Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.
The Competition Commission (CC) today announced it has
provisionally cleared the completed acquisition by Napier Brown
Foods (NBF) of James Budgett Sugars (JBS), but voiced concerns
about the lack of competition in the UK sugar market.
A record sugar cane crop has helped the Philippines become an
exporter of sugar after years of imports. It expects to sell
160,000 tons overseas this year, according to the country's Sugar
Regulatory Authority (SRA). Anand Krishnamoorthy...
Food and ingredients producer Greencore has warned early that its
Irish sugar business could be seriously damaged when the EU finally
implements its sugar reform, expected next December, writes
Plans for EU sugar reform are unfair and would only benefit the
biggest producers, according to 10 member states including
Slovenia, Hungary and Latvia, as new discussions split opinions in
eastern Europe, reports Chris Mercer.
Brussels will fight to appeal against a new decision by the World
Trade Organisation that rules the EU illegally subsidises exports
of sugar, ruling in favour of a legal challenge by Australia,
Thailand and Brazil, the world's...
In her introductory speech before the European Parliament last
week, farm chief designate Mariann Fischer Boel signalled that
sugar reform and defending EU products at WTO talks were among the
key challenges for EU agriculture over...