The Russian sugar industry has suffered under the weight of poor
logistics, erratic raw supplies and a lack of financing. We spoke
to a leading industry analysts to find out how the industry is
facing up to these challenges and what...
Plant closures and 'competitive pressures?saw profits slide for US
sugar giant Imperial Sugar despite a rise in operating income for
the first quarter. Global sugar surplus keeps the prices down and
German sugar giant Suedzucker willl break ground on a new plant to
produce bioethanol fuel from wheat at Zeitz in East Germany.
Earmarked for completion by 2005, the plant will operate in
conjunction with the local sugar factory.
A large proportion of Russian sugar processors have experienced
recession over the last year - so says a survey of leading industry
figures. However, the abolition of import taxes on imported raw
sugar might make things easier in...
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...
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.
British Sugar and the NFU have agreed the provisional factory
opening dates for this year's sugar harvest. Newark factory will
open on 12 September with the remaining five factories opening on
Replacing dietary fat with a higher intake of carbohydrates,
including sugar, can have a positive effect on weight control in
overweight individuals, according to a study sponsored by the
European Commission and EU sugar industries...
A federal government bail-out of the Australian sugar industry was
under threat on Tuesday after business and opposition groups, in
particular food manufacturers, objected to a three cent a kilogram
levy to fund the $120 million plan...