NYSE:BG

Bunge Names Leadership Team for Proposed Future Combined Organization Upon Close of Viterra Transaction

Retrieved on: 
Tuesday, April 16, 2024

Bunge Global SA (NYSE: BG) today announced the executive leadership team for the combined Bunge and Viterra business following the close of the proposed transaction.

Key Points: 
  • Bunge Global SA (NYSE: BG) today announced the executive leadership team for the combined Bunge and Viterra business following the close of the proposed transaction.
  • As previously announced, following the close of the transaction, the combined company will be led by Greg Heckman, Bunge’s Chief Executive Officer and John Neppl, Bunge’s Chief Financial Officer.
  • In their roles as Co-COOs, they will jointly oversee the commercial activities of the future combined organization which includes commodity value chains, country/regional structures, Centers of Expertise and Industrial Operations & Safety.
  • Other key commercial leaders of the future combined organization include Christos Dimopoulos who assumes the newly created role of Executive Vice President, Global Markets.

Bunge Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, April 4, 2024

Bunge Global SA (NYSE: BG) will announce its results for the quarter ended March 31, 2024, on Wednesday, April 24, 2024, prior to the market opening.

Key Points: 
  • Bunge Global SA (NYSE: BG) will announce its results for the quarter ended March 31, 2024, on Wednesday, April 24, 2024, prior to the market opening.
  • The Company’s management will also host a conference call at 7:00 a.m. Central Time to discuss the results.
  • Select “Q1 2024 Bunge Global SA Conference Call” and follow the prompts.
  • A replay of the call will be available later in the day on April 24, 2024, continuing through May 24, 2024.

Bunge Chevron Ag Renewables to Build New Oilseed Processing Plant in Destrehan, Louisiana

Retrieved on: 
Monday, March 4, 2024

Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA.

Key Points: 
  • Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA.
  • The plant features a flexible design, intended to allow it to process soybeans as well as softseeds, including novel winter oilseed crops, such as winter canola and CoverCress, among others.
  • Expected to be operational in 2026, the processing facility aims to add scale and efficiencies to Bunge Chevron Ag Renewables, that will allow the company to better meet the increased market demand for renewable fuel feedstocks.
  • The plant is also intended to support the growing feed and protein markets through the production of meal products.

Bunge Schedules Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Friday, January 12, 2024

Bunge Global SA (NYSE: BG) will announce its results for the quarter ended December 31, 2023, on Wednesday, February 7, 2024, prior to the market opening.

Key Points: 
  • Bunge Global SA (NYSE: BG) will announce its results for the quarter ended December 31, 2023, on Wednesday, February 7, 2024, prior to the market opening.
  • The Company’s management will also host a conference call at 7:00 a.m. Central Time to discuss the results.
  • To access the webcast, go to “Events & Presentations” under “News & Events” in the “Investor Center” section of the company’s website.
  • Select “Q4 2023 Bunge Limited Conference Call” and follow the prompts.

Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.5 Billion with a $1 Billion Accordion Feature for Bunge

Retrieved on: 
Wednesday, January 3, 2024

STAMFORD, Conn., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of an additional $1 billion, for the Accounts Receivable Securitization Program (“Program”) of Bunge Global SA (“Bunge”), a leading global agribusiness and food company.

Key Points: 
  • STAMFORD, Conn., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of an additional $1 billion, for the Accounts Receivable Securitization Program (“Program”) of Bunge Global SA (“Bunge”), a leading global agribusiness and food company.
  • As part of the process, Finacity also supported the addition of 2 new seller countries, Mexico and Poland, and 7 new subsidiary company originators for Bunge in its Program.
  • Pricing for the Program includes premiums or discounts to the applicable margin tied to certain sustainability criteria, including, but not limited to, science-based targets (SBTs) that define Bunge’s climate goals within its operations and a commitment to a deforestation-free supply chain in 2025.

Bunge and Musim Mas Collaborate to Make Palm Value Chain more Sustainable

Retrieved on: 
Wednesday, November 15, 2023

SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- Bunge (NYSE: BG) and Musim Mas Group announced a collaboration to promote the use of sustainable practices among smallholder farmers in Sambas, West Kalimantan, Indonesia. 

Key Points: 
  • SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- Bunge (NYSE: BG) and Musim Mas Group announced a collaboration to promote the use of sustainable practices among smallholder farmers in Sambas, West Kalimantan, Indonesia.
  • The collaboration, co-funded by Bunge and Musim Mas through 2025, aims to train more than 1,000 independent smallholders in sustainable production of palm oil.
  • "Bunge strives to be the preferred sustainable solutions partner for producers and customers," said Ben Vreeburg, Bunge Senior Director of Sustainability.
  • While West Kalimantan only contributes 5% to Musim Mas' supply base, it is integral to the group's overall sustainable sourcing strategy.

Bunge’s Global Volunteering Program Grows, Makes a Lasting Impact

Retrieved on: 
Monday, October 16, 2023

For the second consecutive year, Bunge Limited (NYSE:BG) teams around the world are coming together to support community organizations and non-profits focused on fighting hunger through our Global Volunteering Program.

Key Points: 
  • For the second consecutive year, Bunge Limited (NYSE:BG) teams around the world are coming together to support community organizations and non-profits focused on fighting hunger through our Global Volunteering Program.
  • The program was launched last year to address growing food insecurity and humanitarian needs around the world.
  • Our Global Volunteering Program, centered on empowering and supporting communities, has more than doubled in size in 2023.
  • “Our Global Volunteering Program has had immense growth this year and that speaks volumes to the dedication our employees have to do what’s right.