Search
Better Farming OntarioBetter PorkBetter Farming Prairies

Better Farming Ontario Featured Articles

Better Farming Ontario magazine is published 11 times per year. After each edition is published, we share featured articles online.


Eastern Canadian canola, soybean crushers establish joint venture

Wednesday, December 14, 2011

by BETTER FARMING STAFF

Bunge North America and Twin Rivers Technologies Enterprises de Transformation de Graines Oleagineuses du Quebec Inc. (TRT-ETGO) have formed a joint venture - Bunge ETGO. It will combine the commercial activities related to the crushing and refining operations of Bunge's Hamilton, Ont. plant and TRT-ETGO's Becancour, Que. plant.
 
The combined crush capacity of Bunge ETGO is two million tons per year. Both plants are able to crush either canola seed or soybeans.  While Bunge and TRT-ETGO will continue to own and operate their respective facilities, the joint venture will be responsible for all commercial aspects of the business including oilseed procurement, product sales and risk management.

Wira Adam, acting CEO of TRT-ETGO, says the commercial team includes employees from both companies. However, TRT-ETGO will be closing its trading office in Montreal and relocating a few employees to Becancour or the joint venture's office in Oakville.
 
Financial terms of the agreement were not disclosed.

Bunge North America is the North American operating arm of Bunge Limited (NYSE: BG). Twin Rivers Technologies Enterprises de Transformation de Graines Oleagineuses du Quebec Inc. (TRT-ETGO) is a subsidiary of Felda Global Ventures Holdings Sdn Bhd of Malaysia. BF
 


 

Current Issue

June/July 2025

Better Farming Magazine

Farms.com Breaking News

Be ready for your next flat tire

Friday, May 30, 2025

By Braxten Breen Farms.com Intern The Andersen Hitches Rapid Jack is a three-in-one tool - a tire jack -- that can also be used as a post block or a wheel chock. Its main purpose is to help change tires on trailers, and this cool tool is made in the USA. It is an innovative Tire Jack... Read this article online

An Ontario Foodbelt? Two MPPs want to see it happen

Friday, May 30, 2025

Ontario has a Greenbelt and a Whitebelt, and if two MPPs are successful with a piece of legislation the province’s future will include a Foodbelt. Green Party of Ontario Leader Mike Schreiner (Guelph) and independent MPP Bobbi Ann Brady (Haldimand-Norfolk) tabled Bill 21, the Protect Our... Read this article online

Canadian Farm Income Sees Sharp Decline

Thursday, May 29, 2025

In 2024, Canadian farmers experienced a significant financial setback, with realized net income dropping by $3.3 billion, or 25.9%, to $9.4 billion according to Statistics Canada. This marks the steepest percentage decrease since 2018. When cannabis is excluded, the drop stands at... Read this article online

BF logo

It's farming. And it's better.

 

a Farms.com Company

Subscriptions

Subscriber inquiries, change of address, or USA and international orders, please email: subscriptions@betterfarming.com or call 888-248-4893 x 281.


Article Ideas & Media Releases

Have a story idea or media release? If you want coverage of an ag issue, trend, or company news, please email us.

Follow us on Social Media

 

Sign up to a Farms.com Newsletter

 

DisclaimerPrivacy Policy2025 ©AgMedia Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Back To Top