Company initiatives, Press Release

Bunge, TRT dissolves oilseed JV

US agribusiness Bunge and Twin Rivers Technologies Enterprises de Transformation de Graines Oleagineuses du Quebec Inc. (TRT ETGO) a subsidiary of oleochemical firm TRT Holdings Inc., which in turn is a subsidiary of Felda Global Ventures Holdings Berhad (FGV), has decided to dissolve their joint venture Bunge ETGO L.P.  in the mutual best interests of both partners.

The partnership, created in December 2011, owns and operates their respective facilities in Hamilton, Ontario and Becancour, Quebec. The partnership was responsible for all commercial aspects of the business including oilseed procurement, product sales and risk management.

About Doris de Guzman

Will Green Chemistry save the world or is it hype? Doris de Guzman examines alternative processing, new technology, R&D and other sustainability initiatives aimed at preventing pollution; replacing ingredients; and using renewable feedstocks in Green Chemistry. She has been covering the oleochemicals market for 15 years and spread her beat to inorganics, biofuels and green chemistry.

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