News

Albacon Ventures Limited acquired 78,646 shares of «Astarta-Kyiv». It is reported by press center of the company. ASTARTA Holding N.V. (the Company) informs that on 12-th February 2020 Mr. Viktor Ivanchyk, Chief executive officer acquired through Albacon Ventures...

Despite the end of the production season, «Starokostiantynivcukor» LLC began the planned modernization of production facilities in order to increase the efficiency of the enterprise.  It is reported by the company on its Facebook-page. In particular, during the off-season 2020, «Starokostiantynivcukor» will emphasize the improvement of energy efficiency by updating t...

On February 12, 2020, the financial director of «Astarta-Kyiv» Viktor Gladkyi bought a stock of shares of the holding. It is reported by the company on the Warsaw Stock Exchange. Thus, the financial director bought 2 250 shares at a price of 17 PLN (about $4,36). The transaction amounted to PLN 38,25 thou...

The European Union will likely see a further decrease in planted sugar beet this year following the closure of some factories, participants at the annual Dubai sugar conference said on Wednesday. It is reported by Reuters. Sugar production in the trading bloc has fallen for two successive seasons after an initial surge after the EU abolished production quotas in 2017. Prices collapsed as...

The world’s largest plant to process sugarcane, Brazil’s Sao Martinho mill in Pradopolis, Sao Paulo state, could add corn as a second source of raw material to be able to boost its ethanol production, the company that controls the plant said on Tuesday. It is reported by Reuters. Several cane-based sugar and ethanol plants in Brazil are adding machinery to produce ethanol using corn as well, a model seen as profitable because plants use cane waste...

Despite last year's "subsidence" of sugar production in Ukraine by 20%, «A'SPIK GROUP» refineries increased sugar output by 12 thousand tonnes or 20%. It is reported by the company on its Facebook-page. In particular, in 2019, Khmelnytsk region produced over 72,000 tonnes of sugar, of which 46 thousand tonnes were produced at Staro...

Egypt’s Canal Sugar will produce 400,000 tonnes a year of white sugar when it starts production in the 2021 season, the chief executive said on Monday. It is reported by Reuters. Construction of the company’s sugar beet factory will be completed this year and the project will reach full capacity of 900,000 tonnes of white sugar a year in 202...

Chinese commodities trader COFCO said on Monday it did not predict a recovery in Thailand’s sugar crop any time soon. It is reported by Reuters. COFCO’s Managing Director Softs Marcelo de Andrade made his comments during a panel discussion at an industry conference in Dubai. Thailand’s sugar product...

In 2019/2020, sugar refineries of «RusAgro» operated for up to 156 days and produced 882,6 thousand tonnes of sugar. Output has increased by 17% in comparison to the previous season. It is reported by press-service of the company. Sugar production season started on August 25, 2019 and ended on February 3, 2020. During the season «RusAgro» processed 6,1 mil...