Bunge buys 35% stake in Bumiraya Investindo palm producer

November 7, 2011 |

In Indonesia, Bunge has agreed to buy a 35% stake in Bumiraya Investindo, an Indonesian company that runs four palm oil plantations. This investment follows an expansion last year into the Brazilian sugar industry, as the world’s largest oilseeds processor confronts the stagnation of the traditional vegetable oil markets and its recent drop in profits.

Category: Fuels

Thank you for visting the Digest.