With China’s green light, Bunge has now secured all required regulatory consents, including conditional approvals from key markets such as Canada and the European Union
Each soy protein concentrate in the new line delivers approximately 70% protein and 17% dietary fiber (dry basis), with options available in both non-GMO and conventional formats
Despite the earnings slide, CFO John Neppl noted that the altered quarterly cadence would not change the company’s full-year guidance
The collaboration builds on a transaction finalised in March 2024, in which Repsol acquired a 40% stake in three Bunge Iberica industrial facilities dedicated to oil and biofuel production.
The transaction includes dry corn milling plants in Crete, Nebraska; Atchison, Kansas; and Danville, Illinois, as well as dry masa production sites in Muleshoe.