BG » Topics » Item 2. Properties

These excerpts taken from the BG 10-K filed Mar 3, 2008.

Item 2.    Properties

        The following tables provide information on our principal operating facilities as of December 31, 2007.

Facilities by Division

 
  Aggregate
Production
Capacity

  Aggregate
Storage
Capacity

 
  (metric tons)
Division        
Agribusiness   134,280   17,334,541
Fertilizer   161,958   3,347,017
Food Products   34,061   880,992

Facilities by Geographic Region

 
  Aggregate
Production
Capacity

  Aggregate
Storage
Capacity

 
  (metric tons)
Region        
North America   63,541   7,054,611
South America   220,457   12,187,224
Europe   39,250   1,852,027
Asia   7,050   138,389

21


        In addition, we have operations in various ports either directly or through alliances and joint ventures. Our corporate headquarters in White Plains, New York, occupy approximately 35,000 square feet of space under a lease that expires in February 2013. We also lease other office space for our operations worldwide.

        We believe that our facilities are adequate to address our operational requirements.

    Agribusiness

        In our agribusiness operations, we have approximately 302 grain storage facilities that are located close to agricultural production areas and export locations. We also have approximately 56 oilseed processing plants and approximately 47 marketing and distribution offices throughout the world.

    Fertilizer

        In our fertilizer division, we currently operate four phosphate mines in Brazil. In addition to our phosphate mines, we also operate approximately 44 processing plants that are strategically located in the key fertilizer consumption regions of Brazil, thereby reducing transportation costs to deliver our products to our customers. Our mines are operated under concessions from the Brazilian government. The following table sets forth information about the phosphate production of our mines:

 
  Annual Phosphate
Production for the
Year Ended
December 31,
2007

  Estimated Years
of Reserves
Remaining

 
Name

  (millions of metric tons)
 
Araxá   0.704   20 (1)
Cajati   0.598   16 (1)
Catalão(2)   1.560   31  
Tapira(2)   2.074   53  

(1)
We operate our mines under concessions granted by the Brazilian Ministry of Mines and Energy. The Araxá and Cajati mines operate under concession contracts that expire in 2027 and 2023, respectively, but may be renewed at our option for consecutive ten-year periods thereafter through the useful life of the mines. The number of years until reserve depletion represents the number of years until the initial expiration of those concession contracts. The concessions for the other mines have no specified termination dates and are granted for the useful life of the mines.

(2)
Bunge has a controlling interest in and consolidates the results of Fosfertil. Fosfertil owns the Catalão and Tapira mines, as well as the Salitre mine described below.

        In addition to the mines listed above, we also have interests in three additional phosphate mines, Salitre, Anitápolis and Araxá CBMM, with proven reserves where production has not yet commenced. Our interest in Anitápolis is through an unconsolidated joint venture. The production capacity for the Salitre, Anitápolis and Araxá CBMM mines is estimated to be approximately 1 million, 300,000 and 500,000 metric tons of phosphate per year, respectively. At this production level, the number of years until depletion of the phosphate reserves is expected to be 96 years for Salitre, 14 years for Anitápolis and 19 years for Araxá CBMM.

    Food Products

        In our food products operations, we have approximately 57 refining, packaging and milling facilities dedicated to our food products operations throughout the world.

22




Item 2.    
Properties



        The following tables provide information on our principal operating facilities as of December 31, 2007.



Facilities by Division













































 
 Aggregate

Production

Capacity

 Aggregate

Storage

Capacity

 
 (metric tons)
Division    
Agribusiness 134,280 17,334,541
Fertilizer 161,958 3,347,017
Food Products 34,061 880,992




Facilities by Geographic Region




















































 
 Aggregate

Production

Capacity

 Aggregate

Storage

Capacity

 
 (metric tons)
Region    
North America 63,541 7,054,611
South America 220,457 12,187,224
Europe 39,250 1,852,027
Asia 7,050 138,389



21









NAME="page_ce10101_1_22">











        In addition, we have operations in various ports either directly or through alliances and joint ventures. Our corporate headquarters in White Plains, New York, occupy approximately
35,000 square feet of space under a lease that expires in February 2013. We also lease other office space for our operations worldwide.




        We
believe that our facilities are adequate to address our operational requirements.





    Agribusiness





        In our agribusiness operations, we have approximately 302 grain storage facilities that are located close to agricultural production areas and export locations.
We also have approximately 56 oilseed processing plants and approximately 47 marketing and distribution offices throughout the world.





    Fertilizer





        In our fertilizer division, we currently operate four phosphate mines in Brazil. In addition to our phosphate mines, we also operate approximately 44 processing
plants that are strategically located in the key fertilizer consumption regions of Brazil, thereby reducing transportation costs to deliver our products to our customers. Our mines are operated under
concessions from the Brazilian government. The following table sets forth information about the phosphate production of our mines:



















































 
 Annual Phosphate

Production for the

Year Ended

December 31,

2007

 Estimated Years

of Reserves

Remaining

 
Name

 (millions of metric tons)
 
Araxá 0.704 20(1)
Cajati 0.598 16(1)
Catalão(2) 1.560 31 
Tapira(2) 2.074 53 






(1)
We
operate our mines under concessions granted by the Brazilian Ministry of Mines and Energy. The Araxá and Cajati mines operate under concession contracts that expire
in 2027 and 2023, respectively, but may be renewed at our option for consecutive ten-year periods thereafter through the useful life of the mines. The number of years until reserve
depletion represents the number of years until the initial expiration of those concession contracts. The concessions for the other mines have no specified termination dates and are granted for the
useful life of the mines.


(2)
Bunge
has a controlling interest in and consolidates the results of Fosfertil. Fosfertil owns the Catalão and Tapira mines, as well as the Salitre mine described below.




        In
addition to the mines listed above, we also have interests in three additional phosphate mines, Salitre, Anitápolis and Araxá CBMM, with
proven reserves where production has not yet commenced. Our interest in Anitápolis is through an unconsolidated joint venture. The production capacity for the Salitre,
Anitápolis and Araxá CBMM mines is estimated to be approximately 1 million, 300,000 and 500,000 metric tons of phosphate per year, respectively. At this production
level, the number of years until depletion of the phosphate reserves is expected to be 96 years for Salitre, 14 years for Anitápolis and 19 years for
Araxá CBMM.





    Food Products





        In our food products operations, we have approximately 57 refining, packaging and milling facilities dedicated to our food products operations throughout the
world.



22









This excerpt taken from the BG 10-K filed Mar 16, 2005.

Item 2.    Properties

        The following tables provide information on our principal operating facilities as of December 31, 2004.

Facilities by Division

Division

  Aggregate
Size

  Aggregate
Daily
Production
Capacity

  Aggregate
Daily
Storage Capacity

 
  (square meters)
  (metric tons)
  (metric tons)
Agribusiness   2,790,483   136,229   10,434,931
Fertilizer   1,476,533   142,720   2,515,822
Food Products   1,140,157   25,193   531,932

Facilities by Geographic Region

Region

  Aggregate
Size

  Aggregate
Daily
Production
Capacity

  Aggregate
Daily
Storage Capacity

 
  (square meters)
  (metric tons)
  (metric tons)
North America   1,045,716   62,191   7,139,235
South America   2,549,885   196,926   4,451,231
Europe   1,811,572   45,025   1,892,219

        In addition, we have operations in various ports either directly or through alliances and joint ventures. Our corporate headquarters in White Plains, New York, occupy approximately 35,000 square feet of space under a lease that expires in February 2013. We also lease offices for our international marketing operations worldwide.

        We believe that our facilities are adequate to address our operational requirements.

    Agribusiness

        In our agribusiness operations, we have approximately 270 grain storage facilities that are located close to agricultural production areas and export locations. We also have approximately 50 oilseed processing plants and approximately 30 international marketing offices throughout the world.

16


    Fertilizer

        In our fertilizer division, we currently operate four phosphate mines in Brazil. In addition to our phosphate mines, we also operate approximately 22 processing plants that are strategically located in the key fertilizer consumption regions of Brazil, thereby reducing transportation costs to deliver our products to our customers. Our mines are operated under concessions from the Brazilian government. The following table sets forth information about the phosphate production of our mines:

Name

  Annual Phosphate Production
for the Year Ended
December 31, 2004

  Years Until
Reserve Depletion

 
 
  (millions of metric tons)

   
 
Araxá   0.83   23 (1)
Cajati   0.63   19 (1)
Catalão   1.05   34  
Tapira   1.93   56  

(1)
We operate our mines under concessions granted by the Brazilian Ministry of Mines and Energy. The Araxá and Cajati mines operate under concession contracts that expire in 2027 and 2023, respectively, but may be renewed at our option for consecutive ten-year periods thereafter through the useful life of the mines. The number of years until reserve depletion represents the number of years until the initial expiration of those concession contracts. The concessions for the other mines have no specified termination dates and are granted for the useful life of the mines.

        In addition to the mines listed above, we also have interests in two additional phosphate mines, Salitre and Anitápolis, with proven reserves where production has not yet commenced. The production capacity for the Salitre and Anitápolis mines is estimated to be approximately 1 million and 500,000 metric tons of phosphate per year, respectively. At this production level, the number of years until depletion of the phosphate reserves is expected to be 97 years for Salitre and 15 years for Anitápolis. We expect to commence production at Anitápolis in 2005. In 2004, we ceased production at a fifth mine, Patos de Minas, as its phosphate reserves have been substantially depleted.

    Food Products

        In our food products operations, we have approximately 44 refining and bottling facilities and 22 other facilities dedicated to our food products operations throughout the world.

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