News last update:6 Aug 2012

Bunge: 20,000t vegetable oil to Bulgaria

Bunge Romania, the leader of the domestic vegetable oil market will start to export approximately 15-20,000 tonnes of vegetable oil to the Bulgarian market in September this year - almost 8% of the total oil production of Romania and worth €32 million.

"The factory in Buzau has a high enough capacity to cover both the domestic needs of vegetable oil of Bunge and the needs of Bulgaria," Michael Whitney, general manager of Bunge Romania said. He did not reveal the production capacity of the facility Bunge has in Buzau. Domestic vegetable oil market is put at approximately 250,000 tonnes a year, which means that almost 8% of the domestic oil output will go to Bulgaria.

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