Sugar Industry News

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Updated : Mon, 02 Mar 2015 08:22:11 +0200
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Kenya: House Team Told to Table Mumias Sugar Findings

National Assembly speaker Justin Muturi yesterday warned the Agriculture Committee that it risks disbandment for not tabling a report on the rot at Mumias Sugar Company.

Anxiety in House as Comesa sugar safeguards expire

Members of Parliament are in a hurry to see five sugar millers privatised. They said the Government-owned millers need to be sold to enable them survive the influx of cheap sugar imports expected after expiry of tariff safeguards under the Common Market for Southern and Eastern Africa ( Comesa).

Sucden, ED&F Man expected to scoop up 1 mln T of sugar ICE delivery

Feb 27 (Reuters) - ED&F Man and Sucres & Denrees (Sucden) are expected to buy just over 1 million tonnes of raw sugar against the March ICE contract that expired on Friday, raising questions about whether the larger-than expected purchase has homes as prices tumble.

Sunshine Sugar plans to sell 50% of company to Manildra

THE Sunshine Sugars Co-operative hopes a plan to sell 50% of its milling operation to Australian wheat, sugar and ethanol company Manildra will help protect the Australian sugar industry.

Union: Involve farmers

CANEFARMERS no longer see the sugar industry as a profitable one, says National Farmers Union general secretary Mahendra Chaudhry.

No provision for MSMEs, sugar industry in Union Budget

Meerut: Small and medium scale industry leaders in Meerut have received Saturday's Union Budget in a lukewarm manner - they say provisions are mostly pro-big business. Also, the sugar industry, reeling under a crisis and unable to pay dues to sugarcane farmers, is disappointed with the Union Budget.

Hellenic Sugar EBITDA loss widens to 25.52 mln euros

H2 net loss figures to 39.76 million euros versus loss of 14.36 million euros year ago. A Hellenic Sugar Industry spokesman corrected a statement earlier issued by the company

Zambia Sugar PLC denies tax evasion assertions

The Zambia Sugar Company has dispelled assertions that it has been evading paying tax to government.

Investors eye sugar industry

TRYNESS MBALE, Mazabuka THE Zambia Development Agency (ZDA) has received several applications from prospective investors into the sugar industry.

UAE has high sugar consumption

DUBAI: Saudi Arabia and Egypt are among the Middle East's top ten most prevalent countries for diabetes, even though the UAE has the highest sugar consumption, according to a recent study done by Nielsen Market Research and Analysis Company.

Indian firm to build $400m Jazan sugar refinery

India-based Shree Basaveshwar Sugars Limited (SBSL) has signed an agreement to build a SR1.5-billion ($400 million) sugar refinery in Jazan Industrial City in southern Saudi Arabia, a report said.

Deal signed for SR1.5 billion Jazan sugar refinery

Prince Turki bin Mohammed bin Nasser, chief promoter of Jazan Industrial City, has signed an agreement with Shree Basaveshwar Sugars Ltd. (SBSL) of India to establish an SR1.5 billion sugar refinery project in the new industrial city located south of the Kingdom.

ugar Investment Trust: le CEO Bholah dmissionne

Accompagn de son homme de loi, Ravin Bholah s'est prsent devant un comit disciplinaire mardi. Suspendu de ses fonctions de Chief Executive Officer (CEO) du Sugar Investment Trust (SIT) depuis mi-janvier, il a prfr soumettre sa dmission. Au NG Tower bne, sige du SIT, il ressort que l'ex-n 1 est reparti avec deux mois de salaire.

Zero sugar choice

MOTIBHAI Group is proud to be the first local owned company to develop the formulation, manufacture and distribute sugar free soft drinks in Fiji and also export them to neighbouring countries.

U.S. sugar refiners challenge deal over Mexico imports

WASHINGTON, Feb 19 (Reuters) - A deal to set limits on sugar imports to the United States from Mexico would squeeze U.S. sugar refiners and puts the needs of growers and millers first, refiners said on Thursday.

Report puts Mumias mess on Evans Kidero's doorstep

NAIROBI: A parliamentary draft report on the ailing sugar industry says Nairobi Governor Evans Kidero, who was Managing Director of Mumias Sugar Company (MSC), should take full responsibility for the fraudulent transactions that have brought the firm to its knees, The Standard on Saturday can reveal.

Kenya: State Wants Foreign Boss for Mumias, Says Savula

THE government wants to appoint an expatriate manager to run Mumias Sugar Company, Lugari MP Ayub Savula has said.

New plant to save Rwanda Rwf20 billion in sugar imports

The country could save up to $28 million (about Rwf20 billion) on sugar importation when Mauritian investor, Mauritius ACS Limited, starts producing sugar by the end of the year, Emmanuel Hategeka, the Ministry of Trade and Industry permanent secretary, has said.

Cane theft could cost two sugar millers in Kakamega their licences

Licences of two private millers in western Kenya could be revoked should Parliament adopt a report on the findings of an inquiry into the challenges facing the sugar sector.

Mackay Sugar directors defeat call for resignation in general meeting

An attempt by a group of canegrower-shareholders to overthrow the leadership of Mackay Sugar failed last night.

Mackay Sugar has held a general meeting, in which an attempt to overthrow two directors failed

Mackay Sugar has held a general meeting, in which an attempt to overthrow directors Andrew Cappello and Sydney Gordon failed.

Senators launch fresh bid for sugar policy overhaul

NEW YORK (Reuters) - Three senators on Thursday introduced a bill to overhaul the U.S. government's controversial sugar program, aiming to lower price-support levels and change domestic supply restrictions.

Sugar shareholders debate about directors

IN accordance with Section 249D of the Corporations Act 2001, a General Meeting for all shareholders was held today, Monday 16 February 2015 to vote on a resolution calling for the resignation of two Grower Directors, Mr Andrew Cappello and Mr Sydney Gordon.

Sugar mills make distress sales to pay farmers

MUMBAI (Reuters) - India's cash-strapped sugar mills, waiting on the government to approve export subsidies, are being forced to dump supplies in the domestic market to raise cash to pay cane farmers, pulling down local prices to 4-1/2 year lows.

Mauritius sugar producer Alteo says profit rises 16 pct in first half

PORT LOUIS (Reuters) - Mauritius sugar producer Alteo's pretax profit rose 16.7 percent to 1.041 billion rupees ($31.35 million) boosted by a one-off disposal of a stake it held in a hotel company, it said on Thursday.

Senators launch fresh bid for sugar policy overhaul

NEW YORK (Reuters) - Three senators on Thursday introduced a bill to overhaul the U.S. government's controversial sugar program, aiming to lower price-support levels and change domestic supply restrictions.

Sugar mills seek govt help to dispose of supply surplus

DUBAI (Reuters) - Struggling sugar mills in India should benefit from a fixed-pricing mechanism for fuel ethanol but still need government support to export surplus sugar, the Director General of the Indian Sugar Mills Association said on Sunday.

Zambia Sugar's sweet Irish tax deal

A Zambian food company pays almost no tax in poverty-stricken Africa, opting instead to route its profits through Dublin. Our tax regime helps multinationals but does little for struggling nations

Much needed reform to sugar program reintroduced

Due in large part to the high price of sugar, U.S. sugar-using companies continue to move offshore or go out of business altogether. It has long been known by the sugar-using industries that 130,000 jobs have been lost in due to the U. S. Sugar Program passed in the 2008 Farm Bill. In 2012 the Senate Agriculture Committee approved in its farm bill to reauthorized the current sugar program without any change through crop year 2017 and therefore forced U. S. sugar-using industries to continue to pay 50 percent above the world price for sugar. Over and over throughout the following years many sugar-using industries have pleaded for reform; over and over amendments have been offered only to be tabled or voted down. Even though our U. S. Sugar Program has led to a nearly $300 million bailout of the sugar industry in 2013 when our government was forced to buy hundreds of thousands of tons of sugar to protect sugar processors from default who borrowed taxpayer dollars under the current price-support program.

More woes for the sugar industry

Yesterday's headlines screamed of confusion among sugar stakeholders leading to the stoppage of the sugar bidding last Thursday due to the 1 percent tax imposed by the Bureau of Internal Revenue on the withdrawal of sugar from the mills.

Sugar conduct taskforce will put the cards on the table'

AFTER being plagued by concerns over sugar marketing deals, farmers are having their voices heard.

Tough grind for sugar

DESPITE extensive Government efforts to revitalise the country's sugar industry, Fiji will need to prepare for a reduction in export revenues before 2017, Prime Minister and Minister for Sugar Voreqe Bainimarama warned.

BMJ Investigation Claims To Blow The Lid Off Sugar Industry's Attempts To Influence Health Policy

An investigative report from the BMJ reportedly found extensive links between the sugar industry and public health scientists. British freelance investigative journalist Jonathan Gornall, formerly of the Times and previously named Freelance Journalist of the Year by the Medical Journalists Association, claims in his series of reports published in the BMJ that the sugar industry could be influencing health policy.

Dalmia Bharat Sugar acquires one more sugar mill in Maharashtra

PUNE: Delhi-based Dalmia Bharat Sugar Industries has acquired Ninaidevi SSK, a sick sugar cooperative in Maharashtra's Sangli district, for Rs 24.32 crore through auction process. Its second buyout in the country's largest sugar producing state signifies increasing preference among companies with a national presence and international trading houses for Maharashtra over Uttar Pradesh for new investments.

Brazil's Sao Martinho profit jumps 66 pct on sugar and energy sales

Brazil's Sao Martinho sugar and ethanol group said October-to-December net profit grew 66 percent from a year ago to 54.6 million reais ($19.7 million), crediting improved sales of sugar and biomass electricity.

Abadi visits Babel province to inaugurate Sugar Factory

Babel (IraqiNews.com) The Prime Minister, Haider al-Abadi, visited Hilla city of central Babel province on Monday. Reporter of IraqiNews.com said Abadi will inaugurate Sugar Factory with a capacity of 3.000 tons daily. The Factory is established by an Iraqi investor, the reporter added.

Khon Kaen Sugar keeps its focus on renewable energies

SET-listed Khon Kaen Sugar Industry Plc (KSL), Thailand's fourth-largest sugar miller, expects strong revenue growth this year despite global sugar prices being unlikely to provide substantial profit.

Mauritius 2014 sugar output hit by strike, heavy rains

PORT LOUIS (Reuters) - Mauritius estimated sugar production for 2014 fell 4 percent compared to forecasts, the Chamber of Agriculture said on Monday, blaming a workers strike and heavy rains for disrupting the harvest.

Sugar-sponsored coloring book for kids hits a sour note

A children's coloring book produced by the sugar industry starred in a two-county controversy last week one that raises questions about how corporate propaganda gets distributed.

Drought may cost sugar industry R920m this season

Drought in South Africa's main sugar-producing region may cost the industry about $81 million, a growers' association said.

Businessman at centre of the Sh1.2b Mumias sugar import scandal

High flying businessman Benson Sande Ndeta was relaxing in the US with his family during his Christmas holiday when the email came.

Kantale Sugar Factory to reopen soon

The government is making arrangements to reopen the Kantale Sugar Factory in collaboration with the new investors. Basic procedures in this regard are ongoing, Land Development Minister M. K. D. S. Gunawardena said.

Tate shares plunge as ethanol, sugar force profits warning

Shares in Tate & Lyle plunged 15% after the corn processor, again, warned on profits, citing a "sharp deterioration" in ethanol margins and the weak European sugar market which has caught out some rivals too.

Venezuela begins sugar occupation

National guardsmen and state price adjusters are fanning out across Venezuela to impose a military-style occupation with an unusual goal - Making sure shoppers can buy enough sugar.

Villar: Sugar workers to benefit more from new Sugar Act

The Senate has adopted the reconciled version of the bill that will equip the local sugar industry with the necessary tools in order to compete with other Southeast Asian countries in time for the economic integration later this year.

Swaziland: Mystery of Swazi King's $10 Million 'Loan'

There is a mystery as to why King Mswati III of Swaziland needed a US$10 million loan from the company running the Ngwenya Iron Ore Mine.

Kenya: Mumias Sugar Told to Change Management

MUMIAS Sugar Company's lenders have called for a new team that can drive the business differently.

Egypt's Al Nouran plant sugar to start operations in Q4 2016: CEO

DUBAI (Reuters) - Egypt's Al Nouran sugar production facility, a 2.5 billion Egyptian pound ($357 million) project, will begin operations in the last quarter of 2016, the firm's chairman and chief executive officer Ashraf Mahmoud told Reuters on Sunday.

New sugar refinery to start operations in Saudi Arabia by end-2017

DUBAI, Feb 2 (Reuters) - A new sugar refinery is due to start operations in Jizan in southwest Saudi Arabia by the end of 2017, adding to a stream of projects that will significantly raise the Middle East's refining capacity.

FG attracts $3bn investment to sugar industry as Ogun commissions 57th factory

Olusegun Aganga, minister of industry, trade and investment, has disclosed that the Federal Government attracted more than $3 billion to the Nigeria's sugar industry under sugarcane-to-sugar project pursued to drastically reduce huge resources spent annually on sugar imports. According to the minister, Nigeria imports 97 percent of sugar that she consumes, which he said, is (subscription reqd)

Congress ratifies Sugarcane Bill, awaits PNoy's signature

Negros Occidental Third District Representative Alfredo Benitez said that after the ratification of the House of Representatives and the Senate, President Benigno Aquino III is expected to sign it into a law.

Sugar companies seek to restructure debt

The companies are struggling to make profits in an environment where prices are skewed by policies set by the central and state governments

2014 a turning point for Idaho's struggling sugar beet industry

2014 was a step in the right direction for Idaho sugar-beet growers, with cash receipts increasing by 9 percent and rising sugar prices returning the first profit in three years.

Productive sector could benefit from renewable energy

KINGSTON, Jamaica (JIS) Speaking at the workshop on Opportunities for Sustainable Energy Production in the Sugar Industry of Jamaica' held in Kingston on January 30,' Minister of State in the Ministry of Science, Technology, Energy and Mining, Julian Robinson, said the introduction of renewable energy as part of the energy mix, will provide noticeable benefits to the productive sector and by extension the consumers of goods and services.

Sweet victory for manufacturers - Sugar Industry Authority revamps refined-sugar policy

The refined-sugar regime proposed last year by Agriculture Minister Derrick Kellier will go ahead with the Sugar Industry Authority (SIA) as sole importer, but only for the retail trade, as major manufacturers will continue to source and import their own sweetener.

Sugar industry's direction was still very clear

WHILE the power of majority determining which party will govern the state of Queensland is hanging in the balance, Canegrowers Mackay chairman Kevin Borg said the sugar industry's direction was still very clear.

UP sugar production crosses 3 mt this season

The sugar production in Uttar Pradesh has crossed 3.3 million tonnes (mt) in the 2014-15 crushing season so far, 23 per cent higher than that in the corresponding period last year.

Allan Quaid - Sugar Industry Pioneer Dies At 72

Allan D. Quaid, 72, of Queensland, Australia formerly of Clewiston, passed away January 24, 2015, in Saint Johns, Florida. Allan was a pioneer in the sugar industry, for which he worked nearly thirty years. He helped to bring the first mechanical harvesters to Florida and changed the way harvesting was done. Allan returned to his native Australia in 2008 to live his dream of farming and ranching.

International unions crack down on Fiji's sugar industry

Prime Minister Frank Bainimarama is under growing pressure to overhaul laws and decrees governing Fiji's sugar industry, which the International Labour Organisation says are in breach of ratified conventions.

Milestones to overcome sugar industry millstones

Ongoing issues rocked the Australian sugar cane industry during 2014, yet its peak body asserts there will be no backward step in confronting those sizeable outside forces in 2015.

Helping hand for sugar

Prime Minister Freundel Stuart made the announcement yesterday during the monthly luncheon of the Barbados Chamber of Commerce & Industry at Hilton Barbados.

An idea to help sugar industry

TUESDAY'S DAILY NATION Back Page reported that the proposed new sugar factory is estimated at $500 million. Is this US, Trini or Bajan dollars?

Money coming for sugar farmers, says PM

BARBADOS' FINANCIALLY-TROUBLED sugar industry will soon be getting an injection of cash.

Drought knocks KZN sugar industry (subscription reqd)

KZN has been hit by a severe drought that has disrupted business and reduced yields on farms, especially in the sugar sector, and could lead to job losses.

Kenya: Cane Buying Centres to Reduce Post Harvest Losses

Farmers in western Kenya will benefit from cane buying centres where harvested sugarcane will be delivered, to stop post harvest losses.

The Magana Factor

One week ago in the House of Representatives, the Sugar Industry Amendment Act was passed into law. It allows for other growers groups to exist and do business with the factory owners.

Sugar markets faces first of 'several' sugar deficit years

The world sugar market is poised for the first of what could be "several years" of production shortfall, as the poor finances of many mills finally hits home, Green Pool said.

Rickards says political bias in selection of EU Sugar Programme projects

DUANVALE, Trelawny Chairman of the All-Island Jamaica Cane Farmers' Association Allan Rickards (AIJCFA) says a number of the projects financed by European Union (EU) money under the Sugar Transformation Unit (STU) in the Ministry of Agriculture, are politically selected for the benefit of the cane farming communities.

Chand to meet sugar industry stakeholders

THE Sugar Ministry's newly-appointed acting permanent secretary, Parmesh Chand will meet with industry stakeholders tomorrow.

Respect the Association but Love the Farmers - Freedom for All Caneros

It was the expressed interest of a substantial number of cane farmers to have the freedom to associate with the association of their choice where they will be able to openly and freely voice their opinions as is their constitutional Right. Hon. Hugo Patt, Minister of State in the ministry of Natural Resources and Agriculture and former Chairman of the Sugar Industry Control Board.

The Law Straightening Sugar

On Monday we had extensive coverage of the end of the sugar standoff when BSI finally signed with the Belize Sugar Cane Farmers Association, or the BSCFA. Also on that day, the government took the Sugar Industry Amendment Bill to the House of Representatives to make legal provisions for all the smaller farming associations and reaping groups which have emerged in wake of the splintered BSCFA.

Sugar output at Uganda's top producers seen up 11 pct in 2015

KAMPALA (Reuters) - Uganda's three largest sugar refiners are expected to produce 11.5 percent more this year, helped by an expanded cane acreage, an industry official told Reuters on Wednesday.

Sugar production in Uganda expected to go up by 12pc in 2015

Uganda's three largest sugar refiners are expected to produce 11.5 per cent more this year, helped by an expanded cane acreage, an industry official said yesterday.The east African country consumes about 350,000 tonnes of raw sugar a year and the Government wants more investment to meet rising demand, which is forecast to double by 2030. Wilberforce Mubiru, the secretariat manager at the Uganda Sugar Manufacturers Association

Tongaat Hulett - South African sugar operations

Rainfall in the South African cane catchment areas has been well below the long-term mean and this topic has received substantial coverage over the past few months.

Kenya: Oparanya Denies Promising Sh300 Million Grant to Mumias Sugar Company

KAKAMEGA Governor Wycliffe Oparanya has denied promising the troubled Mumias Sugar Company a Sh300 million grant to pay farmers' arrears.

Zambia: 'Revise Sugar Fortification Law'

THE Indaba Agricultural Policy Research Institute (IAPRI) has called on Government to revise legislation on Vitamin-A sugar fortification to market options for sugar investment.

KwaZulu-Natal sugar industry hard hit by drought

KWAZULU-Natal has been hit by a severe drought that has disrupted business and reduced yields on farms, especially in the sugar sector, and could lead to job losses.

Drought closes KZN sugar mill

Durban - One of South Africa's biggest sugar producers, Illovo Sugar, will close its Umzimkulu mill for the year-long 2015 milling season starting in April.

Three major products expected from Sugarcane ACt

BACOLOD CITY, Jan. 20 (PIA6) -- The proposed Sugarcane Industry Development Act of 2014 will pave the way for the growth of two other major products from sugarcane instead of just sugar alone, said Metro Bacolod Chamber of Commerce and Industry (MBCCI) president, Frank Carbon. - See more at: http://news.pia.gov.ph/article/view/2971421716943/three-major-products-expected-from-sugarcane-act#sthash.poYrFiuI.dpuf

Bill introduced to amend the Belize Sugar Industry Act

The Honorable the Deputy Prime Minister and Minister of Agriculture Mr. Gaspar Vega has introduced a Bill to parliament to amend the Belize Sugar Industry Act.

Greece: Hellenic Sugar Industry workers demonstration

Hellenic Sugar Industry employees and beet producers demonstrate in Thessaloniki on January 19, 2015 , in protest of the government's actions, which is harming sugar beet production and threatening the company's future.

A multicultural sugar industry?

Late last year emerging from an official visit to Cuba, was an announcement of the intention to engage assistance of Cuban expertise for Guyana's sugar industry. It has been previously noted that this was the second initiation of the kind in recent years.

AFC backs GAWU call for sugar industry inquiry

Noting that the livelihoods of 16,000 sugar workers are now in jeopardy, Alliance for Change (AFC) MP Moses Nagamootoo has supported a call by their union for an inquiry and stated that a forensic audit should be launched into the billions of dollars injected into the failing industry.

Queensland agriculture minister's promise to get tough on sugar mills fails to appease Canegrowers

Agriculture Minister John McVeigh may have come to Mackay with a clear message for the state's three, foreign-owned sugar milling companies, but the lack of a clear policy has failed to appease the industry's peak body, Canegrowers.

Queensland Agriculture Minister John McVeigh promises tough stance on sugar marketing dispute and Queensland Canegrowers chair Paul Schembri response

Queensland Agriculture Minister John McVeigh promises tough stance on sugar marketing dispute, but Queensland Canegrowers chair Paul Schembri says his organisation is not satisfied and wants an iron-clad guarantee

Uganda: New Sugar Project Deserves Support

After more than six years of delays and court battles, a press statement issued by State House last week said an agreement had been reached with all the stakeholders to expedite the Madhvani Group's Amuru sugar factory.

Madhvani cleared for Amuru sugar factory

Government has signed an agreement with the Lamogi community of Lamogi sub-county in Amuru district to have a sugar factory set up in the area, ending years of land disputes between the local people and the Madhvani group of companies.

Sugar Production goes up by 19%

Sugar Production has gone up by 19% (would put pressure on sugar prices); Government fixed FRP at Rs220-Rs230 per quintal (cane price to be paid to the farmers) negative read through for sugar sector

Primark's strong Christmas helps to offset ABF's sugar troubles

LONDON (Reuters) - Robust Christmas trading at Primark, the discount fashion chain owned by Associated British Foods (ABF.L), helped to make up for falls in revenue at the group's sugar business in the first quarter, which will weigh on full-year earnings.

Zinke: Sugar beet industry is economic engine

Sugar beets are the second leading source of sucrose, but Montana sugar beet products aren't solely enjoyed in sweets and confections. Sugar beets are processed into feed for our cattle, hogs and other livestock, helping support Montana's entire ag economy. I'm honored to have the opportunity to salute the top Sidney area sugar beet growers!

Leading cane farmers restate position on sugar crisis

The reports of the demise of the sugar industry in Belize and especially that of the Belize Sugar Cane Farmers Association (BSCFA) appear to be greatly exaggerated, in the view of at least one senior leader of the Association, although the Association was quick to distance itself today from their comments.

Pawar Bats For Sugar Industry

Mumbai : The issues bothering the sugar industries are growing worse day by day and the government needs act quickly to resolve the issues. The measures like paying export subsidy need to be taken immediately, NCP chief Sharad Pawar has said

EU pledge $65 million in development assistance for Fiji

Close to $65 million has been earmarked for Fiji in funding support from the European Union for the next FIVE years to assist the government in its development needs.

GAWU calls for inquiry into sugar industry

Calling for a commission of inquiry into the sugar industry, GAWU has slammed GuySuCo over last year's disappointing performance and accused it of producing the sweetener at a whopping US$40 cents per pound, harvesting young canes during the second crop and failing to negotiate a better sales deal with Tate and Lyle.

Local sugar manufacturers to sweeten domestic market

With the scheduled abolition of the European Union (EU) quota system in 2017 fast approaching and a three-year supply deal with British refiner Tate and Lyle in its final year, Karl James, general manager of Jamaica Cane Product Sales (JCPS), the marketing arm of the Sugar Industry Authority (SIA), says the domestic market will now be the priority for local sugar manufacturers.

New sugar project deserves support

Some local leaders, including opposition MPs, have persistently resisted the project, alleging that it was a ploy by the government to grab their land. The land in question is mostly customary, which means no individual can claim bona fide ownership. Thus local leaders advised Madhvani Group and the government to engage the community. But even this did not work, until last week's announcement.

Mountains of world inventory keeping sugar in bear hug

Raw sugar on Intercontinental Exchange( ICE) in New York has seen a fall of 60 per cent from a 30-year high of 36.08 cents a pound since February 2011 as the world market remains overwhelmed by mountains of stocks in major production centres, including India and also big importing countries like China. London-based sugar advisory group C Czarnikow says in the past three seasons alone, as much as 21 million tonnes (mt) in raw sugar terms were added to world inventory. Notwithstanding unfavourable weather to impact production from Brazil to Australia during 2014-15 (October-September), the global surplus, according to International Sugar Organisation (ISO), will still be 473,000 tonnes. Czarnikow, however, thinks world production this season will be ahead of demand by 600,000 tonnes. Taking a contrary position, the US Department of Agriculture (USDA) says this season will be the first since 2009-10 to see a rundown in sugar inventories. USDA estimates inventory depletion of 1.41 mt. How much sugar the cane crop will yield depends on weather during the growing period and therefore, every season is marked by periodic revision of production estimates. What, however, is unlikely to undergo correction is the Czarnikow forecast of world use growing 2.1 per cent in 2014-15 to 182.5 mt.

ABF to close Chinese sugar factories but Primark revenues rise

Associated British Foods (LSE: ABF.L - news) to take hit as it shuts two Chinese factories as cost of sugar declines but its Primark clothing business continues to grow

Kenya: Mumias Continues to Soar Over Buyout Reports

The Nairobi All Share shaved off 0.03 points to close at 162.05 in thin trading (which has been a feature of trading in 2015 and is a spill-over from uncertainties around the capital gains tax implementation] of 271.552m.

Ethiopia: Wonji-Shoa Sugar Factory Boosts Production to Ease Shortage

Wonji-Shoa Sugar Factory has started producing with full capacity making 7221 quintals of sugar per day to curb shortage of the sweetener that recently gripped the nation.

Kiwis don't want sugar tax

Few Kiwis want to see sugar taxed despite most seeing it as a health vice, a survey shows. Nearly two-thirds of respondents in the Southern Cross Health Society's annual health survey believed they should consume less sugar, and 73 per cent believed it was a contributing factor to the country's obesity problems.

Taxing sugar not the answer - Taxpayers' Union

Responding to the NZ Herald reporting on an opinion survey commissioned by the Southern Cross Health Society which had 39 percent of respondents supporting a tax on sugary drinks, Taxpayers' Union Spokesman Ben Craven says:

Sugar cane planters up in arms

This year's sugar crop is set to start no later than the end of February, but those who plant the majority of the canes have not been told.

Farmers Signing With ASR/BSI

BSI has started signing contracts with cane associations and growers groups. This evening, the company sent out a public notice saying farmers representing production of more than 400,000 tons of cane have made petitions to the Sugar Industry Control Board to enter into independent agreements with BSI. And, today announcement says, quote, the process for signing agreements between BSI and these groups of farmers has now commenced. End quote. So the process which started in mid November 2014, when BSI appealed directly to farmers, is now coming to fruition two torturous months later: many, not all, farmers are signing directly with BSI.

Hellenic Sugar says will be ready to meet obligations to suppliers and employees

Hellenic Sugar Industry SA * Says is taking measures to secure funding and will be ready to meet its obligations to beet producers and employees

BULK sugar procurement earmarked for domestic sugar, will not start soon as it was announced earlier because the country has enough stocks of the product

The Minister for Agriculture, Food Security and Cooperatives, Engineer Christopher Chiza, told the Daily News' that a technical committee, comprising experts from the ministry and key stakeholders from the sugar sub sector had advised him there was enough stocks of the product for domestic use.

Fiji struggles to make sweet dreams a reality

Fiji's all important sugar industry is struggling. With the EU opening its markets in 2017, the Pacific nation stands little chance in the world market. Making the sugar sector more sustainable could be the solution.

Sugar Saga Winding Down, BSCFA Still Standing, Just Barely

Tonight, after a prolonged saga of discord, uncertainty and delays, the Sugar Industry is inching closer to a start for the 2014-2015 grinding season, but it is not without some measure of deterioration.

Maharashtra government steps in to mollify cane farmers

Stepping in to seek central aid for the ever beleaguered co-operative sugar industry, chief minister Devendra Fadnavis and union minister of state for food and civil supplies Raosaheb Danve Patil will meet union finance minister Arun Jaitley.

Hamilton questions legitimacy of SIDF

BASSETERRE, St. Kitts - THE legitimacy of the Sugar Industry Diversification Foundation (SIDF) was questioned by an Opposition Parliamentarian who claimed that the law does not allow for such an organisation.

PUP chides Government over handling of cane farmers

The People's United Party (PUP) has hit out at the Government for its stance in the ongoing crisis in the sugar industry in the North, accusing it of abandoning cane farmers in favor of Belize Sugar Industries Limited (BSI) and partner American Sugar Refining Inc. (ASR).

Maharashtra govt threatens to seal godowns of sugar factories for non-payment of FRP

The BJP-Shiv Sena government in Maharashtra has decided to act tough against those sugar factories who have not paid fair and remunerative price (FRP) to cane growers yet.

Louis Dreyfus Sugar Unit Biosev Says Mills Running Under Capacity

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Maharashtra MP Held For Vandalising Sugar Commissioner's Office

Farmers' leader and Swabhimani Shetkari Sanghatna (SSS) MP Raju Shetty was arrested along with scores of party workers for allegedly ransacking the office of state sugar commissioner at Sahkar Sankul Complex in Shivaji Nagar area here today.

Maharashtra bitter message to sugar mills: No money to fund you

MUMBAI: Amidst plummeting sugar prices in international markets, the Maharashtra Government today expressed helplessness in monetarily assisting mill owners to pay fair and remunerative price to cane growers, saying there is not enough money to even pay salaries of its employees.

Zambia Sugar says posts African record in sugar production

JOHANNESBURG (Reuters) - Zambia Sugar, a unit of South Africa's Illovo Sugar, said on Thursday it had posted record production of 424,024 tonnes during the milling season which ended in December.

The Betteravia sugar plant explosion of 1988

Betteravia, a company ghost town west of Santa Maria, is a rusting monument to the past.

Kenya: Wangwe Welcomes State Plans to Revive Mumias

NAVAKHOLO MP Emmanuel Wangwe yesterday welcomed plans by the government to bail out the troubled Mumias sugar company.

Ethiopia: Wonji-Shoa Sugar Factory Boosts Production to Ease Shortage

Wonji-Shoa Sugar Factory has started producing with full capacity making 7221 quintals of sugar per day to curb shortage of the sweetener that recently gripped the nation.

Focus on accident prevention, sugar mills told

Accident prevention and occupational health should be given thrust in sugar mills, said Gnanasekara Babu Rao, Director of Industrial Safety and Health.

Sugar leaders seek consultation

We do not want to embarrass the government. All we are after is just to get a fair share from the country's powers. Our future is the country's future. What we are after is that we are treated fair and square so that we can contribute to nation-building.We do not want to embarrass the government. All we are after is just to get a fair share from the country's powers. Our future is the country's future. What we are after is that we are treated fair and square so that we can contribute to nation-building.

Indian sugar industry eagerly waiting for re-introduction of export subsidy: ISMA

The Indian sugar industry is hoping that the government will soon take a decision to re-introduce the export subsidy scheme for millers and also increase the incentives to offset the decline in international prices.

Our sugar problem

After my failed request to PSMA, federal government of Pakistan, Ishaq Dar and judiciary of Pakistan, I would now like to request the PTI government and Pakistan Army to please look into this matter and stop this monopoly of sugar industry in Pakistan.

Sugar industry outlines key Queensland election priorities

Legislative intervention in the bitter stoush over Queensland sugar marketing leads the election wish list from rural lobby group Canegrowers.

Illegal sugar importation scares TAWNET

Tanzania Tax Writers Network (TAWNET) has urged the government to speed up the investigation process against business men who illegally import sugar.

Tongaat projects lower Zim sugar output

HARARE - South Africa's Tongaat Hulett (Tongaat) says its Zimbabwe sugar production is likely to decline to 475 000 tonnes this year from 488 000 tonnes in 2014 due to an increase in cane demand.

Mardan Sugar Mills to provide interest-free loans

Premier Sugar Mills Mardan arranged a gathering to create awareness among the local farmers to increase their sugarcane production at the Mardan Press Club the other day.

Guyanese president visit Valsad sugar factory

SURAT : President of Guyana Donald Rabindranauth Ramotar, who is on the six-day visit to India to attend the Pravasi Bharatiya Divas (PBD), paid a visit to Valsad district on Friday.

Zambia Sugar says posts African record in sugar production

JOHANNESBURG (Reuters) - Zambia Sugar, a unit of South Africa's Illovo Sugar, said on Thursday it had posted record production of 424,024 tonnes during the milling season which ended in December.

Queensland sugar marketer appoints new chairman amid turbulence in sugar marketing

Queensland cane growers say sugar marketer QSL's appointment of a new chairman adds an extra layer of uncertainty to already uncertain times.

Praj Ind secures order from Uganda's Kakira Sugar

Praj Industries on Wednesday said it has secured an order from Uganda's Kakira Sugar to build an ethanol plant with a capacity of 60,000 litres a day. In a filing to the BSE, the company said the plant will produce ethanol and premium grade extra neutral alcohol (beverage alcohol). It, however, did not disclose the value of the order. Praj will provide key technologies for fermentation, distillation and waste-water treatment, it said. The plant will use captive power for about 50-60 per cent of its electricity requirement and the effluents generated by the plant will be converted into bio-compost, it added. Shares of Praj Industries gained 2.6 per cent at ₹60.35 on the NSE.

Cane Country Cash Blues

Tonight, the sugar industry still has a cloud of uncertainty hanging over it. The cane farmers rejected the latest commercial agreement with BSI, and they're going to court to compel the Sugar Industries Control Board to declare the season open and force BSI/ASR to accept cane.

Prasad calls for Parliamentary Committee on Sugar

Opposition MP Professor Biman Prasad is calling on the government to institute a Parliamentary Committee on Sugar to ensure the sector's viability. - See more at: http://www.fbc.com.fj/fiji/25843/prasad-calls-for-parliamentary-committee-on-sugar#sthash.MrRyQ9rs.dpuf

Inside the Sugar Industry! Retired CEO Doug Lapins Shares Business Principles That Took Him to the Top in New Book

PINEHURST, N.C. /eNewsChannels/ NEWS: High-fructose corn syrup, a changing sugar industry, and practical leadership methods weave an absorbing tale of business, family, social responsibility, and commitment in this important business memoir written by Doug Lapins. SWEET SUCCESS: A Journey of Change and Challenge (ISBN 978-0-9905995-0-0; paper; Foursome Press) chronicles the changes, challenges, and guiding principles of a thirty year stellar corporate career.

Late start to sugar crop year

Despite a late start to the 2014-2015 sugar crop season due to heavy rains, leading players in the sector are confident that local manufacturers can match or surpass the 153,000 tons produced last year.

Late start to sugar crop year

Despite a late start to the 2014-2015 sugar crop season due to heavy rains, leading players in the sector are confident that local manufacturers can match or surpass the 153,000 tons produced last year.

2015 promises positives for sugar sector

The Nigeria Industrial Revolution Plan (NIRP) launched early 2014 by President Goodluck Jonathan highlighted the sugar sector as one of its primary areas of focus in bringing to the fore the competitiveness of Nigeria's natural resources especially in the agricultural sector which constitutes the bulk of raw materials for industries.

Several toxic provisions in sugarcane act: Chan

While the proposed Sugarcane Industry Development Act of 2014 is by and large helpful to the industry, there are several toxic provisions in it that will hurt the farmers and the industry unless removed, sugar planter Stephen Chan warned yesterday.

B.S.C.F.A. to Support Order of Mandamus

The only thing for certain in the sugar industry is that it is back to square one and tonight, the industry finds itself at rock bottom. While there is urgent need to start the sugar crop, it is still not known when the Tower Hill mill will begin to grind. Here is why. On Sunday, in San Roman Village, a vast majority of the membership of the Belize Sugar Cane Farmers Association voted against the signing of a proposed agreement drafted by ASR/B.S.I. The near-unanimous rejection of the offer has forced both parties back to the table where they will once again attempt to prepare an agreement that is mutually beneficial. But it is not known when there will have a sit down. Prior to the special general meeting, the likelihood of an injunction being filed to prevent the signing of the agreement, had it not satisfied several requests being made by former B.S.C.F.A. secretary, Lucilo Teck, loomed over the discussions. While the injunction application has since been withdrawn, a writ of mandamus is to be heard on Friday to compel the Sugar Industry Control Board to set a date for the start of the sugar crop. The thinking is that the SICB has the power to set the date for the start of the crop. But this position has already been rejected by the government. So while that hangs in the balance, this morning, News Five spoke with erstwhile vice-chairman Alfredo Ortega who says that the organization is regrouping and is joining forces with Teck in seeking an order from the Supreme Court.

The bleak future of Kenya's sugar industry

Kenya's sugar industry is under threat as the country's final extension of sugar import safeguards comes to an end.

Mills in Sindh stop sugar production

KARACHI: Around 30 mills in Sindh on Tuesday abruptly stopped sugar production to press their demand for a cut in current sugarcane support price, or get a subsidy on their production costs, industry officials said.

ED&F executive takes reins at Mexican sugar mill

Grupo Saenz has installed a top executive from its shareholder ED&F Man, as the London-based sugar trader seeks to revamp one of Mexico's largest sugar mills amid weak prices and concerns about demand.

Kenya: Locals Scramble for Free Food

Staff of a sugar company distributing food at Mwauga fled when residents started fighting over supplies.

Sugar output rises by 27.3per cent in Oct-Dec period, says ISMA

The country's sugar production increased by 27.3 per cent to 7.46 million tonnes in the first three months of the current 2014-15 season, but continuous fall in prices is a cause of concern for millers, industry body ISMA said on Monday.

No More Leak On Refined Sugar: Business Players

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Massive leak of refined sugar leaves government sour - See more at: http://www.thejakartapost.com/news/2015/01/06/massive-leak-refined-sugar-leaves-government-sour.html#sthash.QLR39vqs.dpuf

A large amount of refined sugar leaked into the end-consumer market last year, a mishap that has resulted in price distortion in Southeast Asia's largest consumer of sugar. - See more at: http://www.thejakartapost.com/news/2015/01/06/massive-leak-refined-sugar-leaves-government-sour.html#sthash.QLR39vqs.dpuf

Sugar industry players welcome new SIA boss

While praising the contribution of outgoing Sugar Industry Authority (SIA) boss, Ambassador Derrick Heaven, local industry experts are expressing optimism that new chief executive officer (CEO) George Callaghan will be a success during his tenure.

Regression in Sugar Negotiations, B.S.C.F.A. Rejects B.S.I.'s Proposal

Turning to another major issueThe sugar cane crop season and the sugar industry are in serious jeopardy; in fact, the situation has regressed. At an emergency meeting of cane-farmers on Sunday, a majority rejected the proposed agreement between ASR/B.S.I. and the B.S.C.F.A., which means that for all intents and purposes, negotiations have broken down completely. Approximately fifteen hundred farmers were in San Roman, and an overwhelming majority voted against the agreement, hammered out after government intervention. The meeting was intense and discussions were fiery, but in the end the sentiment was clear. Mike Rudon was in San Roman and has the story.

Cuban action won't impact La. cane

Sugar cane farmers in the United States should have nothing to worry about as the nation tries to repair its trade relationship with Cuba, according to local industry officials.

Cane growers go unpaid by sugar mills in Karnataka

Bengaluru, January 2: Karnataka sugar millers are in a bind: falling prices because of rising production make it difficult for them to sell the commodity, resulting in payments to cane growers being withheld.