Sugar Industry News

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Updated : Wed, 20 Apr 2016 13:26:13 +0200
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Tanzania: Sugar Firm Boosts Food Security in Moshi Ward

Moshi More than 650 households in Mabogini Ward now boast of food security and health services, thanks to programmes initiated by TPC Limited, one of the oldest sugar companies in the country.

Sweeter days ahead for the sugar industry: ICRA

ICRA estimates domestic sugar production at around 25.5 million metric tonnes (MT) during the sugar year[2] 2016 (SY2016), a decline of 10% over the previous year. This was mainly driven by a drought in the largest sugar producing State, Maharashtra, which impacted sugarcane availability. Lower sugar production along with exports of around 2 million MT, is likely to bring down the closing stocks to around 7.6 million MT in SY2016 from around 9.5 million MT in SY2015. - See more at: http://www.indiainfoline.com/article/news-top-story/sweeter-days-ahead-for-the-sugar-industry-icra-116042000230_1.html#sthash.KxTXqfh1.dpuf

Lazarus slammed over sugar tax support

QUEENSLAND Independent Senator Glenn Lazarus has been gang-tackled by Queensland LNP Senators for backing the introduction of a broad sugar tax in Australia, beyond just soft drinks.

Million dollar subsidy for sugar industry

Five thousand one hundred sugar cane growers from the Western Division will benefit from the Lautoka Cane Producers Associations 2016 Fairtrade premium plan.

Sugar industry contributes $9K to Stefanik in 1st quarter

The sugar industry contributed $9,000 to the campaign of U.S. Rep. Elise Stefanik, R-Willsboro, in the 1st quarter, bringing total sugar industry contributions to the campaign this election cycle to $11,000, according to a report the campaign filed Friday with the Federal Election Commission.

Samuda looks to CARICOM markets to help sugar industry

Agriculture Minister Karl Samuda says the ministry is looking to sell sugar to CARICOM countries, as the government prepares to rescue the island's sugar industry.

Heston Blumental - 'the sugar tax won't stop obesity'

Heston Blumenthal has called the sugar tax confusing and demonising and claimed it wont help curb the obesity crisis.

Sugar tax is no brainer says Leamington dentist

PLACING a sugar tax on sugary drinks is a no brainer says a Leamington dentist. Rob Morgan, of Space Healthcare on Clarendon Avenue, says the rise in tooth decay in children is alarming and must be tackled.

Sugar tax would set a dangerous precedent -- report

A sugar tax similar to the one recently introduced in the UK is unlikely to improve public health, claims a new report.

'First time, govt is acknowledging there is shortage of sugar'

Media reports are abuzz that the central government has asked Maharashtra government to impose a limit on water-guzzling sugarcane crop -- in order to help fight the state's crisis drought situation.

Talks bring sugar deal 'one step closer' but canegrowers still waiting to sign new cane supply contracts

Australia's largest sugar miller, Wilmar, has told cane grower representatives new supply agreements for the 2017 season will not come until the end of June.

I've heard all the arguments against a sugar tax. I'm still calling for one in Australia

Big Soda pushes the idea that obesity is just a matter of personal responsibility. Its not true and thats why we must follow the UK, Mexico, France and Hungary

Cosan Limited: Sweet As Sugar With Room To Grow

I want to go on record and say I am not a "chaser". I would rather err on the side of caution when a stock moves a good amount in a short period of time. In this case I am breaking out of my zone and going to fill your minds with a Brazilian company whose stock may have some legs still underneath it. Take a look.

CBN Invests N26bn in Sugar Production Companies CBN Gov

Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has disclosed that the apex bank has invested about N26 billion to build Sunti Golden Sugar factory in Sunti, Niger State. Mr. Emefiele speaking at the weekend during the facility tour of the new completed project noted that project of such magnitude was embarked upon in order to encourage import substitution and backward integration strategy.

AB Foods Sees Sugar Bottoming Out as Primark Doubts Emerge

For years, Associated British Foods Plc has relied on its Primark budget clothing chain for growth as its sugar business has struggled. Now the tables are turning.

Chinese-invested giant sugar mill starts operations in Cambodia

PREAH VIHEAR, Cambodia, April 19 (Xinhua) -- Chinese agro firm Rui Feng (Cambodia) International Company began operations at its 360-million-U.S.-dollar sugar production factory here on Tuesday after spending nearly two years for construction.

Ethiopia: Sugar Project in Welkayit Delays Compensation Plan

Thousands of residents have waited over one year for cash payments after losing lands in relocation

South Africa: Needy Students Benefit From Sweet Deal

Pretoria The Sugar Industry Trust Fund for Education (SITFE) has invested millions over the past 50 years into education by awarding bursaries to needy students.

Greece - Sugar beet producers suspend strike action until April 15

The vice president of the sugar beet producer union of Central Macedonia, Sakis Pippas, announced that their actions will be suspended until April 15, when a new board will be appointed at the Hellenic Sugar Industry (EBZ).

Nyongo, Midiwo in court over five sugar companies

Kisumu Senator Anyang Nyongo and Gem MP Jakoyo Midiwo have moved to court to challenge the privatisation of five public sector-owned sugar companies. The two argue that the sugar Industry is on the verge of collapse following the Privatisation Commissions decision as it is not properly constituted and is legally incapable of carrying out its mandate.

Tanzania: SBT on the Spot Over Woes in Sugar Industry

THE Parliamentary Public Investments Committee (PIC) has suggested the termination of Sugar Board of Tanzania (SBT) for failing to resolve and manage its responsibilities effectively.

Time to bury King Sugar

Jamaica's sugar industry is again claiming prominence for all the wrong reasons. This has been a recurring theme in the island's history since around 1509 when sugar cane was shipped from Haiti to Jamaica.

Greece - Beet growers continue occupation of EBZ facilities

The occupation of the Hellenic Sugar Industry (EBZ) factories and facilities at Platy in Imathia, Orestiada, Serres and Larissa continues for the fifth consecutive day, according to local press reports.

Gov't to temporarily take over Long Pond, Monymusk sugar factories

The Jamaican Government has now agreed to temporarily take over the operations of two of the country's sugar factories.

A British company, millers line up to buy struggling sugar firms

Sources revealed that there are several sugar companies from the East African region that have also expressed interest.

Sugar tax: Treasury, industry players to meet

Johannesburg - South Africa's beverage industry body will meet the Treasury next week to discuss the details of a proposed tax on sugar-sweetened drinks, a top official said on Wednesday.

Mexico Ready to Ship More Sugar to U.S. as Buyers Snub Beets

Mexicos sugar chamber says the domestic industry has enough of the sweetener made from cane to ship to the U.S., as more American buyers shift away from supplies made from beets.