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Albacon Ventures increases its stake in «Astarta»

On October 2, Albacon Ventures Limited, owned by Viktor Ivanchyk, the CEO of «Astarta-Kyiv» agri-industrial holding, acquired almost 7,500 shares of the company. It is reported on the Warsaw Stock Exchange. It is noted that the shares were purchased at a price of 17PLN (about $4,4). The deal amounted to 127 thousand PLN (about $33 thousand) As...


France eases ban on bee-threatening pesticide to help sugar sector

French lawmakers on Tuesday approved a draft bill allowing sugar beet growers to use pesticides that are banned to protect honeybees, a move welcomed by farmers hit by crop disease but condemned by green groups as more backsliding by the government. It is reported by Reuters. The proposal, which contradicts a promise by President Emmanuel Macron during his presidential campaign not to modify the ban on pesticides known as neonicotinoids, aims...


Ukraine harvested more than 822 thousand tonnes of sugar beets

As of October 5, Ukraine harvested 822,2 thousand tonnes of sugar beets. It is reported by Information and Analytical Portal of the agro-industrial complex of Ukraine. Over the last week, the biggest crop volumes were harvested in Poltava (631,5 thou...


EBRD extended its credit line to «Astarta»

The European Bank for Reconstruction and Development will grant «Astarta» an additional USD 10 mln loan tranche to replenish its working capital. Representatives of the Bank and the company signed the relevant agreement on September 30, 2020.  It is reported by press center of the company. Financing is made available within the framework of the credit line existing since 2018 and will help ASTARTA to create an additional liquidity cushio...


Viktor Ivanchyk increased its stake in «Astarta» to almost 40%

Albacon Ventures Limited increased its stake in «Astarta-Kyiv» agri-industrial holding to 39,54%. It is reported on the website of the Warsaw Stock Exchange. Thus, on September 30, Albacon Ventures Limited bought 100,000 shares of «Astarta-Kyiv» at the average price of PLN...


Ukraine harvested more than 656 thousand tonnes of sugar beets

As of October 1, Ukraine harvested 656,4 thousand tonnes of sugar beets. It is reported by Information and Analytical Portal of the agro-industrial complex of Ukraine. Ukrainian farmers continue sugar beet harvesting, which were harvested from the area of...


Chortkiv Production of «Radekhivskyi Sugar» began sugar-refining season

On September 26, Chortkiv subdivision of «Radekhivskyi Sugar» LLC began sugar beet processing campaign. It is reported by press-service of the company. The capacity of the refinery amounts to 7,5 thousand tonnes per day. This season, the refinery plans to process almost 500 thousand to...


Ukraine harvested 242 thousand tonnes of sugar beets

Ukraine harvested the first 242 thousand tonnes of sugar beets. It is reported by Information and Analytical Portal of the agro-industrial complex of Ukraine. As of September 24, Ukrainian farmers were involved in sugar beet harvesting, 242 thousand tonnes...

 
In Brazil fires in cane fields could impact next sugar season

A series of fires hitting cane fields in Brazil’s centre-south region are unlikely to change the outlook for sugar production in the current season, but could impact next year’s season, cane industry group Unica said on Wednesday. It is reported by Reuters. Traders and analysts have cited the fires and the excessive dry weather in Brazil as one of the factors supporting sugar prices’ rise in the latest sessions in New...

 
China doubled sugar import volumes

In August 2020, China imported 680,000 tonnes of sugar (+56% compared to August 2019). It is reported by Reuters. According to data released by the General Administration of Customs on Wednesday, the total volume of sugar imports to China in 2020 amounted to 2,23 million tonnes...

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