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Bunge, Chevron Acquire Argentina Seed Business Chacraservicios

Bunge, Chevron Acquire Argentina Seed Business Chacraservicios

07/05/23, 12:03 PM
Bunge (NYSE: BG) and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corporation (NYSE: CVX), acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group. This latest investment in novel seeds adds a new oil source in Bunge and Chevron’s global supply chains and will help both companies meet the growing demand for lower carbon renewable feedstocks. Terms of transaction were not disclosed.

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BungeChevron