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The Bunge Agrotrader sells its Russian sunflower processing plant. The largest p...

The largest oil processor. Bunge Agrotrader leaves the Russian market

The Bunge Agrotrader sells its Russian sunflower processing plant. The largest processor of oil holding Bunge leaves Russia - the company has sold its Russian sunflower processing plant. Bloomberg writes about it with reference to the company. Video of the day in addition to the plant in the Voronezh region, Bunge has sold regional rights to brands of vegetable oils, including Oleina and Ideal. Bunge hinted for sale two months ago, restructuring his Russian business.

The buyer was the Exoil Group's controlling shareholder Karen Vanetsian. The company was built about 2005 and cost about $ 130 million. It can produce 540,000 tons of raw materials. With this sale, Bunge, which is part of the world of the world giants of agricultural trade (known as ABCD), has left the Russian Federation next to other food companies.