Articles tagged under: Bunge

Veg Oil Sector Shifting to Serve Renewable Diesel Demand

Published February 10, 2022

In a call with investors, Bunge CEO Gregory Heckman was asked about forecasts for U.S. renewable diesel capacity to reach five billion gallons by 2025.” I think it's going to take everything to supply that industry and the demand that…

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Profits Improve for Bunge

Published October 27, 2021

Bunge reports third quarter net income of $653 million, up from $262 million one year ago. Rising demand for vegetable oils to produce renewable diesel pushed the profits higher for the refined and specialty oils division. The milling business segment…

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Bunge Releases 2Q Financials

Published July 29, 2021

Bunge reports second quarter net income of $363 million, down from $516 million one year ago. The commodities trader raised its full-year adjusted profit outlook based on demand for vegetable oils and renewable fuels.

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Bunge Spins Off 35 Elevators to Zen-Noh Grain

Published July 13, 2021

Bunge has completed its sale of 35 elevators to the Zen-Noh Grain Comparation, which is a subsidiary of the National Federation of Agricultural Cooperative Associations of Japan. This sale had been originally announced in 2020 and has been going through…

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DOJ Weighs in on Zen-Noh/Bunge Deal

Published June 3, 2021

To move forward with its planned acquisition of Bunge North America, the Justice Department is demanding the Zen-Noh Grain Corporation divest nine grain elevators along the Mississippi River and its tributaries. If this happens, the DOJ says it would resolve…

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Bunge Profits in the First Quarter of 2021

Published May 5, 2021

Bunge, the world’s largest soybean processor, is showing an $831 million profit in the first quarter of 2021. Tight global crop supplies and rising food demand are paying off. The rising export demand and heavy selling from North American farmers…

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Bunge Q4 Net Income Improves from 2020

Published February 11, 2021

Bunge is reporting fourth quarter net income of $551 million compared to a net loss of $51 million last year. Full year net income is reported at $1.14 billion on net sales of $29.53 billion. Bunge’s Oilseed business was up…

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Bunge Releases 3Q Financials

Published October 29, 2020

Bunge is reporting record third quarter net income of $274 million. That compares to a net loss of $1.5 billion one year ago. Bunge enjoyed an increase in sales in its agribusiness and vegetable oil business.

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2Q Bunge Financials Released

Published July 30, 2020

For the second quarter, Bunge reports net income of $512 million. That compares to $205 million one year ago. Earnings in the agribusiness segment were strong. The vegetable oils, milling and fertilizer business posted gains; the sugar and bioenergy business…

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Bunge Sells 35 Grain Elevators

Published April 22, 2020

Bunge plans to sell 35 of its U.S. grain elevators to the Zen-Noh Grain Corporation. ZGC was established in 1979 in New Orleans to provide a stable supply of feedgrains and soybeans for Zen-Noh’s feed mills in Japan. ZGC is…

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