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«Astarta»'s CEO increased shareholding in the company

Viktor Gladkyi, the CFO of «Astarta-Kyiv», has acquired a stake in the company. It is reporte on the website of the Warsaw Stock Exchange. According to the data, on February 8, Viktor Gladkyi bought 820 shares at an average price of 44 zlotys ($11,96) per share. Thus,t...

 
Vietnam to impose anti-dumping tax on sugar imports from Thailand

Vietnam said it planned to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry. It is reported by Nasdaq. The Vietnamese industry and trade ministry said on Tuesday a 33.88% levy would apply on Thai sugar, but a timeframe for when it will come into force has yet to be decided....

 
U.S. sugar stocks-to-use ratio reached 16%

The United States’ sugar stocks-to-use ratio, a key indicator to evaluate supply and demand, jumped for the second consecutive month and reached 16,1% on Tuesday, according to an estimate by the U.S. Department of Agriculture (USDA). It is reported by Reuters. The USDA had increased its stocks-to-use projection from 13,5% to 14,4% in January, due to higher sugar production in the United States. It boosted its projection again o...


«Astarta» completed optimisation of its sugar assets

«Astarta» is reporting on completion of sale of its two sugar plants in Kharkiv region – Savynskiy and Novoivanivskiy. It is reported by press center of the company. As previously communicated, the Company’s management was focusing on improving the profitability of the Sugar Segment and optimising the co...


Khmelnytsk region harvested more than 926 thousand tonnes of sugar beets

In 2020, farmers of Khmelnytsk region harvested 926,6 thousand tonnes of sugar beets. It is reported by Khmelnytsk Regional State Administration. In 2020, in Khmelnytsk region the sugar beet sown area amounted to 22,6 thousand hectares —  4,5 thousand hectares less t...


«Starokostiantynivtsukor» upgraded the capacity of sugar drying shop

Proper drying and storage of sugar, as well as the production process, are very important stages. After all, the quality of products and compliance with standards depends on compliance with all requirements. Therefore, a number of upgrades of the entire sugar drying shop were carried out at «Starokostiantynivtsukor» LLC. It is reported by the company on its Facebook-page. «In 2020, we carried out modernization and reconstruction in the shop: we installed a new scrubber, a dust collector of a drying drum...

 
In Britain, heavy rainfalls flooded sugar beet fields

Two months of heavy rainfall has left farmers lifting waterlogged sugar beet in Lincolnshire. It is reported by Farmets Weekly. Beet lifted by contractor Richard Ivatt yielded 48 t/ha at 15,5% sugar content, compared with 85 t/ha and more than 17% sugar in an average year at Deeping St Nich...


«Astarta» increased sugar sales by 33%

In October-December 2020, «Astarta», the biggest sugar producer in Ukraine, increased sugar sales by a third compared to the same period in 2019. It is reported by «Interfax-Ukraina». During this period, sales of sugar increased by 33% - to 81.81 thousand tonnes. «Astarta» is a vertically integrated agri-industrial...

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