Bunge Completes the Sale of Its Refinery in Rotterdam
Bunge Limited (NYSE: BG) has completed the sale of its Rotterdam refinery to Neste Corporation (NESTE.HE). The transaction allows Bunge to lease back the facility in a phased transition that will last until the end of 2024, ensuring a seamless supply for customers. This strategic move reflects Bunge's commitment to operational efficiency and customer service continuity during the transition period.
- The leaseback arrangement will ensure uninterrupted supply to customers during the transition period.
- The sale is part of a strategic move to optimize Bunge's operations.
- None.
Bunge Limited (NYSE: BG) announced today the completion of the sale of its refinery located in Rotterdam to Neste Corporation (NESTE.HE). Bunge will lease back the facility from Neste in a phased transition through the end of 2024 so that it can continue to seamlessly supply its customers.
About Bunge
At Bunge (www.bunge.com, NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to put quality food on the table, increase sustainability where we operate, strengthen global food security, and help communities prosper. As the world’s leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to create and reimagine the future of food, developing tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company is headquartered in St. Louis, Missouri, and we have more than 23,000 dedicated employees working across more than 350 facilities located in more than 40 countries.
Website Information
We routinely post important information for investors on our website, www.bunge.com, in the "Investors" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.
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