino found their international operations in the spotlight.

On the money: Bunge expects consolidation in grain

26 October 2012

US agribusiness giant Bunge expects to be an active player in a process of consolidation in grain markets after recent volatility and crop failures in the sector.

US: Bunge earnings double as drought lifts sales

26 October 2012

Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices.

US: Bunge opens culinary centre

25 July 2012

Agribusiness giant Bunge has announced the opening of an ingredient innovation centre in the US.

Quote, unquote: just-food's week in words

8 May 2012

Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.

US: DuPont takes control of Solae from Bunge

1 May 2012

US chemicals group DuPont has acquired full ownership of soy ingredients maker Solae from joint-owner Bunge for around US$440m.

US: Bunge Q1 profits slide on fertiliser weakness

26 April 2012

US agribusiness Bunge has booked a drop in first-quarter profits as weak prices for fertiliser and its sugar-based ethanol hit earnings.

US: Bunge switches EMEA CEO

5 April 2012

US agribusiness Bunge has appointed a CEO of its Europe, Middle East and Africa to replace the retiring Jean-Louis Gourbin.

SINGAPORE/US: Singapore state fund buys Bunge stake

24 February 2012

Singapore's state investment fund has purchased a 5% stake in US agribusiness Bunge.

US: Bunge FY profits slide, caution for 2012

10 February 2012

US agribusiness Bunge has booked a drop in full-year profits and said that 2012 will "present some challenges".

INDIA: Bunge buys Amrit oils and fats unit

21 December 2011

US agribusiness giant Bunge is set to buy the edible oils and fats business of India's Amrit Banaspati.

BRAZIL/US: Bunge buys food brands from Hypermarcas

12 December 2011

US agribusiness Bunge has acquired three brands from Brazilian consumer products giant Hypermarcas.

Category crunch: Brazilian biscuit firms look to M&A, NPD to drive growth

6 December 2011

In part two of just-food's Category crunch on Brazil's biscuit sector, Paula Krizanovic argues that, with volumes slowing, acquisitions and product innovation will be key ways for local and multinational players to drive growth in a competitive market.

just the answer - Alan Chaytor, New Britain Palm Oil

30 November 2011

The use of palm oil in food manufacturing has risen dramatically over the last ten years, thanks to its versatility, low cost and high yields per hectare. This growth is predicted to continue but there are concerns about the deforestation the industry causes in tropical climates. In this month's just the answer, Sam Webb discusses the future of the industry, as well as the move towards ethical production with Alan Chaytor, executive director of sustainable palm oil producer New Britain Palm Oil.

The just-food interview - Solae CEO Torkel Rhenman

30 November 2011

Increased consumer interest in health and in the impact of their consumption on the environment is driving demand for soy ingredients supplier Solae, according to CEO Torkel Rhenman. He spoke to Dean Best at the Food Ingredients Europe exhibition about the outlook for Solae, which has hit the corporate headlines in recent months due to speculation over its future ownership.

UK: Unilever likely to sell staple food brands - Fitch

15 November 2011

Ratings agency Fitch has said it expects consumer goods group Unilever to offload individual food brands and focus on its fast-growing personal care business.

Best bits: Firms tackle economic gloom

7 November 2011

There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.

SINGAPORE: Bunge enters palm oil market

2 November 2011

US agribusiness Bunge has announced plans to form a joint venture with an Indonesian palm plantation.

US: Sugar losses sour Bunge Q3

28 October 2011

US agribusiness company Bunge has seen its net income tumble in the third quarter following a loss-making performance from sugar.

US: DuPont, Bunge "studying options on Solae"

16 September 2011

The owners of soy ingredients maker Solae have reportedly started to examine the options for the business.

BRAZIL: Bunge ploughs cash into Brazilian sugar

19 August 2011

Bunge Ltd, the world’s second-largest sugar trader, plans to invest US$2.5bn in Brazil over the next five years to boost output of sweetener and ethanol.

US: Potential job cuts at CF Sauer following Bunge sale

16 August 2011

Uncertainty surrounds the future of CF Sauer Co.'s margarine assets following its sale to US agribusiness Bunge.

Editor's choice: the highlights on just-food this week

29 July 2011

just-food's insight pages were full of interviews and analysis this week. As Auchan's Sun Art Retail Group venture listed in Hong Kong, we looked at the growth of China's hypermarket sector. Our food retail coverage did not stop there, with our latest briefing focusing on the challenge of building a successful online operation. And we interviewed executives at two leading dairy processors, Arla Foods and First Milk, about issues from sustainability to promotions. Click on the headlines for more.

US: Bunge Q2 income down as company cycles fertilisers sale

29 July 2011

US agribusiness giant Bunge reported a decline in second-quarter net income as it cycled a prior-year gain from the sale of its farm-product fertilisers business.

US: DuPont silent on rumours of Solae sale

26 July 2011

US conglomerate DuPont has refused to be drawn on reports that it and agribusiness giant Bunge are looking to sell their soy products venture Solae.

Welcome to the home of food information, insight & intelligence

Not a member? Join here