DuPont, Wilmington, Del., and Bunge Limited, White Plains, N.Y., announce plans for a global alliance. (Industry News).

DuPont, Wilmington, Del., and Bunge Limited, White Plains, N.Y., announce plans for a global alliance. As part of the agreement, the two companies will form a joint venture, Solae LLC, St. Louis, to produce and distribute specialty food ingredients, beginning with soy proteins and lecithins. Also included is a biotechnology agreement to jointly develop and commercialize soybeans with improved quality traits. DuPont will contribute its Protein Technologies food ingredients business for a majority interest in the joint venture; Bunge will receive a 28 percent interest plus an estimated $260 million in cash.