This strategic move by Bunge will strengthen global protein supply chains.
The soybean meal supplied under the agreement has an estimated carbon footprint between 40% and 70% lower than the Brazilian average.
The certification verifies that soybeans processed at the facility carry a low risk of indirect land use change (LUC).
The partnership’s expansion in 2025 will include comprehensive trade agreements on upstream operations, like procurement of key agricultural raw materials, to downstream CP animal feed plants.
The collaboration builds on a transaction finalised in March 2024, in which Repsol acquired a 40% stake in three Bunge Iberica industrial facilities dedicated to oil and biofuel production.