This innovation helps reduce underloaded voyages, previously 15% to 35% below capacity.
The acquisition aligns with Bunge’s strategy to deepen its presence in the food, feed, and biofuel sectors.
This growth was driven mainly by key segments such as Food ingredients, Taste and Health & Biosciences.
These leadership enhancements align with IFF’s strategic goals to maintain innovation leadership, drive sustainable growth, and recover profitability in the evolving global marketplace.
Marico aims to achieve this target through strategic pricing actions.