Bunge, Repsol Launch Next-Gen Biofuel Initiative In Europe, Target 90% Emissions Cut
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
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Source: Benzinga
Bunge and Repsol's Renewable Energy Initiative: Bunge Limited and Repsol have introduced camelina and safflower as new crops for renewable fuel production in Europe, aiming to create low-carbon oils that can reduce emissions by up to 90% compared to traditional diesel.
Investment in Sustainable Feedstocks: The collaboration focuses on expanding sustainable feedstock options and enhancing supply chains for advanced renewable fuels, with plans to work closely with Spanish farmers to cultivate novel seed varieties.
Analyst Views on FXG
Wall Street analysts forecast FXG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 64.546
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Current: 64.546
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
