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EnviroTech :: Environment

DuPont Acquires Bunge's Stake in Solae

9:35 AM MDT | May 1, 2012 | Kara Sissell

DuPont says it has acquired full ownership of Solae (St. Louis) a soy ingredients manufacturer it formed with Bunge in 2003. DuPont, which previously owned 72% of the joint venture, acquired Bunge's 28%.   “Our customers will benefit from the full ownership of Solae as we can further increase the speed of innovation, food formulation and nutrition science capabilities across a wide range of specialty food ingredients,” says Craig Binetti, president of DuPont’s Nutrition & Health unit. “Our long-term segment financial targets are...

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