Articles from Bunge Limited

Bunge Limited (NYSEBG) today reported third quarter 2023 results

For the second consecutive year, Bunge Limited (NYSEBG) 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. In recognition of World Food Day – an international day focused on ensuring our food systems are inclusive and sustainable – Bunge is hosting volunteer events throughout October.

Bunge Limited (NYSEBG) (“Bunge”) today announced the results of its extraordinary general meeting (“EGM”) of its shareholders, which was held today.

Bunge Limited (NYSEBG) will announce its results for the quarter ended September 30, 2023, on Thursday, October 26, 2023, 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. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge Limited (NYSEBG) announced today that its Board of Directors has declared on August 17, 2023 a quarterly cash dividend of $0.6625 per common share. The dividend is payable on December 1, 2023 to shareholders of record on November 17, 2023.

Bunge Limited (NYSEBG) (“Bunge”) announced that it will hold an extraordinary general meeting (“EGM”) of its shareholders on October 5, 2023 at 9:30 a.m. Central Time. The EGM will be held virtually via webcast at www.virtualshareholdermeeting.com/BG2023SM. Shareholders of record as of the close of business on August 3, 2023, are entitled to receive notice of and to vote at the EGM.

Bunge Limited (NYSEBG) today reported second quarter 2023 results

Bunge Limited (NYSEBG) will announce its results for the quarter ended June 30, 2023, on Wednesday, August 2, 2023, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

EGT, LLC, a joint venture among Bunge (NYSEBG), Pan Ocean America and Agtegra Cooperative, announced that it will nearly triple the current capacity of soybean meal (SBM) storage at its Longview, WA export terminal. The project, expected to be completed in the second quarter of 2025, also includes improving handling capabilities, enabling it to operate with greater speed, flexibility and efficiency.

Bunge Limited (NYSEBG) (“Bunge”) today announced it has entered into a definitive agreement with Viterra Limited, a private company limited by shares incorporated under the laws of Jersey (“Viterra”), together with certain affiliates of Glencore PLC (LSE: GLEN) (“Glencore”), Canada Pension Plan Investment Board (“CPP Investments”) and British Columbia Investment Management Corporation (“BCI”), to merge with Viterra in a stock and cash transaction. The merger of Bunge and Viterra will create an innovative global agribusiness company well positioned to meet the demands of increasingly complex markets and better serve farmers and end-customers. With an enhanced global network, the combined company’s increased diversification across geographies, seasonal cycles and crops will increase optionality in managing risk and increase resiliency. Together, the highly complementary organizations will benefit from more diversified capabilities, greater operational flexibility across oilseed and grain supply chains and processing, greater resources and combined employee talent to innovate and deliver for customers in every environment, creating value for all stakeholders.

Bunge (NYSEBG) and Nutrien Ag Solutions, the retail division of Nutrien Ltd. (TSX and NYSE: NTR), announced today a strategic alliance and commercial agreement to support U.S. farmers in the implementation of sustainable farming practices that will help increase the development of lower carbon products. The initiative is expected to expand sustainable agriculture across shared supply chains in North America, bringing more whole-acre solutions to food, feed and fuel customers and end-consumers.

Bunge Limited (NYSEBG) announced that its Board of Directors has approved a quarterly cash dividend of $0.6625 per share on its common shares, which is a 6% increase. The dividend is payable on September 1, 2023 to shareholders of record on August 18, 2023.

Bunge (NYSEBG) Chief Executive Officer, Greg Heckman, and Chief Financial Officer, John Neppl, will participate in a fireside chat at the BMO Capital Markets Global Farm to Market Conference on May 17, at 11am ET, in New York City. A webcast link will be available on www.bunge.com in the “Events and presentations” section.

Bunge Limited (NYSEBG) today reported first quarter 2023 results

Bunge announced the creation of a regenerative agriculture program to support Brazilian farmers in the transition to low-carbon agriculture, offering technical support, tools, products, and services, while supporting global efforts to minimize greenhouse gas (GHG) emissions.

Bunge Limited (NYSEBG) will hold its Annual General Meeting of Shareholders on Thursday, May 11, 2023 at 11:00 a.m. Central Time. The meeting will be “virtual-only” and will be conducted exclusively online via live audio webcast that can be accessed at www.virtualshareholdermeeting.com/BG2023.

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, through its Bunge Loders Croklaan JV with IOI Corporation Berhad (KLSE: IOICORP), has entered into a definitive asset purchase agreement with Fuji Oil New Orleans, LLC (Fuji Oil) to acquire its newly constructed, port-based refinery located in IMTT’s (International-Matex Tank Terminals) Avondale Terminal, Louisiana. The state-of-the-art facility has multi-oil refining capabilities and will enable Bunge to expand its existing customer base. The completion of the transaction is subject to customary closing conditions.

Bunge Limited (NYSEBG) will announce its results for the quarter ended March 31, 2023, on Wednesday, May 3, 2023, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge Limited (NYSEBG) announced that Kathleen Hyle, non-executive chairperson of the Board of Directors (“the Board”), and Erik Fyrwald, director, have informed the Company that they do not intend to seek re-election to their Board positions when their current terms expire on May 11, 2023, the date of the 2023 Annual General Meeting of Shareholders (“AGM”). The Board intends to appoint Mark Zenuk, director, as non-executive chairperson, subject to his re-election to the Board at the AGM. In addition, Bunge announced the Board intends to nominate Monica McGurk and David Fransen to the Company’s slate of director nominees during its 2023 AGM.

Corteva Inc. (NYSECTVA), Bunge NYSE:BGNYSEBG)(NYSE: CVXNYSECVX, announced today a commercial collaboration to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon profile. The goal is to increase the availability of vegetable oil feedstocks primarily for the growing domestic renewable fuels market. The companies plan to introduce the winter canola crop into the southern United States with an intention to create a new revenue opportunity for farmers with a sustainable crop rotation.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared on February 22, 2023 a quarterly cash dividend of $0.625 per common share. The dividend is payable on June 2, 2023 to shareholders of record on May 19, 2023.

Bunge Limited (NYSEBG) today reported fourth quarter and full-year 2022 results.

Bunge today announced it has achieved 80% traceability and monitoring of soybeans from its indirect supply chain in the Brazilian Cerrado. The pioneering, large-scale initiative to track indirect purchases in the biome is part of the Bunge’s Sustainable Partnership Program and underscores the company's consistent performance in the development of sustainable and responsible supply chains, particularly in areas at higher risk of deforestation in Brazil.

Bunge Limited (NYSEBG) will announce its results for the quarter ended December 31, 2022, on Wednesday, February 8, 2023, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, plans to invest approximately $550 million to build a fully integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility. The new facility is expected to meet rising customer demand for key ingredients in the production of plant-based foods, processed meat, pet food, and feed products. Construction of the facility, that will be adjacent to and integrated with Bunge’s soybean processing plant in Morristown, Indiana, is expected to start in the first quarter of 2023 and to be commissioned in mid-2025, creating around 70 full time jobs. It is expected to ultimately process close to an additional 4.5 million bushels of soybeans.

Bunge Limited (NYSEBG) announced today that its Board of Directors has unanimously approved moving its place of incorporation from Bermuda to Switzerland. Under the proposal, Bunge would become a Swiss corporation. The proposed change is subject to various conditions, including shareholder approval, which Bunge expects to seek in 2023.

Bunge (NYSEBG) today announced that Greg Heckman, Chief Executive Officer, and Robert Coviello, Chief Sustainability Officer and Government Affairs, will participate in a virtual fireside chat at the 2022 BMO Growth & ESG Conference on Tuesday, December 6, 2022 at 2 p.m. Eastern Time.

BZ Group and Bunge (NYSEBG) today announced the signing of a strategic partnership. As part of this agreement, Bunge acquires 49% of BZ Group while the Beuzelin family remains the majority shareholder with 51% ownership. The transaction is subject to customary closing conditions and regulatory approval.

Bunge Limited (NYSEBG) today announced that Eliane Aleixo Lustosa de Andrade has been appointed to its Board of Directors, effective November 15, 2022.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared on November 14, 2022 a quarterly cash dividend of $0.625 per common share. The dividend is payable on March 2, 2023 to shareholders of record on February 16, 2023.

Bunge Limited (NYSEBG) today reported third quarter 2022 results

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, announced today a global volunteering program and philanthropic support to address growing food insecurity and humanitarian needs around the world. Bunge teams are recognizing this year’s World Food Day by coordinating food drives, volunteering at food banks and supporting local groups focused on addressing hunger and food access. Collectively, more than 30 sites around the globe where the Company has a presence will be hosting volunteer events, including local support in St. Louis, Missouri – Bunge’s global headquarters – and multiple sites in Brazil, Argentina, Spain, Italy, Switzerland, Netherlands, Singapore, Malaysia and Canada.

Bunge (NYSEBG), a leading producer of plant-based oils, and Olleco, the renewables division for ABP Food Group, today announced an agreement to form a 50/50 joint venture to create a business that encompasses the full life-cycle of edible oils.

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, has more than 100 positions available for trainees and interns across North America. This will be the company’s largest class of entry-level professionals to date in the region.

Bunge Limited (NYSEBG) will announce its results for the quarter ended September 30, 2022, on Wednesday, October 26, 2022, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge (NYSEBG) today announced that it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. The completion of the sale is subject to customary closing conditions, including regulatory approval.

Bunge Limited (NYSEBG) announced today that it has completed the sale of its wheat mills in Mexico to Grupo Trimex. Bunge will continue to operate its corn mill in Querétaro and to serve its domestic oil and meal customers.

Bunge Limited (NYSEBG) today announced that Greg Heckman, Chief Executive Officer, and John Neppl, Chief Finance Officer, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Wednesday, September 7, at 1:30 p.m. ET.

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, announced today that is has been honored with the certification of being a Most Loved Workplace® for 2022. This is the second year in a row the company has been recognized by the Best Practice Institute for being a place where employees love to work. The validation provides a thorough look at how companies align business outcomes and benefits with core values and support.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared on August 11, 2022 a quarterly cash dividend of $0.625 per common share. The dividend is payable on December 2, 2022 to shareholders of record on November 18, 2022.

Bunge Limited (NYSEBG) today reported second quarter 2022 results

Bunge Limited (NYSEBG) will announce its results for the quarter ended June 30, 2022, on Wednesday, July 27, 2022, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge (NYSEBG) announced today that it has exceeded its non-deforestation targets for monitoring and traceability of soybean crops from its indirect supply chain in the Brazilian Cerrado. Through the Bunge Sustainable Partnership program, the company is now able to monitor at least 64% of indirect volumes in the priority regions, surpassing the 50% target set for 2022. In its Global Sustainability Report, the Company highlights this success which is an important achievement as company draws closer to achieving deforestation free supply chains in 2025. The Bunge Sustainable Partnership Program is one of the many efforts that allowed Bunge to reach over 95% deforestation free soybean supply chain in the priority regions of Brazil.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared a $0.10, or 19%, increase in the regular quarterly cash dividend to $0.625 per common share. The dividend is payable on September 2, 2022 to shareholders of record on August 19, 2022.

Bunge (NYSEBG) Chief Executive Officer, Greg Heckman, will join a fireside chat at the BMO Capital Markets 17th Annual Farm to Market Conference on May 18, at 2:45pm ET, in New York City.

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSECVX), and Bunge North America, Inc., a subsidiary of Bunge Limited NYSE: BGNYSEBG)

Bunge Limited (NYSEBG) today reported first quarter 2022 results

Bunge (NYSEBG) and CoverCress Inc. (“CCI”) announced today a unique commercial partnership to bring a new renewable oilseed and animal feed crop to market. The agreement establishes a long-term commercial relationship between the two companies and supports the expansion of CCI’s CoverCress™ technology, a new winter oilseed crop that is ideal as a lower carbon intensity feedstock to help meet the growing demand for renewable fuels.

Bunge Limited (NYSEBG) will hold its Annual General Meeting of Shareholders on Thursday, May 12, 2022 at 11:00 a.m. Central Time. The meeting will be “virtual-only” and will be conducted exclusively online via live audio webcast that can be accessed at www.virtualshareholdermeeting.com/BG2022.

Bunge Limited (NYSEBG) announced today that, beginning in the first quarter of 2022, it changed its methodology for externally reported volumes to simplify and more closely align volume reporting with Bunge's primary income-generating activities and those of industry peers.

Bunge (NYSEBG) has closed on an amendment of its Accounts Receivable Securitization Program increasing its committed capacity from US$925 million to US$1.1 billion. In addition, the interest rate under this program is now linked to the Company’s five core sustainability targets tied to its recently established science-based targets (SBTs). The targets define Bunge’s climate goals and reinforce the Company’s commitment to eliminate deforestation in its supply chains in 2025.

Bunge Limited (NYSEBG) will announce its results for the quarter ended March 31, 2022, on Wednesday, April 27, 2022, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. The call will be webcast live at www.bunge.com and a slide presentation to accompany the discussion will be posted on the website.

Bunge Limited (NYSEBG) announced today that all issued and outstanding shares of its 4.875% cumulative convertible perpetual preference shares (CUSIP G16962204) will automatically convert into common shares of the Company, par value US$0.01 per share. The conversion reflects Bunge’s strong share price performance in recent months, increases the common shares public float, and as a result simplifies and strengthens the company’s capital structure. The conversion process will be completed on March 23, 2022. No action by holders of preferred shares is required.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared on February 23, 2022 a common quarterly cash dividend of $0.525 per share. The dividend is payable on June 2, 2022 to holders of record on May 19, 2022.

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSECVX), and Bunge North America, Inc., a subsidiary of Bunge Limited NYSE: BGNYSEBG)

Bunge Limited (NYSEBG) today reported fourth quarter and full-year 2021 results.

Bunge Limited (NYSEBG) will announce its results for the quarter ended December 31, 2021, on Wednesday, February 9, 2022, prior to the market opening. The Company’s management will also host a conference call at 7:00 am Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge (NYSEBG) has closed on the refinancing of its US$1.75 billion, three-year revolving credit facility. The interest rate under this facility is linked to the Company’s credit ratings and also to five core sustainability targets, which include the recently established science-based targets (SBTs) that define Bunge’s climate goals within its operations and reinforce the Company’s commitment to eliminate deforestation in its supply chains by 2025.

Bunge (NYSEBG) today announced that Greg Heckman, Chief Executive Officer, will participate in a virtual fireside chat at the 2021 BMO Growth & ESG Conference on Tuesday, December 7, 2021 at 12 p.m. Eastern Time.

Bunge (NYSEBG), a global leader in agribusiness, food and ingredients, today announced science-based targets (SBTs), highlighting its commitment to reduce greenhouse gas emissions within the company’s operations and throughout its supply chains. The announcement comes following a joint statement by Bunge and other agriculture leaders at the United Nations Climate Change Conference (COP26) to accelerate industry action towards fighting climate change.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared on November 3, 2021 a common quarterly cash dividend of $0.525 per share. The dividend is payable on March 2, 2022 to holders of record on February 16, 2022.

Bunge Limited (NYSEBG) today reported third quarter 2021 results

Bunge Limited (NYSEBG) today announced that Michael Kobori and Kenneth Simril have been appointed to its Board of Directors, effective October 25, 2021.

Bunge Limited (NYSEBG) today announced that it has agreed to sell its seven Mexico wheat mills to Grupo Trimex. The completion of the sale is subject to customary closing conditions, including regulatory approval.

Bunge Limited (NYSEBG) will announce its financial results for the third quarter of 2021 on Wednesday, October 27, 2021, prior to the market opening. The company’s management will also host a conference call on the same day at 7:00 a.m. Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSECVX), and Bunge North America, Inc., a subsidiary of Bunge Limited NYSE: BGNYSEBG)

Bunge Limited (NYSEBG) today announced that Greg Heckman, Chief Executive Officer, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Wednesday, September 8 at 2:00 p.m. ET.

Bunge Limited (NYSEBG) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.525 per common share. The dividend is payable on December 2, 2021 to shareholders of record on November 18, 2021.

Bunge Limited (NYSEBG) today reported second quarter 2021 results

Bunge Limited (NYSEBG) announced today that is has completed the previously announced sale of 35 U.S. interior elevators to Zen-Noh Grain Corporation.

Bunge Limited (NYSEBG) will announce its results for the quarter ended June 30, 2021 on Wednesday, July 28, 2021, prior to the market opening. The Company’s management will host a conference call at 7:00 a.m. Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com.

Bunge, a global leader in agribusiness, food and ingredients, today released its 2021 Global Sustainability Report, highlighting company initiatives across three core pillars: Action on Climate, Responsible Supply Chains and Accountability.

Bunge Limited (NYSEBG) today announced that Greg Heckman, Chief Executive Officer, will participate in a fireside chat at the BMO Capital Markets 16th Annual Farm to Market Conference on Wednesday, May 19, at 12:40 EDT.

Bunge Limited (NYSEBG) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has priced a public offering of $1 billion aggregate principal amount of 2.750% senior notes due 2031. The senior notes will be guaranteed by Bunge Limited. The offering was made pursuant to a registration statement filed with the U.S. Securities and Exchange Commission. The transaction is expected to close on May 14, 2021, subject to the satisfaction of customary closing conditions.

Bunge, a world leading agri-food company, and Target, a South American logistics and technology solutions provider, are partnering to form Vector, a new enterprise focused on digitizing truck freight hiring and other services in Brazil. The two companies successfully collaborated in the creation of the freight contracting app Vector, launched last year and used in Bunge's operations in Brazil. Named after the app, the new standalone company will now offer the platform’s logistics services to other companies. Vector can help increase drivers’ productivity by mapping logistics flows and process integration to finding synergies that reduce idle time for them while reducing logistics costs for companies.