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Bangkok Produce Merchandising and Louis Dreyfus Company Ink Collaboration to Utilize Satellite Mapping Solutions for Soy Traceability

01-22-2024 09:21 AM CET | Industry, Real Estate & Construction

Press release from: Charoen Pokphand Foods

Bangkok Produce Merchandising and LDC Ink Collaboration to Utilize Satellite Mapping Solutions for Soy Traceability

Bangkok Produce Merchandising and LDC Ink Collaboration to Utilize Satellite Mapping Solutions for Soy Traceability

Bangkok, Thailand: Bangkok Produce Merchandising Public Company Limited (BKP), a subsidiary of Charoen Pokphand Foods Public Company Limited (CPF), and Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods, have signed an MOU to collaborate on the utilization of satellite mapping solutions and traceability data points for sustainable and deforestation-free supply chains.

Bangkok Produce Merchandising and LDC are committed to a common goal of a deforestation-free supply chain by 2025. The two companies will work together for commercial, sustainable, and technical efforts, including shared traceability data points, systems, and satellite mapping verification along their supply chains. The agreement covers soy products sourced by LDC in Brazil and destined for several countries in Asia, where Bangkok Produce Merchandising and CPF produce and sell feed and food.

Paisarn Kruawongvanich, Chief Executive Officer of Bangkok Produce Merchandising, said consumers today are increasingly prioritizing responsibly sourced products, and Bangkok Produce Merchandising is meeting that demand. We are working with global leading companies to leverage our capabilities in accelerating traceable sourcing, processing, operation, and commitment toward CPF's Net-Zero goal by 2050.

"This project fully aligns with LDC's commitment to fostering sustainable practices across our business activities, delivering impactful solutions that meet customer and consumer demands, and ultimately contributing to a more sustainable and resilient future of food and agricultural production," said James Zhou, LDC's Group Chief Commercial Officer, Head of Food & Feed Solutions and Head of Asia.

CP Tower Silom Building, Silom Road, Bangrak

About Bangkok Produce Merchandising PCL

Bangkok Produce Merchandising PCL (BKP), a Feed Ingredient Trading Business Unit of Charoen Pokphand Foods Public Company Limited (CP Foods), aims to be a sustainable leader with solid foundation of sustainability throughout its supply chain.

Media Contact: passakorn.sar@bkp.co.th

About Louis Dreyfus Company

Louis Dreyfus Company is a leading merchant and processor of agricultural goods, founded in 1851. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time - safely, reliably and responsibly. Our activities span the entire value chain, from farm to fork, across a broad range of business lines (platforms): Carbon Solutions, Coffee, Cotton, Food & Feed Solutions, Freight, Global Markets, Grains & Oilseeds, Juice, Rice and Sugar. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Louis Dreyfus Company is active in over 100 countries across six geographical regions, and employs approximately 17,000 people globally. For more information, visit www.ldc.com and follow us on LinkedIn, X and WeChat (ID: we_are_ldc).

Media Contact: media@ldc.com

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