Bunge enters partnership to recycle edible oils as Wayne-Sanderson Farms supports research feed mill
NETHERLANDS — Agricultural commodities trader Bunge has entered into a new partnership with Olleco, the renewables division for ABP Food Group, to extend the life of used cooking oils.
The two companies have agreed to form a joint venture that will work with food service and food manufacturing customers in Europe to supply oils and ensure used cooking oil is collected and used as a feedstock for renewable fuels production.
“We are pleased to partner with Olleco as we expand our portfolio of renewable feedstocks in Europe,” said Greg Heckman, chief executive officer of Bunge.
“Together, we share a commitment to sustainability and to finding innovative solutions to reduce carbon in our value chains.”
The partnership, headquartered in Amsterdam, Netherlands, is expected to leverage Bunge’s customer relationships, footprint, and global expertise in vegetable oil production and Olleco’s market model in the supply, collection, and conversion of cooking oils.
“This is an exciting step for Olleco in Europe,” said Joe Kenny, CEO of Olleco. “The 50/50 joint venture will accelerate our expanding footprint, allowing us to unlock a wider, professionalized service to the food industry that works to capture this valuable resource.”
Wayne-Sanderson Farms supports research feed mill
“Every aspect of the poultry business, from educational leadership to scientific research, is positively impacted by the MSU program, and we’re glad to do our part.”
Meanwhile, Wayne-Sanderson Farms has made a second $500,000 donation toward the construction of Mississippi State University’s (MSU) new poultry feed mill.
The recent donation brings the company’s total contribution to the multimillion-dollar research facility to $1 million, according to a report by World Grain.
“We’re proud to continue our support as Mississippi State gets that much closer to reaching their goal,” said Clint Rivers, president, and chief executive officer of Wayne-Sanderson Farms. “Every aspect of the poultry business, from educational leadership to scientific research, is positively impacted by the MSU program, and we’re glad to do our part.”
When completed, the new mill will feature nearly 5,000 square feet of interior processing space featuring grinding, batching, pelletizing, and bagging systems, additional space for ingredient and finish feed storage, as well as outside grain storage areas.
An onsite feed mill also will expand university poultry nutrition and feed manufacture research capabilities, existing degree program majors and minors, and the potential for new feed manufacture programs.
The endowment, which pushes fundraising for the project near the halfway mark, comes on the heels of the recent merger of Wayne Farms and Sanderson Farms.
Both legacy companies were longtime supporters of the university’s Department of Poultry Science program, ranked by industry leaders as one of the top programs in the nation.
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