BLOG

Bunge agrees to sell oilseed processing business in Russia

20 September 20221 min reading

Bunge 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.

“We are grateful to the team for continuing to deliver essential food and feed in this challenging environment. With Karen Vanetsyan's more than 25 years of experience in agricultural processing, we are confident the team will continue to successfully serve customers.” said Greg Heckman, Bunge’s CEO.


Articles in News Category
13 November 20182 min reading

Saudi Arabia to allow private sector to import feed barley

Saudi Arabia will allow the private sector to import feed barley, state grain buyer SAGO confirmed....

08 August 20182 min reading

EU WHEAT HARVEST TO FALL DUE TO DRY WEATHER AROUND THE BALTIC SEA

The European Union may harvest almost 6 million tons less wheat this year after crops in the north ...

15 February 20227 min reading

Bühler strengthens market positions in 2021