Chevron, Bunge Launch Renewable Fuel Feedstocks Joint Venture
May 02 2022 - 4:05PM
Business Wire
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:
CVX), and Bunge North America, Inc., a subsidiary of Bunge Limited
(NYSE: BG), announced today the creation of Bunge Chevron Ag
Renewables LLC, signaling the close of their previously announced
transaction. The new company will develop renewable fuel feedstocks
leveraging Bunge’s expertise in oilseed processing and farmer
relationships and Chevron’s expertise in fuels manufacturing and
marketing.
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the full release here:
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About Chevron
Chevron is one of the world’s leading integrated energy
companies. We believe affordable, reliable and ever-cleaner energy
is essential to achieving a more prosperous and sustainable world.
Chevron produces crude oil and natural gas; manufactures
transportation fuels, lubricants, petrochemicals and additives; and
develops technologies that enhance our business and the industry.
We are focused on lowering the carbon intensity in our operations
and seeking to grow lower carbon businesses along with our
traditional business lines. More information about Chevron is
available at www.chevron.com.
About Bunge
At Bunge (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
almost 23,000 dedicated employees working across approximately 300
facilities located in more than 40 countries.
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version on businesswire.com: https://www.businesswire.com/news/home/20220502005585/en/
Investor Contacts: Roderick Green Chevron
invest@chevron.com
Ruth Ann Wisener Bunge Limited 636-292-3014
Ruthann.wisener@bunge.com
Media Contacts: Tyler Kruzich Chevron 925-549-8686
tkruzich@chevron.com
Bunge News Bureau Bunge Limited 636-292-3022 news@bunge.com
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