BP forming 50:50 biofuels JV with Bunge in Brazil; growing existing biofuels business >50%

Green Car Congress
By mmillikinJul 28, 2019, 5:00 am703 ptsHot
BP will form a 50:50 biofuels joint venture with Bunge—a leader in agriculture, food and ingredients. BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil: BP Bunge Bioenergia. BP’s interest in the…

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