Sugar Industry News
The latest news on the sugar industry... Covering global trade issues, mergers and acquisitions, crop reports and more. Policy on registration and subscription
Updated : Fri, 14 Jun 2013 07:06:26 +0200
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A sugar mill at Bundaberg in southern Queensland is using macadamia nuts to create hotter and cleaner renewable fuel.
Green Pool Cuts Sugar Surplus by 23% as Brazil Makes EthanolThe global sugar surplus will be 23 percent smaller than forecast as millers in leading producer Brazil direct more cane to making ethanol at the expense of the sweetener, according to Green Pool Commodity Specialists Pty.
EU's $67m helps sugarTHE European Union has so far given $67million to the sugar industry of the $136m earlier stated, says the European Union's Pacific ambassador Andrew Jacobs.
Oman: Linking up the food chainNew investments in Oman's agro-industries will not only help bolster the Sultanate's food security and ease reliance on imports, but also have the capacity to provide increased business opportunities in food processing and support services.
Sudan's Parliament Backs Bashir's Decision to Halt Oil FlowKhartoum Sudan's National Assembly has expressed support to president Omer Hassan al-Bashir's decision to halt oil flow from South Sudan with only one MP dissenting.
Bainimarama's sugar management disputedFiji's Prime Minister, Frank Bainimarama, has told a meeting of the International Sugar Council in Nadi the government is sparing no effort to revitalise Fiji's sugar industry.
But Corentyne businessman eyes the fortunes of sugar warilyIt is difficult to turn a blind eye to the edginess among some business houses in the Upper Corentyne. Much of it appears to arise out of the current indifferent performance of the sugar industry. Here, the saying that when GuySuCo sneezes the community catches a cold is much more than an adage, it is a truism.
National Sugar Institute launches courses in various sugar technologiesNational Sugar Institute, an institute under the ministry of consumer affairs, food & public distribution, at Kanpur, has started various training courses to provide technical manpower for sugar and distillery industry, according to the ministry.
Sugar decontrol will change the way players competeWith no levy quota or monthly releases to help mills sell their entire output, factors like location, sugar productivity and quality will begin to matter, says Narendra Murkumbi, Vice-Chairman and Managing Director of Shree Renuka Sugars. Business Line caught up with him in Mumbai to discuss decontrol.
Food manufacturers push for end to sugar-to-ethanol programWASHINGTON (Reuters) - Food manufacturers and big sugar buyers said on Monday they believe a proposed U.S. sugar-to-ethanol program will cost twice as much as a government estimate and urged congress to repeal it as part of broader changes in sugar policy.
Rwanda: Kabuye Sugar Factory to Resume OperationsKabuye Sugar Works will resume operations on June 18 after a prolonged maintenance period, N.B. Gohil, the general manager has said.
Zimbabwe: Tongaat Hullet Summoned Over Sugar EstatesThe Masvingo provincial leadership has summoned management of Lowveld sugar-cane growing giant Tongaat Hullet to explain allegations that the firm had allegedly for years deliberately under- declared the size of its cane plantations at Hippo Valley Estates by about 6 000 hectares.
Tunisia: Ministerial Working Session On Strategic Partnership in Sugar Production and RefiningTunis A ministerial working session held on Tuesday at la Kasbah government palace was devoted to looking at strategic partnership in sugar production and refining, says a Prime Ministry statement published on Tuesday.
Cosan highlights limits to ethanol-sugar switchingCosan flagged the limits to switching cane from making sugar to ethanol as the Brazilian giant signalled that its output of the sweetener could rise more than the biofuel this year, despite low prices.
Nigeria - Dangote finalises plan for sugar millAlhaji Aliko Dangote announced that he had finalised plans to build a 150,000 tonne sugar mill in Kaugama local government area of Jigawa state, according to local press reports.
Sudan: Police Clash With Herders in Sudan's White Nile State Kills One, Injures NineKhartoum One person was killed and nine others were injured including five policemen during clashes that broke out between herders and police in Sudan's White Nile state, an official said today.
Zimbabwe: Chisumbanje Workers Cleared After 'Arson' Arrest11 workers from the Chisumbanje ethanol project have been released from police detention and cleared of having any involvement in a fire, which destroyed about US$5 million worth of sugar cane.
Beet lobby adamant sugar industry can be revivedIt was just one question in a wide-ranging breakfast briefing, but when Matt Cooper asked Greencore's Patrick Coveney last week if our sugar beet industry could be resurrected, the broadcaster set the cat among the pigeons.
Power hike a $250m jolt for sugar industryA TOTAL of $250 million could be sucked out of the Bundaberg region's economy in the wake of a 20% electricity price rise for irrigators.
New sugar manufacturer eyes domestic marketDar es Salaam. Agro Eco Energy Tanzania plans to invest over Sh800 billion ($500 million) in production of sugar, ethanol, and power generation.
British Sugar sees sweet savings with stores managementBritish Sugar's plant in Wissington, Norfolk Europe's largest sugar refinery is reporting a ful 40% cost reduction on tools and production consumables since moving to Buck & Hickman's stock management service
EU sugar beet growers struggle to catch up with sowingsEU sugar beet farmers have struggled to catch up with sowings after delays due to unusually cold and wet weather, with farmers in northern Italy scaling back plantings after persistent rains.
Zimbabwe: Hippo Valley Profits DeclineHippo Valley Estates recorded a decline in profitability despite an increase in the production of sugar due to pressure on margins.
Hippo Valley increases sugar productionZIMBABWE'S sugar exports to the European Union (EU) totalled 202,000 tons in the year to March, while supplies to the domestic market topped 247,000 tons, boosting revenue at Tongaat Hulett's local unit, Hippo Valley.
Fire at sugar mill near South Bay injures firefighterOne firefighter has been taken to the hospital after being injured while fighting a fire tonight at the Okeelanta Sugar Mill near South Bay.
Okeelanta Sugar Mill: Fire crews battling blaze at South Bay sugar millSOUTH BAY- The Okeelanta Sugar Mill in South Bay has been evacuated while firefighters battle a blaze that started in one of the mill's oil turbines, said Capt. Albert Borroto, spokesman for Palm Beach County Fire Rescue.
Sugar mill fire sends flames shooting into airAuthorities said the fire ignited about 8:15 p.m. in a turbine at Okeelanta Mill off U.S. Highway 27 in South Bay. Workers said they saw flames shooting 50 feet into the air. Palm Beach Fire Department Capt. Albert Borroto said the mill has its own power plant, and that's where the turbine was located. The plant and the sugar mill were evacuated. Workers cut off the oil to the turbine, and the fire was quickly extinguished.
Ireland - Greencore head says there will never be an Irish sugar industry againGreencore Chief Executive Patrick Coveney said he believed the sugar industry would never be restarted in Ireland because it did not make financial sense, according to local press reports.
Sugar crush expected to be the lowest in almost 20 yearsAFTER one of the most extreme growing seasons in living memory, the Maryborough Sugar Factory is predicting its worst crush in almost two decades.
Thailand produces over 100 million tons of cane and 10million tons of sugarBANGKOK, 30 May 2013 (NNT) - The Office of the Cane and Sugar Board states that in 2012/2013, Thailand has produced over 100 million tons of cane and 10 million tons of sugar. The satisfactory output is expected to allow sugar exports of up to 7million tons this year.
ACP States Fear Immense Damage to Sugar IndustriesBrussels, 27 May 2013: ACP sugar supplying states have called on the European Union to honour its commitments under the ACP-EU Cotonou Accord and Economic Partnership Agreements, arguing that abolishing sugar quotas before 2020 could cripple ACP developing economies.
Kingsman Cuts 2013-14 Sugar Surplus by 12% on Brazil, Russia, EUThe global sugar surplus in the 2013-14 season will be 12 percent smaller than initially estimated as leading producer Brazil, Russia and the European Union have smaller-than-forecast crops, said Kingsman SA.
Tongaat Hulett earnings rise along with higher sugar productionSUGAR processor Tongaat Hulett on Friday reported a 15% increase in diluted headline earnings per share to 942.3 cents in the year ended March, which allowed it to raise its dividend 17.2% to 340 cents.
Illovo sees increase in sugar outputJohannesburg -- Illovo Sugar said it expects helpful weather conditions in South Africa to lead to an increase in production for the year ending March 2014 even as declining global prices put pressure on operating margins.
Illovo Sugar posts 43% rise in earnings per shareSUGAR company Illovo Sugar on Monday reported a 43% rise in diluted headline earnings per share to 189.5c for the year ended March.
Rwanda's sole sugar miller closes, blames floodsRwanda's sugar shortage could worsen with the closure of Kabuye Sugar Works, the country's sole miller.
Nigeria: Flour Mills Launches Golden Penny SugarFlour Mills of Nigeria Plc has added the Golden Penny Sugar to its number of products in the market.
Rabobank optimistic on sugar outlook after partial decontrolMUMBAI: Removal of levy sugar obligation and abolition of the quarterly release mechanism are expected to provide immediate relief to the sector which is burdened with USD 1.95 billion in sugarcane arrears, says a Rabobank report.
EU pledges $11.5M to support sugar researchThe Fiji sugar industry will see an improvement in the production of sugar and the livelihood of farmers.
Illovo Sugar FY HEPS up 43%Total distribution of 95 cents, up by 44%
Dangote plans N200bn sugar factories in Sokoto, Kebbi StatesThe Chairman of Dangote Group, Alhaji Aliko Dangote, says he will establish four sugar factories in Sokoto and Kebbi States at the cost of between N180 billion and N200 billion. Dangote made the statement in Sokoto when he paid a courtesy visit to Gov. Aliyu Wamakko.
Sudan's parliament reiterates refusal for privatization of Sugar factoriesMay 24, 2013 (KHARTOUM) - Sudan's National Assembly has renewed its rejection for selling some sugar factories as part of a government policy aiming at reducing financial and economic burden through privatising public enterprises.
US Senate reject bid to reform sugar policyhe US Senate has voted to leave intact the US sugar policy keep that includes operating loans, import restrictions and market intervention to guarantee a minimum price for sugar.
Silvertown workers await EU sugar debateThe future of 850 workers at two Silvertown factories may be decided in Dublin on Sunday when Europe's agriculture ministers meet to decide sugar policy.
Crapo Votes To Protect U.S. Sugar ProgramWASHINGTON An Idaho senator has stepped up for the sugar industry. The sugar industry is vital to Idaho's economy, bringing in $1.1 billion in revenue each year, said Sen. Mike Crapo, R-Idaho.
Liberalisation has benefited sugar industry: RangarajanThe sugar industry has been a prime beneficiary of liberalisation, said C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council, on Friday.
Sudan Dreams of Becoming Global Sugar PlayerIn a hangar-shaped factory hall in central Sudan a dozen workers rush to pack refined white sugar gushing from a funnel into paper bags to be loaded on three trucks parked outside. Next year, the management at Kenana Sugar Company hopes the plant will be even busier as it plans to boost its output as the African country seeks to increase sugar exports.
Angola: President, Odebrecht Leader Assess Company's FunctioningLuanda Angolan Head of State Jos Eduardo dos Santos, Friday in Luanda met with the "Odebrecht" CEO, Marcelo Odebrecht, with whom he analysed the performance of the Brazilian Building company operating in Angola, for about 30 years.
Anyone who believes the sugar industry can be turned around with the prevailing mindset is living in a dream worldIt's interesting to note Mr Komal Chand' s statements in the SN of January 13 that a sugar industry turnaround was far from reality. How true; if anyone believes that the industry can be turned around with the prevailing mindset then they are living in a dream world.
Sudan sugar exportsEmployees pack refined sugar at Kenana Sugar Company's main plant, 270km south of Khartoum, yesterday. Next year, the management hopes the plant will be busier as it plans to boost its output as the African country seeks to increase sugar exports.
Sudan dreams of becoming global sugar playerNEAR SOFIYA, Sudan (Reuters) - In a hangar-shaped factory hall in central Sudan a dozen workers rush to pack refined white sugar gushing from a funnel into paper bags to be loaded on three trucks parked outside.
Authorities probe Zambia Sugar for tax evasionAuthorities probe Zambia Sugar for tax evasion
Dangote to invest $600m in sugar production in three statesPresident, Dangote Group of Company, Muhammed Aliko Dangote, has disclosed the readiness of his company to invest over $600 million in production of sugar in Kwara, Kebbi and Sokoto states,
Hingurana sugar factory in operationReconstructed Hingurana sugar factory closed for over 15 years owing to terrorism, ceremonially commenced crushing at an auspicious time after religious observances on May 19 in the presence of a large gathering.
IESL president visits Pelwatte Sugar factoryThe President of the Institution of Engineers Sri Lanka (IESL) Tilak De Silva visited the Eastern Provincial Office of the IESL recently. This is the first time in the history of IESL that a President visited the Eastern Province.
PM briefed on international sugar meetFiji's Prime Minister Commodore Voreqe Bainimarama was today briefed on the progress of the organising logistics for the upcoming 43rd International Sugar Organisation's Council Session in Nadi.
Senate Moves To Amend National Sugar Development ActA Federal lawmaker, Senator Nenadi Usman on Wednesday said Nigeria has no sugar regulation policy and offers no realistic protection to the sugar industry.
Zimbabwe: Pressure Mounts On Tongaat HulletThe Zanu-PF Masvingo provincial executive has urged Government to expeditiously complete the indigenisation of Lowveld sugar cane growing and milling firm Tongaat Hullet to empower the impoverished villagers in the province.
Clause Dangerous to Maui's Sugar Industry Rejected by US SenateThe US Senate has rejected a measure that would have likely killed off Maui's sole remaining sugar plantation and crippled the nation's sugar producers.
Kenya: India to Inject Sh10 Billion in Turkwel Sugar ProjectExperts from India have approved an investment of Sh10 billion in the Turkwel Sugar Project. The government of India will finance the project which is the last phase comprising an irrigation scheme near the Turkwel Hydroelectric project.
US considers sugar swap to reduce surplusThe US government might try to boost low sugar prices by giving away part of its surplus sugar to nations that agree not to ship the sweetener to the glutted US market.
Sugarcane field officers undergo trainingThirty Extension Officers from within the sugar industry are attending two-week training in Lautoka as part of the strategic action plan to bring the sugar industry back on track.
Sugar Refinery MillLUCKNOW: Swinging into appeasement mode ahead of the LokSabha elections, the Uttar Pradesh cabinet on Tuesday gave in to a long-standing demand by the sugar industry to extend stamp duty and land registration waivers to existing as well as new sugar mills. Covered under UP's Sugar Industry Co-generation and Distillery Promotion Policy 2013, the cabinet attempted to create a level playing field for all existing sugar mills by allowing them to avail of the stamp duty and land registration waivers provided they purchase more land for capacity building and sign up for co-generation or setting up distilleries.
Cane growers will produce million tonnes of sugar by 2015Kenya has set a target of producing 1 million tonnes of sugar by the end of 2015, the country's regulatory authority said on Tuesday.
Sector movers: Food stocks fall on readacross from sugar giant SuedzuckerA gloomy outlook from Europe's largest sugar producer saw food manufacturing stocks in the UK slump on Friday afternoon.
Cuba's sugar mills get new lease of lifeIt is a sight the people of Mejico thought they would never see again - sugar cane pouring onto a conveyer belt, beneath chimneys pouring smoke into a bright blue sky.
Zambia: 'Zambian Golfers Show Shameful'THE Zambia Golf Union (ZGU) has described as embarrassing the performance of the majority of Zambian golfers that took part in the Zambia Sugar Golf Open tournament held at the Lusaka Golf Club
Sudan sugar firm to export animal feed to GulfKENANA SUGAR PLANT, Sudan (Reuters) - Sudan's biggest sugar producer plans to export up to 50,000 tonnes of animal feedstock annually to Arab Gulf countries.
Nigeria: 'Why Nigeria Is Not Producing Enough Sugar'Dr. Latif Busai is the Executive Secretary of the Nigeria Sugar Development Commission. In this interview, he speaks on the impediment to meeting the nation's sugar requirement for local consumption and for export.
Sudan to sell stakes in four sugar plants-state mediaKHARTOUM (Reuters) - Sudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said.
Sugar Factories Presented for PartnershipKhartoum - Sudanese Sugar Company announced presentation of its sugar factories, Al-Junaid, Halfa, Sennar, and Asalaya to partnership.
Sugar: A disastrous performanceGuySuCo's first crop production of around 48,000 tonnes of sugar must shock the corporation and the government into action. This first crop figure is so bad that archivists will have to go tumbling around dusty records from decades ago to match these figures. The nadir that is often cited and certainly by the then opposition PPP is the output of 129,000 tonnes in 1990 when even the PNC would have admitted that the industry had been neglected, that the sugar levy had taken an incalculable toll on its ability to re-tool and expert management was needed. A turnaround was engineered via a management contract with Booker-Tate which saw annual production reaching around 325,000 tonnes at one point.
Beet varieties deliver yield and sugar content growthLaunching the latest additions to the Recommended List of new varieties at Thorney, near Peterborough, he said that this has been a major success story for growers.
Sugar factory gathers momentumThe Higurana sugar factory which was inactive for several years is functioning under the Mahinda Chintana concept. About 12,000 acres which comes under the purview of sugar factory has been brought under sugar cane cultivation. About 800 employment opportunities have been created.
Zambia: Du Toit Dominates Zambia Sugar OpenSOUTH African Martin du Toit shot an amazing 66 seven under par to assume sole leadership of the 2013 Zambia Sugar Golf Open on Day One with Patrick Mwendapole coming off as the best performing Zambian golfer with one-under par.
Nigeria: Dangote Sugar Withdraws Investment From AlgeriaDangote Sugar Refinery Plc has pulled its investment from Algeria and is planning to make more acquisitions of local sugar farms to boost its backward integration programme and benefit from the Federal Government Sugar Master Plan.
Sudan sugar firm to export animal feed to GulfKENANA SUGAR PLANT, Sudan (Reuters) - Sudan's biggest sugar producer plans to export up to 50,000 tonnes of animal feedstock annually to Arab Gulf countries.
Pay more attention to sugar industryWE CANNOT allow the sugar industry in Barbados to fall under, says Leader of the Opposition, Mia Mottley.
Wilmar: a sugar empire next?WILMAR International, the $20 billion group better known as a leading global palm-oil player, has almost overnight become a player to be reckoned with in the sugar market as well, prompting some observers to wonder whether it could find equal success in this sector.
Sale of sugar mill scrap under CAG scannerThe UP government has sold off scrap and other obsolete plant and machinery of a closed sugar mill at Rae Bareli, the land of which is to be used for establishing AIIMS-like institute, at more than Rs 9 crore. The previous BSP government had, meanwhile, sold land, building and plant and machinery of at least five similar mills at throwaway prices of less than Rs 5 crore each. - See more at: http://www.indianexpress.com/news/-/1116898/?#sthash.yGKFcXwt.dpuf
Environmental Activists Punished With Jail Time for Riot Against Sugar PlantationA South Sumatra court sentenced two environmental activists to seven months in prison for provoking a riot against a sugar plantation, despite a public outcry against the criminalization.
UK/Suffolk/Essex: Mystery symptoms hitting some sugar beet cropsScientists are looking into mystery symptoms which are affecting sugar beet crops across parts of England. In some cases, up to 40 to 60% of the crop is affected.
EU raids sugar companies in collusion probeThe European Commission said on Thursday it had carried out surprise inspections on several sugar companies on concerns they may have breached anti-trust rules.
MSF signs with QSL as sugar plot thickensThere's been another intriguing twist in the tension brewing in the sugar industry over the way raw sugar is sold.
High-Profit Food Companies Target Sugar FarmersSince the great recession, investors have been inundated with tips for turning losses into profit, ranging from gold to social media IPOs.
Jamaica - Sugar production of Pan-Caribbean continues to disappointSugar production at Pan-Caribbean Ltd. comprising the privatised mills in Frome, Monymusk and Bernard Lodge reached no more than 54,000 tonnes in 2012/13 compared with 65,000 tonnes produced in the year before.
Uganda: Govt Promotes Renewable EnergyThe Government has pledged to support companies that adopt clean production technologies, ensuring prudent use of natural resources and reduction in pollution.
Descendants of Girmitiyas play important role in sugar industryThe Fiji Sugar Corporation believes cane farmers who are descendants of the Girmit system still make huge contributions to the sugar industry.
Mackay Sugar cutting 35 jobsMACKAY Sugar has axed 35 staff positions as the organisation embarks on a "significant cost reduction program".
Greece - Cristal Union pays EUR40 mln for Hellenic SugarCristal Union of France is the successful bidder for a majority share in the Hellenic Sugar Industry (HSI). In April the Agriculture Bank of Greece announced the agreement to transfer more than 30 mln common shares to Cristal Financire, a subsidiary of the French Sugar Cooperative. Cristal Union had offered a principal of EUR40 mln for the stake. KSC of Poland and Litex Commerce of Bulgaria have been selected as "stand by" candidates, pending final approval of the sale.
Kenya: Nairobi Sugar Expo to Showcase Latest TechNairobi will on Monday host the second India sugar expo which targets to show case products, technologies and services suitable for the African sugar industry.
Tanzanian sugar producers to benefit from EU fundsThe EU has pledged around US$8 million (6.16m) to assist Tanzanian sugar exporters in complying with EU standards.
Kenya: Busia Governor Under Fire Over Sugarcane Zoning Declaration.IRATE sugarcane farmers from Busia county have faulted governor Sospeter Ojaamong over his declaration to remove zoning in sugarcane farming. The farmers said the move might destroy the sugar industry as it happened with the cotton industry.
Zambia: Professionals in for Zambia OpenA HORDE of professional golfers are today expected to start arriving in the country ahead of this week's Zambia Sugar Open Golf championship scheduled to tee off on Thursday May 16 to Sunday 19 at the Lusaka Golf Club.
Kenya: Mumias Sugar Shuts Down for Annual Factory MaintenanceMumias Sugar Company has closed operations for its annual routine factory maintenance.
$69m aid for sugarTHE European Union says it will commit another $69million to improve the sugar industry this year.
Zimbabwe's Sugar Production Falls Due to Chisumbanje Fuel PlantZimbabwe has encountered a massive drop in sugar production following the Chisumbanje ethanol plant which in recent years resulted in thousands of hactres being haphazardly converted into plantations for the purposes of fuel production.
Zim sugar output likely to declineMASVINGO Zimbabwe's sugar production levels are likely to fall due to the unavailability of water for irrigation following another poor rainy season that has seen some dams' water levels falling drastically, stakeholders have said.
Cane harvesting season announcement pendingThe sugar industry stakeholders are to meet soon to decide on the commencement of the 2013 cane harvesting and crushing season.
Koko vows support for sugar industryREELECTONIST Senator Koko Pimentel vowed on Tuesday that he will support socio-economic programs for sugar industry dependents, particularly skills training for children of sugarcane farm workers.
Alvarez, Lacson back Benitez's Sugarcane BillNATIONALIST People's Coalition (NPC) gubernatorial bet Vice Governor Genaro Alvarez Jr. and his runningmate Eugenio Lacson are backing the Sugarcane Industry Development Bill of third district Representative Albee Benitez in anticipation of the implementation of zero tariff on imported sugar under the Asean Free Trade Agreement (AFTA) in 2015.
Cane harvesting season announcement pendingThe sugar industry stakeholders are to meet soon to decide on the commencement of the 2013 cane harvesting and crushing season.
Brown Sugar is a serious contribution despite limitationsThe screening of Brown Sugar Too Bitter For Me in Georgetown last week marks not only the release of the latest work in the building of a Guyanese film industry, but the third attempt to treat issues and struggles in the sugar industry in a movie. This film continues to reveal a number of the imperfections that still accompany the noble efforts at national cinematography, although it nevertheless has to be regarded as an achievement. Despite limitations it is a contribution that can be taken seriously. Not all the previous efforts fall in that category.
Serbia's raw sugar industry is gearing up for stronger competition with rivals in EuropeSerbia's raw sugar industry is gearing up for stronger competition with rivals in Europe as the country's access to the EU sugar market is expected to improve significantly in the coming years.
Uganda: Heavy Rains Disrupt New FactorySugarcane farmer in Busoga region (central eastern Uganda) are stranded with sugarcane after the factory where they were to sell the crops failed kick off sugar production Farmers from the districts of Namutumba , Kaliro and parts of Luuka all in Busoga region told the East African Business Week that their cane was supposed to be harvested after 18 to 22 months ago.
Kenya: Farmers to Evict Oparanya From MumiasSUGARCANE farmers in Kakamega are planning to demonstrate against the move by Kakamega governor Wycliffe Oparanya to live in Mumias Sugar Company's managerial estate.
Nigeria: Taraba, Dangote to Establish Sugar Factory in LauThe Taraba government in partnership with the Dangote Group of Companies will soon establish a sugar processing company in Lau Local Government Area of the state.
Sugar Mills in Thailand Battle Strengthening Baht as Prices DropSugar revenue for millers in Thailand, the world's second-biggest exporter, is falling faster than shipments as the strengthening baht erodes incomes and prices for the commodity extend declines.
Egypt to have new $372m sugar plantThe Islamic Corporation for Development of the Private Sector (ICD) has announced plans to invest $372m into building a mega sugar production facility in Egypt, Arab News has reported. Other shareholders of Al-Nouran Sugar include the Arab Fund for Economic and Social Development, the Egyptian Sugar & Integrated Industries Co, and Al-Nouran Multitrading, a private sector sugar trading house in Egypt. The project involves the construction of a new sugar production facility in Al-Sharkia governorate and the acquisition of an affiliated beet agricultural company. Production will reduce Egypt's reliance on imported sugar by 25% from the current one million tonnes annually, while exports of by-products will generate savings to the balance of payments of up to about $250m annually. The project is expected to be completed by Q4 2015.
Old sugar factory comes crumbling downEATON - The population of Eaton swelled up to nearly twice its size on Sunday when communities from all over northern Colorado came to say goodbye to a century's old building.
Sweet time at sugar plantWilliamsburg was a hot spot Tuesday night when guests gathered at the former Domino Sugar Factory on Kent Street for the annual Creative Time gala honoring Julian Schnabel, who took his pregnant fiance, May Andersen. The old plant is now owned by Creative Time co-chair Jed Walentas, who plans to turn the cavernous space into offices, as part of an 11-acre development including apartments. Here's hoping Antonio Reynoso can afford one. He's running for the City Council seat in Williamsburg to replace Diana Reyna, who's leaving due to term limits and for whom Reynoso is chief of staff. Reynoso told us at the gala he just moved in with his sister after living with his mother for years, because he can't afford his own place in the neighborhood. He also revealed, I recently sold my car, so I ride a bike around. Reynoso mingled with art dealers, architects, developers and celebrities, including Andre Balazs, Marisa Tomei, Arden Wohl, Stella Schnabel and Luke Janklow.
Taraba, Dangote to establish sugar factory in LauThe Taraba government in partnership with the Dangote Group of Companies will soon establish a sugar processing company in Lau Local Government Area of the state. The acting governor of the state, Alhaji Garba Umar, disclosed this at an interactive session with journalists on Thursday in Jalingo.
ECB Sugar Hit Doesn't Change Euro's Long-Term ChallengesThe European Central Bank has given the euro a boost with its moves to lower interest rates and get credit flowing throughout the monetary union. We hope Europe's leaders won't let the sugar high distort their view of the monumental changes still required to ensure the currency's longer-term survival.
FranceAgriMer raises 2012/13 sugar productionFranceAgriMer raised its 2012/13 sugar production estimate in its April projection to 4.631 million tonnes, white value, from 4.611mt a month earlier and compared with 5.192mt in 2011/12.
Sudan: British Ambassador to Sudan - Mixed Impressions After Tours in the White Nile, Sennar and JazeeraKhartoum On a tour to some States, ambassador of Britain, Mr. Peter Tibber Peter visited the states of White Nile and Sennar and Gezira , according to the press release issued by the embassy in Khartoum.
Zimbabwe: Sugar Cane Farmers Cry FoulMasvingo Bureau Nearly 150 prospective sugar cane farmers in Chiredzi have accused Tongaat Hullet of deliberately stalling the development of 4 000 hectares of virgin land in the Lowveld into sugar cane plantations.
$ 372 m sugar production facility wins ICD supportA total of $ 372 million is being invested into building a mega sugar production facility. It is expected to produce and refine more than 500,000 metric tons of sugar annually.
Ziplock bags set to revolutionise Kiwi sugar marketKiwi brand Cane Fields is transforming the New Zealand retail sugar market with the introduction of re-sealable, ziplock packaging for its 750g range. The brands ziplock technology is a first for the New Zealand sugar industry, and replaces traditional 1 May 2013
South Africa - Sugar industry calls for import protectionSouth Africa's sugar sector has called for the protection of the local industry from excessive imports, according to the Executive Director of the South African Sugar Association (SASA), Trix Trikam.
Sudan's sugar firm eyes $200m from S.Africa IPOKenana, Sudan's biggest sugar producer, plans to raise around $200 million in an initial public offering in Johannesburg next year, its managing director said.
KSA-backed sugar firm to raise $ 200 millionKHARTOUM: Kenana, Sudan's biggest sugar producer, plans to raise around $ 200 million in an initial public offering in Johannesburg next year, its managing director said. Mohamed El-Mardi El-Tegani said Kenana wanted to raise around $200 million. The firm, which is mainly owned by the governments of Kuwait, Saudi Arabia and Sudan, has appointed Russia-focused Renaissance Capital and Dubai investment bank Shuaa Capital to manage the offering.
Mysterious lake threatens Ethiopia's sugar ambitionsADDIS ABABA: A saline lake in Ethiopia that's baffled scientists by its 15-fold growth threatens to spill into the nation's longest river and damage plans by Africa's biggest coffee grower to become a commodities powerhouse.
Sudan sugar firm plans biofuel expansionKHARTOUM: Kenana, Sudan's biggest sugar producer, plans to more than triple its ethanol output within two years to become a major biofuel exporter and intends to make a stock market offering in South Africa, its managing director said.
Europe Sugar-Quota Ban May Raise African Trade, Ecobank SaysAn end to sugar quotas in the European Union, expected by the EU Council as early as 2017, may promote trade of the sweetener within Africa as Ethiopia and Nigeria plan to raise output, said Ecobank Transnational Ltd.
Sugar policy just turned sweeterThe abolition of levy sugar and monthly release mechanism will reduce the infamous cyclicality in the sugar industry, and benefit all stakeholders alike.
Qld Sugar touts new industry marketing planTableland Canegrowers last week ditched MSF Sugar in favour of Mackay Sugar Limited because it wanted its sugar sold through QSL.
Sugar baronsAlmost all sugar mills in our country are owned by rich politicians and their family members. Cane crushing season in Sindh has ended a long time back, but growers are, as usual, yet to be paid their dues against sugar cane supplied to the mills.
Long Pond looks ahead - Historic sugar factory set to soarFaced with numerous challenges in the period immediately following their acquisition of the Long Pond Sugar Factory the owners, Everglades Farms Limited, have weathered the storm and are now looking for good times.
Mozambique: Sugar exports reach record levelsAccording to the government's Centre for the Promotion of Agriculture (CEPAGRI), cited in the daily newspaper Noticias, this is most sugar Mozambique has ever exported.
ASOCHIVIDA defends dialogue and understanding with Nicaragua SugarChichigalpa Association for Life (ASOCHIVIDA), the most representative organization of persons with chronic renal insufficiency (CRI) of the country, recently ratified its commitment to continue the dialogue process established with Nicaragua Sugar Estates Limited (NSEL), a company of Grupo Pellas.
Tate & Lyle Urges EU to Guarantee Sugar Supplies as Costs SoarThe European Union must guarantee sugar supplies for the bloc's refiners after quotas end because the cost of importing raw sweetener from preferential countries is at a 10-month high, according to Tate & Lyle Sugars.
Flooded fields leave Great Lakes Bay sugar beet farmers down, but not outVASSAR, MI Last year, an early spring meant early planting and a record season for many sugar beet growers.
Kenya: Nzioa Sugar Firm Pays Farmers Sh1 Billion ArrearsNzoia Sugar Company has paid Sh1.04 billion arrears owed to farmers for sugarcane delivered between July 2012 and February.
Kenya: Cane Tractor Driver Drowns in Mara RiverA sugarcane tractor driver for the Trans Mara Sugar Company was swept away by floods as he crossed the Keyian river yesterday morning.
Zimbabwe: Sugarcane Harvesting Set to BeginHarvesting of sugarcane begins next week in the Lowveld and is expected to continue until December, an official said yesterday.
Sugar mill byproducts to attract more investmentNeglected so far, the allied activities of sugarcane crushing are set to gain a major share of fresh investments due to the immense potential opened by the partial decontrol in sugar sales and 30 per cent increase in ethanol prices. Sugar mills, it is estimated, would be planning around Rs 4,000 crore of fresh investment to add 79,000 tonnes of fresh cane crushing capacity, for which commercial production is scheduled to commence by the end of 2014.
Sugar deal not so sweet for MSFA group of far north Queensland cane growers has snubbed its own mill by agreeing to send cane to a rival milling group after a stoush over the way sugar is sold.
Sugarbeet industry takes a peek into the futureFARGO, N.D. - The 51st edition of the International Sugarbeet Institute called upon Howard Dahl, one of the founders of Amity Technology, a leading manufacturer of sugarbeet harvesters, to provide a glimpse as to where he feels the sugarbeet industry will be five years from now.
Florida sugar companies won't be forfeiting on loansWith prices sugar producers receive hovering around 20 cents a pound, there's talk on the national level of the possibility of sugar forfeitures.
Subsidies heavily inflate Brazilian sugar industry, report saysWASHINGTON, April 17, 2013 - The Brazil sugar industry receives about $2.5 billion annually in direct payments and indirect assistance from its government while controlling 50 percent of the global market share of sugar exports, according to a report released today by the American Sugar Alliance.
Tanzania impounds 28 tonnes of illegal Malawi sugarAmid a wide-spread looming scarcity of sugar in the country, the Tanzanian Government has impounded 28.5 tonnes of Malawi sugar that was reportedly smuggled into that country last year. Tanzania's Deputy Minister for Agriculture, Food Security and Cooperatives, Adam Malima, told the Tanzania National Assembly in Dodoma, ==23 tonnes of sugar were impounded at Mbeya
