News of Ukraine


Kryzhopil Sugar Refinery started sugar production

On September, 1 «Podillia Foods Company» LLC (Kryzhopil Sugar Refinery) began sugar production season. Built in 1986, Kryzhopil Sugar Refinery is one of the "youngest" refineries in Ukraine. Recall that in 2017/2018 MY the company produced 135,8 thousand tonnes of sugar, processe...


Two «Astarta» refineries started sugar season

On September, 1 Yaresky sugar refinery, and on September, 3 Zhdanivka sugar refinery began sugar production season, the press-service of the company reported. In 2018 the company invested 300 million USD in its sugar refineries continuing the strategy of increasing sugar production efficiency (ongoing repairs and new investment projects, the most...


Gnidava Sugar Refinery acquired the newest German equipment

Gnidava Sugar Refinery made another major investment in sugar production — the purchase and installation of filter presses for filtering suspension. The project started in December last year. It is annonced by the Deputy Chairman of the Investment Board Glib Galkevych, the press service of the company reportes. Previously, the process was carried out on vacuum filters, but the...


Sugar market is under bearish trend pressure — Kingsman

This opinion was expressed by sugar market analyst of S&P Global Platts (Kingsman) Daniel Rebello during the first «Sugar Trade and Export Conference». «Global sugar prices continue to decline due to structural surplus, slowdowns in consumption, speculative sales, stable U.S. dollar and macroeconomic environment. Besides, sugar surplu...


Defecate allows to increase sugar beet yield

10 tonnes of «defecate mixture», which is the result of sugar beet processing, can replace 100 kg of nitrate, diamophos, potassium fertilizers, as well as mineral fertilizers such as calcium, magnesium, zinc, copper, manganese — all that is necessary for high agricultural yields. It is reported by the deputy director of Gnidava Sugar Refinery Oleksandr Nikishyn, the press service of the company reports. Large agricultural enterprises have already purchased scatter...


CIS sugar production will decrease next year — Sucden

Next season, the total sugar production in Russia, Ukraine and Belarus will decrease by 6% comparing with MY 2017/2018, but export potential will be unchanged. Marina Sidak, the head of analytical service (CIS) Sucden expressed such a view during the first «Sugar Trade and Export Conference». «In MY 2018/2019 in Ukraine and Russia there will be a decrease in sugar production by 5,5% and 11% respectively, but Belarus sugar production is forecasted to grow by 13%. At the same...


Gnidava Sugar Refinery carries out sugar beet audit

Gnidava Sugar Refinery carries out sugar beet audit and expects to process more than 500 thousand tonnes of beet. It is announced by the deputy chief executive on raw materials of Gnidava sugar refinery Oleksandr Nikishyn, the press-service of the company reports. He says that such sugar beet&nb...


Sugar production will return to the annual average level — Expert

Within  the framework of «Sugar Trade and Export 2018» Conference, which will be held on August 30 in Kyiv, the head of the analytical service «Sucden» (CIS) Maryna Sidak will comment the situation on the sugar market in the CIS countries. According to her forecasts, in MY 2018/2019, global sugar production will return to the annual average level, and Brazil will switch to ethanol: «World sugar production will drop...


«Astarta» sugar segment received almost EUR 68 million revenues

According to the results of the first half of 2018, «Astarta» sugar segment generated revenues of EUR 67,5 million, which is leading contribution to the group’s total revenues (39%). It is stated in the report of the company. Consolidated revenues stood at EUR 175 million (-30% y-o-y) on the correction of sugar price, decreased sales volumes and a volatile performance of the EU...

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