URL | www.bunge.com |
FOUNDER | Johann Peter Bunge |
WEBSITE CATEGORY | Food Website |
GLOBAL RANK | 187,701 |
CATEGORY RANK | 794 |
DOMAIN REGISTRATION DATE | 31st May, 1996* |
WEBSITE TRAFFIC | 200+ Thousand/Month** |
WEBSITE WORTH | 18+ Thousand USD** |
About Bunge Company
Bunge is an agribusiness and food company whose operations include buying grains, oilseeds, and soft seeds from farmers and storing, transporting, and selling them to domestic and export customers.
About Bunge Founder
The founder of Bunge is Johann Peter Bunge, who founded it in 1818 in Amsterdam, Netherlands. Currently, the CEO of the company is Greg Heckman.
About Bunge Headquarter
The headquarter of Bunge is in Chesterfield, Missouri, United States.
Headquarter Full Address:- 1391 Timberlake Manor Parkway Chesterfield, MO 63017
Contact Number:- 314-292-2000, 636-292-3014, 636-292-3022
About Bunge Subsidiaries
Bunge Limited has many subsidiaries. Some of them are Bunge Loders Croklaan B.V. (Loders Croklaan), Bunge France SAS., Bunge North America, Inc., Bunge Argentina SA, Koninklijke Bunge B.V., BP Bunge Bioenergia, Neptune Bulk Terminals (Canada) Ltd, Bunge Polska Sp. z o.o, Climate Change Capital, Bunge Açúcar e Bioenergia S.A, Bunge Netherlands BV. and a lot more.
History of Bunge
Let’s learn about Bunge’s history and its extraordinary achievements till now –
In the 1810s –
Johann Peter Gottlieb Bunge founded Bunge & Co. in Amsterdam, The Netherlands, as an import-export-trading business.
In the 1850s –
Bunge relocated to Antwerp, Belgium, and started the business with Asia and Africa, becoming one of the world’s leading commodities traders.
In the 1880s –
Johann Bunge’s grandson, Ernest, and his brother-in-law Jorge Born launched a grain trading company, Bunge y Born, in the burgeoning agribusiness market of Argentina.
In the 1890s –
Bunge y Born established Centenera in Argentina, the company’s first food processing plant.
In the 1900s –
Bunge y Born founds various companies, including Compañía Industrial de Bolsas (cereal bags manufacturer), La Fabril (cottonseed processor), Alba (paint manufacturer), Compañía Química (chemical and fertilizer maker), and Grafa (textile maker), among others.
Bunge y Born builds Molinos Río de la Plata, one of the largest wheat mills in Argentina.
Bunge began operations in Brazil by incorporating the Moinho Santista Indústrias Gerais wheat mill in Santos, Brazil.
In the 1910s –
Bunge acquired the Fluminense wheat mill in Rio de Janeiro, Brazil. In 2014, Bunge announced it would build a new plant that was the most modern in South America, keeping the name Fluminense.
This unit was launched in 2016. Bunge begins trading in North America, using a New York-based agent.
In the 1920s –
Bunge North American Grain Corporation, founded in New York City, began to trade raw agricultural commodities.
Bunge founded SANDRA (Sociedade Algodoeira do Nordeste Brasileiro), its first oilseed processing company in Brazil. Bunge y Born inaugurates its Buenos Aires headquarters.
In the 1930s –
Bunge purchased its first sizable grain facility, Midway, adjacent to a rail terminal in Minneapolis, Minnesota, U.S., adding physical facilities to its grain trading capabilities.
Bunge y Born developed an edible oils facility in Uruguay called the Fábrica Uruguaya de Aceites Comestibles, an Argentine affiliate for vegetable oil production.
In the 1940s –
Bunge acquired grain elevators in the upper Midwest and Kansas in the U.S. Bunge founded a vegetable oil company in Peru called Compania Oleaginosa del Peru (COPASA).
Bunge creates Fertimport, a Brazilian company that manages raw material shipments.
In the 1950s –
In commemoration of its 50th anniversary in Brazil, Bunge created the Moinho Santista Foundation, today called the Bunge Foundation – a nonprofit entity to contribute to sustainable development through initiatives that enhance the advancement of science, education, and natural resources conservancy.
Bunge launches Delícia margarine, the first chilled margarine in Brazil.
In the 1960s –
Bunge opened the largest export grain-handling elevator of its kind on the Mississippi River in Destrehan, Louisiana, U.S.
Bunge expanded in Destrehan, Louisiana, U.S. by building its first U.S. soybean processing plant (and the only one at the time) in the Port of South Louisiana.
Bunge inaugurated the first soy-crushing plant in Latin America through S. A. Moinhos Rio Grandenses (SAMRIG).
In the 1970s –
Through SANDRA and SAMRIG, Bunge became a major promoter of soybean consumption in Brazil.
In addition to promoting new food products and habits to Brazilians, Bunge participates directly in the Programa Nacional de Alimentação Escolar (PNAE), a school meal and nutrition education program for students.
Bunge founded a wallpaper company in Argentina called Papeles Decorativos Renova.
In the 1980s –
Bunge opened its own consumer service center in Brazil, four years before the legalization of the country’s Consumer Protection Code. Bunge launches Pré-Mescla, a brand of pre-mix for baking bread in the Brazilian market.
In the 1990s –
Following 175 years of family management, the Bunge Group determined that its founding families should participate as members of a board of directors and that operational activities should be turned over to non-family professional management.
Bunge y Born converted to the Bermuda-registered Bunge International Limited with headquarters in São Paulo in 1994, retaining the Bunge y Born name only in Argentina.
Bunge moves its global headquarters from São Paulo, Brazil, to White Plains, New York.
In the 2000s –
Civil and Santista Alimentos were officially consolidated after three years. The newly combined company is called Bunge Alimentos.
Bunge acquires Cereal, a global company with a substantial soybean processing footprint in the U.S. Eastern Corn Belt, leading brands of bottled vegetable oil in Eastern Europe, the largest canola processing capacity in Canada, and soybean processing capacity in Spain.
This transaction makes Bunge the world’s largest soybean processor and supplier of bottled oils to consumers.
In the 2010s –
Bunge began operating in the tomato sauce segment in Brazil with the acquisition of Etti, one of the most traditional brands in the country.
Bunge launches a five-year, $4 million partnership to promote sustainable agriculture with The Nature Conservancy.
Bunge acquires Aceitera Martínez in Argentina, a family-run business specializing in the production and packaging of edible oils.
The facilities, equipped with state-of-the-art technology and three packaging lines, have an installed capacity of approximately 20,000 tons per month.
About Bunge Services
Connecting farmers and consumers globally, Bunge brings food and feed products from where they’re produced to where they’re needed. The integrated value chain links origination, storage, and transportation further down the line, including processing, packaging, and distribution. This helps farmers and communities prosper, puts better food on the shelf, increases sustainability, strengthens global food security, and improves diets.
Bunge’s operations include buying grains, oilseeds, and soft seeds from farmers, then storing, transporting, and selling them to domestic and export customers. It also provides financial, risk management, and logistics services. Their global network of facilities spans six continents and includes grain elevators, oilseed processing plants, and strategically located port terminals.
They provide transparency across fully integrated end-to-end value chains from farm to consumer. From long-standing staples to innovative new products, Bunge’s margarine, edible oils, bakery, and grain brands meet the exacting demands of commercial customers and the emerging taste and nutrition trends of consumers in some of the world’s largest markets.
With more than two centuries of experience, unmatched global scale, and deeply rooted relationships, Bunge works to put quality food on the table, advance sustainability where we operate, strengthen global food security, and help communities prosper. Bunge and the agricultural industry will continue to be vitally important as demand for food, feed, and fuel growth.
Benefits of using Bunge
Let’s take a look at some of the benefits of Bunge –
- Account Information
Access your Bunge account information to see your open contracts, recent shipments, and current payments.
- Cash Bids
View the cash bids for your preferred Bunge locations. Create an offer in a few easy steps, and let Bunge watch the market for you.
- Location
View information such as an address, hours, announcements, staff contacts, and phone numbers for your preferred Bunge locations.
- News & Weather
Get localized weather information no matter where you are. Top Bunge analysts provide insights and opinions into the markets multiple times daily.
- Safety
Bunge ensures the safety of all the information provided by the users. Also, the Bunge app secures itself after a period of inactivity, keeping your account data safe in case your mobile device is lost.
This was all about Bunge, about Bunge’s history, services, and benefits that have made it one of the largest agribusiness companies in the world.
References
*[ICANN Lookup]
**[SimilarWeb bunge.com] Retrieved 19th February, 2023
***[Siteprice bunge.com] Retrieved 19th February, 2023
Note: Data given in the table at the beginning of the article are subject to change, please check the reference websites for latest value.