Bunge Banks on Future Importance of Brazilian Sugar Industry

SUGAR LAND--September 27, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--When Bunge Limited (NYSE:BG) (White Plains, New York) finalized the purchase of five sugarcane mills in Brazil earlier this year, the company strengthened its commitment to the global sugar industry, not only for the sugar produced at the mills, but also for cogeneration power projects and the growing alternative fuels market. The purchase increased Bunge's holdings in Brazil to eight mills in four states, making the company Brazil's third-largest sugar miller. Industrial Info is tracking more than $440 million of Bunge projects in North America and South America, including three Brazilian bagasse-fired power projects, with a total combined generating capacity of 105 megawatts and a combined total investment value of $135 million. IIR's Sugar Industry Database is designed to streamline sales and marketing efforts for equipment and service providers pursuing business in the global sugar-processing marketplace.