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 : Wed, 07 May 2008 08:34:12 +0200
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Demolition work has started at the disused British Sugar factory in York which closed down last year with the loss of 100 jobs.
Former sugar chief hits out at Fiji governmentThe former head of Fiji's Sugar Cane Growers Council has accused the interim government of taking any measure necessary to crush those who oppose the military regime.
Brazil's energy plan examinedWith national security on everyone's mind and the average retail price of gasoline nearing an inflation-adjusted high of $3.40 a gallon, analysts have touted Brazil as an example the United States should follow on the path to "energy independence."
Biofuels answer to climate change: UN, EUATHENS (AFP) - Biofuels must be developed more selectively to prevent competition with food-related crops, but they are still an answer to climate change, United Nations and European Union officials said on Tuesday.
Sugar beet smell back this weekendThe odor from the American Crystal Sugar plant in East Grand Forks will return this weekend, company officials told Grand Forks City Council members.
Tana Delta sugar project hearing startsThe public hearing over the controversial sugar project in the Tana Delta district started Tuesday with the supporters and opponents of the investment coming face to face to argue their cases.
Brazil seeing sweet profit from sugar cane-based ethanolCOSTA RICA, Brazil – The other side of ethanol, vilified as a cause of soaring food prices and hunger, can be seen in Brazil, where farmers are pushing down energy costs – both at the pump and the electricity meter.
Maharashtra sugar mills face poor recoverySugar mills in Maharashtra, the country's largest sugar producing state, are operating at an alarmingly low recovery rate of 4-5 per cent following the government's threat of stern action in case they leave crop untouched in their allocated cane area.
Tanzania: Ethanol Firm Eyes Country, MozambiqueA Swedish company, SEKAB is working to help Tanzania and Mozambique to become free of their dependence on oil and significantly increasing their production of electric power and exporting several billion litres of ethanol within 20 years.
Ethiopia: Tendaho Sugar Factory Construction Behind ScheduleOfficials of the federal government are disappointed with the delay in the launch of the new Tendaho Sugar Factory construction project.
South Africa: Bosch Makes Giant Leap Into Global Sugar MarketONLY 16 months after first assessing opportunities for expanding the business into Brazil, B&A Group subsidiary Bosch Projects has reached a significant milestone by establishing an international company in the South American country.
Ebro Puleva studying sale or stock market listing of sugar businessMADRID (Thomson Financial) - Ebro Puleva SA. is studying the sale or stock market listing of its sugar business, the Spanish foods group said in a statement
Spain's Ebro may sell its sugar businessMADRID, May 5 (Reuters) - Ebro Puleva (EVA.MC: Quote, Profile, Research), Spain's biggest food company, said on Monday it may sell its sugar business after it completes a restructuring of the unit which brings in about a quarter of its income.
Ebro Puleva: Study of the Possible Sale or Spin-Off of the Ebro Puleva Sugar BusinessMadrid, May 5 - You are hereby advised that the Board of Directors of Ebro Puleva, S.A. has unanimously resolved as of the date hereof to put this matter to the shareholders at the forthcoming Annual General Meeting, including on the agenda a proposal to study and analyse either the possible sale or the possible spin-off and flotation of the Ebro Puleva sugar business and other related agro-industrial businesses and proposing the adoption of a resolution authorising the board to begin the necessary studies and contacts to explore both possibilities, delegating it to carry out the operation or to abandon it if market conditions are unfavourable.
Vietnam sugar boss loses company funds on stocksHanoi - Officials at a Vietnamese sugar company said Monday their CEO had yet to quit, despite local media reports he had tendered his resignation after sustaining heavy losses on 1.1 million dollars in company funds he had invested in Vietnam's plunging stock market, without the consent of the company's managing board. Pham Nhu Hoa of La Nga Sugar Joint Stock Company in Dong Nai province, 60 kilometers north of Ho Chi Minh City, asked for permission to resign from the posts of CEO and general director at a board meeting over the weekend, the news website VnExpress reported Monday.
