August 30, 2006

 

DuPont and Bunge enhance collaboration and expand product range

 

 

DuPont and Bunge Tuesday (Aug 30) announced an expansion of the companies' soy collaboration beyond food and nutrition products to include industrial applications, biofuels and other opportunities.

 

DuPont and Bunge are launching TREUS, the new brand name for the family of soy products developed by the partnership.

 

Low linolenic soybean oil produced from Pioneer brand soybean varieties and previously marketed as NUTRIUM Low Linolenic Soybean Oil, would now acquire the new name of TREUS Low Linolenic Soybean Oil.

 

DuPont and Bunge have carved for themselves a strong niche in the expanding low linolenic soybean market.

 

The alliance is delivering contracting opportunities to farmers, positioning itself as a reliable source of high quality oil to meet demand from food companies to reduce or eliminate trans fats from their products.

 

Acres planted with Pioneer low linolenic soybeans grew six-fold from about 35,000 in 2005 to nearly 200,000 in 2006.

 

From Iowa in 2005, the growing areas is expected to reach into seven other states for 2007.

 

In addition, Pioneer is continuing to expand the line-up of low lin soybean varieties available in its high performing soybean product line. The product pipeline includes several new varieties for 2007 that can be adapted to broader geographies and maturity zones.

 

Low linolenic soybean oil was the first product introduced by the companies, with a number of strong soybean oil and soybean meal products in the pipeline, including oils with high oleic and a combination of high oleic and high stearic oil content.

 

Researchers at Pioneer also are developing soybean varieties that produce soybean meal with enhanced amino acid content for more efficient meat production. Increased biodiesel production results in increased soybean meal availability, the company said.

 

Bunge North America, the North American operating arm of Bunge Limited , is a vertically integrated food and feed ingredient company, supplying raw and processed agricultural commodities and specialized food ingredients to the livestock, poultry, food processor, foodservice and bakery industries.

 

Pioneer Hi-Bred International, Inc., a subsidiary of DuPont, provides customised solutions for farmers, livestock producers and grain and oilseed processors. Pioneer provides access to advanced plant genetics, crop protection solutions and quality crop systems to customers in nearly 70 countries.

 

Operating in more than 70 countries, DuPont is involved in diverse fields such as agriculture, nutrition, electronics and others.