News

During January-April 2019, sugar exports of «A'SPIK GROUP» exceeded 33% of the total sale volumes of the "sweet product". It is reported by the company on its Facebook-page. In particular, this year, the group companies put more than 12 thousand tonnes of sugar to their business partners, of which more than 4 thousand...

For the first quarter of 2019, the revenue of «Astarta» sugar segment decreased by 44%. It is reported by press-service of the company. Consolidated revenues of the Group grew by 28% — to EUR 116 million y-o-y on back of solid performance by the agriculture and the soybean proce...

Biogas station with the capacity of 2,4 MW was opened in Gorodysche-Pustovarivsk, Kyiv region. It is reported by AgroTimes with reference to «Zorg Biogas» company, which was engaged in the construction of the station.  The station is able to process 300 tonnes of b...

The pulp presses, installed at Gnidava Sugar Refinery, significantly reduced the amount of raw pulp that falls into the dumps in the past year. It is reported by press-service of the company.  «In fact, in the past year, there was no beet pulp in our dumps, all the pulp was picked up by the peasants. Another year of work and all...

Although the first sugar beet seedlings of «A'SPIK GROUP» have been partly affected by May heavy rains, there is no need for re-sowing.  It is reported by the company on its Facebook-page. The company informs that 200 ha of sugar beet areas have been found problematic for Starokostiantyniv agragians after excessive spring rainf...

Indian and Thai sugar production are expected to fall in the 2019/2020 season, contributing to a global supply deficit, but large stockpiles in both countries are likely to continue to hang over the market, said Jeremy Austin, general director of Sucden Brazil. It is reported by Reuters. A global sugar deficit of 2,5 million tonnes is seen developing in 2019/2020 after a small surplus in the previous year, Austin said. Indian sugar production in 2019/2020...

A global sugar deficit of 2,34 million tonnes is seen developing in the 2019/2020 season, compared to a 0,48 million-tonne surplus in 2018/2019 as output from major Asian players is set to fall, said Plinio Nastari, president of consultancy Datagro. It is reported by BusinessLine. Production in second-largest producer India is forecast to fall to 29,1 million tonnes from 33,2 million tonnes in the previous season, Nastari said. Thai output is...

Sugar king Brazil is shunning the sweetener as booming demand for ethanol siphons off more of its cane crop. It is reported by Bloomberg. That’s the assessment of Alvean, the world’s largest sugar trader and a joint venture between U.S. agribusiness giant Cargill Inc. and Brazil...

A global sugar deficit of 6,7 million tonnes is seen developing in 2019/2020, following a 401,000-tonne surplus in the previous season. Luca Meierhofer, head of global cash trading at Louis Dreyfus Company, said on Wednesday, Reuters reports. Production in historic top-producer Brazil is seen rising only slightly in the season to 2...

Brazil’s center-south will produce less sugar than initially expected in the new season that started in April, as higher gasoline prices boost demand for cheaper ethanol, leading mills to allocate less cane to sugar, broker INTL FCStone said on Tuesday. It is reported by Business Recorder.  FCStone cut its projection for sugar production in Brazil’s main producing belt to 27,8 million tonnes from 29,5 million tonnes expected in March....