Bunge to expand soy protein ingredients production with new US$ 550M facility in Indiana

USA – American multinational commodity trading giant Bunge is planning to invest US$550 million in the construction of a new facility soybean processing plant at its site in Morristown, Indiana, USA. The fully integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility is aimed to meet customer demands on key ingredients in the production of plant-based foods,…

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Bunge considers Switzerland as place of incorporation, trims board to 11 seats

USA — American agribusiness and food company may move its place of incorporation from Bermuda to Switzerland if shareholders approve the proposal that recently received the unanimous backing of the company’s Board. The new changes do not affect the company’s operational headquarters which will continue to remain in St. Louis, Missouri, US, according to a report by World Grain. If…

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