Bunge to Begin Marketing and Distributing Fertilizer in North America
Date Posted: July 17, 2008
St. Louis—Bunge North America, the North American operating arm of Bunge Limited (NYSE:BG) , announced that it has created a business unit to distribute and market fertilizer products (NPK).
Bunge will source the commodities domestically and internationally for sale to domestic dealers and co-operatives.
"Because of Bunge's strong connections to the agriculture community and our efficient logistics network in North America, marketing and transporting fertilizer ingredients is a good complement to our existing operations," said Carl Hausmann, president and CEO, Bunge North America.
"Bunge also is the leading producer of fertilizer in South America so our North American team will be able to build on Bunge's existing knowledge and global relationships as we develop our business here."
Olavo Dietzsch has been named to lead the new unit. Dietzsch has most recently worked in business development for Bunge North America and strategic planning for Bunge Limited; he joined Bunge in 2001 as procurement manager for Bunge's fertilizer business in Brazil.
For more information, call 314-292-2000.
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