Bunge and CP Foods Pioneer Greater Transparency in Shipments of Deforestation-Free Soybeans Using Blockchain Technology
Bunge Limited Common Shares (BG)
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Source: Business Wire
Around 185,000 metric tons of deforestation-free soybean meal were shipped from Brazil to Thailand to test the companies’ joint digital blockchain traceability solution for sustainable soy SAO PAULO--(BUSINESS WIRE)--Bunge (NYSE: BG), a leading agribusiness and food company, and Bangkok Produce Merchandising Public Company Limited (BKP), a subsidiary of Charoen Pokphand Foods Public Company Limited (CPF or CP Foods), a world leader in food, jointly tested a traceability platform using blockchain technology for sustainable soy. To date, three shipments totaling 185,000 metric tons of deforestation-free soybean meal have been loaded in Brazil and are headed to Thailand, allowing CP Foods to trace the soybeans from farm origin, processing, transportation, to delivery at destination. Three additional ships carrying an additional 180,000 metric tons of soybean meal are expected for shipment by July 2024.These products comply with Bunge’s and BKP’s socio-environmental supplier verificati
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News
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- US Opens Way for Brazil Used Cooking Oil in Blow for Farmers [BNN Bloomberg (Canada)]BNN Bloomberg
- Bunge Announces Sale of its Ownership Share in its Sugar and Bioenergy Joint Venture in BrazilBusiness Wire
- EU regulators to decide on Bunge and Viterra's US$34-billion deal by July 18 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Is Bunge Global SA (NYSE:BG) Expensive For A Reason? A Look At Its Intrinsic Value [Yahoo! Finance]Yahoo! Finance
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Sec Filings
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- 6/18/24 - Form 11-K
- 6/18/24 - Form 11-K
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