Feb 17, 2012
Senwes, Bunge may build oilseed plant in SABack
Africa|Bunge|Bunge Europe|Crushing|PROJECT|Senwes|Africa|South Africa|Building|Crushing|Food|Vegetable Oil Market|Jean-Louis Gourbin|Middle East
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The companies are investigating the possibility constructing a 660 000-t/y crushing plant in response to the country’s growing protein and vegetable oil market, Bunge said in a statement on Friday.
The intended project would expand the existing Bunge Senwes joint venture, which is operating successfully in the wheat and yellow maize commodity trading markets.
“The project will focus strongly on local sourcing of oilseeds which will provide a profitable crop alternative for local producers,” said Senwes MD François Strydom.
Bunge Europe, Middle East and Africa CEO Jean-Louis Gourbin added that both parties were confident of delivering long-term benefits quickly for the South African food and feed chain market, from farmers to final consumers.
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