SAN RAMON, Calif. & ST. LOUIS–(BUSINESS WIRE)–Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Bunge North America, Inc., a subsidiary of Bunge Limited (NYSE: BG), announced today a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks. Upon finalization of the joint venture, Chevron and Bunge’s partnership would establish a reliable supply chain from farmer to f