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May 29, 2014
06:00 EDTSZYM, BGSolazyme Bunge renewable oils plant begins commercial production in Brazil
Solazyme (SZYM) announced that its joint venture with Bunge Global Innovation, a wholly-owned subsidiary of Bunge (BG), has successfully produced its first commercially saleable products on full-scale production lines, including the 625,000L fermentation tanks, at the Solazyme Bunge Renewable Oils plant in Brazil. Both oil and encapsulated lubricant, Encapso, products have been manufactured; production is continuing and is expected to reach nameplate capacity within the next 12-18 months.
News For SZYM;BG From The Last 14 Days
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November 29, 2015
19:05 EDTBGDeutsche Bank devised tax avoidance strategies for corporate clients, FT says
Deutsche Bank (DB) devised international tax avoidance strategies for certain of its corporate clients, reports the Financial Times, citing several documents and sources. The bank pitched its tax saving plans -- which featured so-called profit-participating instruments -- to companies including AB InBev (BUD), Archer Daniels (ADM), Bunge (BG), and Cargill this year, according to the publication. None of the proposals were illegal, noted the Financial Times, and Deutsche commented that "these transactions were never executed." Reference Link

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