With the failure of WTO talks in Cancun last year, pressure has
intensified on Europe's heavily subsidied sugar regime - trading at
three times the world price- to change. While critics want to see a
fairer regime with Europe...
The chairman of the US Sugar Industry group has said that the
proposed CAFTA announced yesterday is unacceptable to the US sugar
industry. The body added that it was more in favour of alternatives
proposed by the WTO.
Cukrovary TTD, which is currently controlled by French company
Societe Anonyme Sucriere do Berneuil sur Aisne and Germany's
Nordzucker, has announced the closure of its sugar refinery in
Melnik, Czech Republic.
British Sugar's parent company, cash-rich Associated British Foods
(ABF), delivered a strong set of results for the year with the food
and agriculture division pulling in the highest operating profit
for the full year for the...
The Nordic region's leading confectionery maker, Cloetta Fazer, has
said that it expects the price of cocoa beans, a key raw material
for many of its products, to remain stable for the rest of this
German confectionery and bakery producers have strongly criticised
the current EU system designed to keep sugar prices artificially
high, arguing that it makes European companies uncompetitive when
it comes to exports.