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Vinnytsia sugar refineries produced 363,5 thousand tonnes of sugar

In 2021, 363,5 thousand tonnes of sugar were produced in Vinnytsia region, compared to 264 thousand tonnes in the previous season. It is reported by «Golos Ukrainy» with reference to Department of International Cooperation and Regional Development of Vinnytsia Regional State Administration. Last year, 2.4 mill...


Suedzucker confirms 90% quarterly profit surge

Europe's largest sugar producer Suedzucker confirmed a rise of about 90% in third quarter operating profit on Thursday as an improved sugar market boosted earnings. It is reported by Reuters. Suedzucker said operating profit in the three months to Nov. 30 rose to 127 million euros ($145.30 million) on sales up 17.4% to 2.04 billion euros. Suedzucker repeate...

 
China's sugar import slowed down

Chinese sugar imports will remain low and sharply below last year's levels, despite the recent weakness in raw sugar futures, as the sweetener's prices in China fall and ocean freight stays expensive, sugar consultancy CovrigAnalytics said on Tuesday. It is reported by Reuters. «The drop in Chinese domestic prices is not surprising as domestic production is picking up and on a seasonal basis shall reach a peak by the end of January»,...

 
India's sugar output rises 4,3%

Indian sugar mills have produced 11.56 million tonnes of sugar in the first three months of 2021/22 marketing year, up nearly 4.3% from the same period a year earlier, a trade body said. It is reported by Nasdaq. India is the world's second-biggest sugar producer and the higher output could weigh on global prices. Sugar mills have so far contracted to export about 4 million...


Tereos to issue new 300 mln euro bond to repay some debt

French sugar and ethanol group Tereos said on Monday its subsidiary Tereos Finance Groupe I intended to issue 300 million euros ($340.17 million) in senior unsecured notes, subject to market conditions, to repay some of its existing debt. It is reported by Reuters. The bond would be due in 2027, it said in a financial release posted on its website. The group had already issued similar notes in October 2020, due in 2025. Tereos, t...


Ukrainian sugar production will fully cover the domestic market needs

According to the estimation of «Ukrsugar» Association, in 2021/2022 MY, Ukrainian sugar production will fully cover the domestic market needs. In 2021, in Ukraine the total sugar beet sown area amounted to 226,6 thousand hectares — 20 thousand hectares more than the previous year. In addition, the weather was good, enough moisture...


«Radekhivskyi Sugar» LLC completed 2021 production season

Sugar plants of «Radekhivskyi Sugar» LLC completed 2021 sugar beet processing season. It is reported by press service of the company. On December 28, 2021, the last refinery of «Radekhivskyi Sugar» LLC completed its current production activities. Despite a r...


Beginning of sugar-refining season 2021/2022 (updated)

Sugar-refining season 2021/2022 MY officially started on August, 21, 2021. August 21 — «Panda» LLC («Selyshche Sugar Refinery» OJSC) September 1 — «Zoria Podillia» Foods Company» LLC (Gaisin Sugar Refinery)...


Gnidava Sugar Refinery successfully completed 2021 beet processing season

The 2021 sugar beet processing season was not easy, but thanks to the efforts of the entire team of Gnidava Sugar Refinery, it was successful. It is reported by press service of the company. «In fact, our company began sugar production on May 13, when the first batch of sugar cane entered the refinery and the season l...

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