BUNGE TO LAUNCH NEW VEGOIL PLANT IN UKRAINE
Reuters, Kiev, Ukraine, Friday, November 2, 2007

KIEV - Oilseed processor and fertiliser producer Bunge Ltd plans to
launch a new sunflower oil processing plant in Ukraine with a daily
capacity of 2,000 tonnes of sunseed, an industry official said on Friday.

He said the plant, located in the Black Sea port of Iliychivsk, was likely
to start output this year. Ukraine already operates facilities to crush more
than 6 million tonnes of sunseed per season.

Producers have said the 2007 sunseed crop is likely to fall to 4.2 million
tonnes from more than 5 million in 2006. Sunoil output could total 1.8
million tonnes in 2007/08 against a record 2.3 million in 2006/07.

Ukraine consumes about 500,000 tonnes of sunoil per season and sold
abroad a record 1.86 million tonnes in 2006/07. This season, sunoil exports
could fall to about 1.3 million tonnes and raw sunoil amounted to about 80
percent of exports.