September 16, 2009
Bunge's positive on its agribusiness potential
Bunge Ltd. had a lot going on in its agribusiness side, and carving out a global asset footprint in areas such as Asia, Eastern Europe and the Black Sea, said Jackie Fouse, chief financial officer.
Bunge remained focused on emerging markets that present good growth opportunities, Fouse said.
Bunge had plants in Eastern Europe, and were up and running in Russia and Ukraine, Fouse said.
Also in consideration is the potential of the 50 percent stake Bunge acquired of the Phu My Port in Vietnam last October, and the prospects for a new export grain terminal project currently underway in the Pacific Northwest, Fouse said.
The Pacific Northwest project was a new part of the company's footprint that would be located in the developed US market, Fouse added.
In addition to grain, Bunge's agribusiness is also receiving a boost from the company's sugar platform.
Looking to the future, Bunge saw Brazil as a key exporting market, Fouse said.










