News

Sugar beet — valuable technical crop, the main source of raw materials for sugar production. It is reported by press-service of the company. Sugar beet growing season is in full swing. Phytosanitary supervision of sugar beet crops is constantly carried out. As of July 13, sugar bee...

«A’SPIK Group» will enter the retail market under the eponymous “sweet” brand. It is reported by the company on its Facebook-page. In particular, Khmelnytsk sugar producers have already launched a line of packing a “sweet product” of their own produ...

The European Bank for Reconstruction and Development (EBRD) is considering provision of an additional USD10 million tranche to «Astarta». It is reported by press service of the bank. According to the report, these funds will be used to create additional liquidity cushion during the COVID-19 crisis.  The EBRD said the loa...

Indonesian state owned plantation company PT Perkebunan Nusantara III (PTPN III) will add 60,000 to 70,000 hectares to its sugar plantation to meet domestic white sugar demand, PTPN CEO Mohammad Abdul Ghani told parliament on Wednesday. It is reported by Reuters. Abdul Ghani said the expansion will use state-owned forestry firm, Perhutani’s, concession area. The size of the plantation stood at 62,583 hectares as of March,...

Suedzucker affirmed preliminary results showing its fiscal first-quarter operating profit rose 30% to 61 million euros, helped by higher sugar prices, cost savings and demand for frozen pizzas and functional dietary fibres during lockdown. It is reported by Reuters. Suedzucker on Thursday said the positive impact of panic-buying at the outset of the coronavirus pandemic had faded and was increasingly overshadowed by lower demand from...

Sugar beet pulp is in demand in domestic and foreign markets. It is reported by the company on its Facebook-page. In particular, in 2019/2020 marketing year, the main consumer of extracted sugar beet pulp from «A’SPIK Group» became a la...

 I&U Group Agroholding completed the construction of the biogas complex with a capacity of 6 MW/h near the village of Kapitanivka, Novomyrhorod district, Kirovohrad region. It is announced by I&U Group founder Sergei Tarasov on his Facebook-page.  He notes that the complex will process sugar production waste into raw materials for heat and electricity an...

In 2019-2020 marketing year, «A’SPIK Group» sold almost 30,000 tonnes of "sweet product" to its business partners. It is reported by the company on its Facebook-page. «Starokostiantynivtsukor» LLC produced 55% of this volume and 45% were produced at «Shepetivka Sugar Refinery» LLC.&...

Sugar production in Brazil's center-south region reached 10.57 million tonnes so far in the 2020-21 season that began in April, 57% more than in the previous season, industry group Unica said on Wednesday. It is reported by Nasdaq. Mills in Brazil continue to push for maximum sugar output at the expense of ethanol, with cane allocation for production of the sweetener reaching near a record 47% early...

French sugar maker Cristal Union, Europe’s fourth-largest sugar group, on Tuesday reported a net loss of 89 million euros ($100 million) for its 2019/20 financial year reflecting low sugar prices and exceptional costs. It is reported by Reuters. Its revenue fell 6% to 1.6 billion euros for the year ended January 31, the cooperative group said. Cristal Union last year decided to shut two sugar factories in Fran...