BUNGE LIMITED

It is a global agribusiness and food company, headquartered in White Plains, New York.
It was founded in 1818 by Johann P.G. Bunge.
It is an international soyabean exporter and is also involved in food processing, grain trading
and fertilisers.
The company has over 35000 employees at 400 facilities spread over 40 countries.
It was formerly known as Bunge International.

KEY FACTS
Founded: 1818
Headquarters: White Plains, New York
Key people : Soren Schroder, CEO, Bunge Limited
: Drew Burke, CFO, Bunge Limited
: Michael Goettl, CEO, Bunge Asia
: Gordon Hardie, MD, Food and Ingredients, Bunge Limited
Key financials (year ended Dec13)
: Net Sales US $61.34 billion
: Gross profit US $2.76 billion
: Net income attributable to Bunge US $306 million
: Net income available to Bunge common shareholders US $230 million

CORE VALUES
Bunges five core values include
Integrity
Teamwork
Citizenship
Entrepreneurship
Openness and Trust

HISTORY
1818-1905 Johann Bunge founds Bunge and Co. in Amsterdam, Netherlands, as an
import/export trading firm. Later it is relocated to Antwerp, Belgium and it goes on to
become one of the worlds leading commodities traders.
1905-1935 Bunge expands into Brazil and North America and diversifies into wheat milling
business. It diversifies further into cottonseed processing.

1935-1967 Bunge builds its first grain handling facility in Minnesota; enters the Brazilian
fertilizer and soyabean export market; consolidates its position in North America by
acquiring grain elevators.
1967-1985 Bunge builds on its soy processing and exporting business in North America. It
acquires Lauhoff Grain Company and becomes the worlds largest corn dry miller.
1985-1997 Bunge wins Presidential World Without Hunger Award for its efforts to
combat hunger with famine relief products; major expansion drives undertaken in South
America.
1997-2001 Bunge moves its headquarters to White Plains, opens office in China and soon
becomes the largest importer of soy complex commodities in the region. In 2001, it goes
public on NYSE.
2002 Bunge acquires Cereol and becomes the worlds largest soy processor and supplier of
bottled oil.
2003-date Bunge acquires Hindustan Levers edible oils and fats business; expands into
Turkey and invests in food and agribusiness in Russia; acquires German margarine producer
Walter Rau; acquires Petrobras fertilizer operations in Argentina; adds 5 new sugarcane
mills to its 3 existing ones in Brazil; expands into complementary value chains.

BUSINESSES
Agribusiness Purchase grain and oilseeds from farmers; store, transport and sell raw
commodities to end customers in domestic and export markets; process oilseeds into
protein mean and crude vegetable oil; provide financialservices, risk management and
logistics services to end consumers.
Sugar and Bioenergy Bunge entered the global sugar market as a trader in 2006, and has
since built a strong position as a producer and marketer of sugar and ethanol.
Food and Ingredients Food & Ingredients is comprised of two businesses - edible oils and
milling. The edible oils business produces specialty oils and fats, margarines, mayonnaise,
shortenings and whipped toppings.The milling business creates milled wheat, corn and rice
products.
Fertilizers Bunge sells blended NPK (nitrogen, phosphate and potassium) fertilizer
formulas, mixed nutrients and liquid fertilizer products to farmers and distributors in South
America.

PRODUCTS IN INDIA
Lifestyle products Ginni Nutri Delight Nuggets, Merrigold Table Margarine, Merrilite
Vegetable Spread.
Premium products Ginni Edible Oils (Sunflower, Groundnut, Cottonseed, Ricebran), Kachi
Ghani Mustard Oil.
Consumer products Gagan Vanapati, Refined Palm Oil, Refined Soyabean Oil, Bansari Pure
Mustard Oil.

B2B products Amrit Bakery Shortening (for biscuits and puffed products), Merrigold
Margarine (bakery and puff), Merribake Cake Margarine.

MAJOR COMPETITORS
Cargill
Archer Daniels Midland

LATEST DEVELOPMENTS
Bunge in Vietnam is helping a local school The Bunge team at Baria Serence Port in
Vietnam helped refurbish a special education school in Phu My by paving the schools
recreation area and planting trees, helping the children to learn in a clean and safe
environment.
Oil made from algae, a novel innovation Bunge recently began commercial production at
their renewable oils plant in Brazil, in a joint venture with micro algae solutions company
Solazyme. Tailored, sustainable oils are produced for a variety of uses.
Exceeding its environmental goals, Bunge has set up a 3-step agenda to reduce its water,
emissions and waste footprints.
A new export route is being established through Northern Brazil. With a view to reduce its
carbon footprint, Bunge will be using more waterways in its new export route.

IIFT ALUMNI IN BUNGE
Vishvendhra Chakravarthy, Senior Trader