News

Suedzucker, Europe’s largest sugar refiner, on Friday raised its forecast of operating profits in its current financial year as environmental concerns have boosted demand for biofuel ethanol enough to partially offset weakness in the sugar sector that is slumping due to a global glut of the sweetener. It is reported by Reuters. «We are seeing robust demand for bioethanol in several European countries, — a Suedzucker spokesman said, — In the current debate about protecting the c...

«Zakhidnyi Bug» PE continues sugar beet harvesting campaign. It is reported by the enterprise on its Facebook-page. Sugar beet were harvested from the area of 5 520 ha or 67,3% of the total volume.  «Skomorokhy» and «Shymk...

BP Plc is still looking to close its deal with Bunge Ltd to merge sugar and ethanol assets in Brazil in 2019, so the companies can go on to plan their operations together for the new cane season that starts in early 2020. It is reported by Reuters. BP’s chief executive for biofuels, Mario Lindenhayn, told reporters on the sidelines of Datagro’s sugar conference in Sao Paulo the oil major was just waiting...

Chinese commodities trader COFCO International is investing in its cane processing plants in Brazil to expand ethanol production, as it expects that next season the fuel will again give better returns than sugar. It is reported by Reuters. COFCO is building new distillation columns and tanks at three of its four plants in Brazil, to increase ethanol capacity, the company’s global head of soft commodit...

Italy’s 2020 budget will include new taxes on plastic and sugary drinks designed to raise 1,3 billion euros, government officials said on Monday, prompting protests from producers. It is reported by Reuters. Taxes on sugary drinks, intended to raise revenues while also addressing health issues such as obesity, diabetes and tooth decay, have already been adopted in many countr...

As of October 24, Ukraine harvested 6,5 million tonnes of sugar beet. It is announced by press service of the Ministry of Agrarian Policy and Food of Ukraine. Ukrainian agrarians harvested sugar beets from the area of 149 thousand hectares or 68%...

«Astarta» production units continue sugar beet harvesting campaign. It is reported by the company on its Facebook-page. About 40% of the area under sugar beet left to be harvested. Harvesting works progress in a timely and qualitative manner, according to...

As of October 22, Khmelnytsk region harvested 858,000 tonnes of sugar beet. It is reported by Agricultural Department of Khmelnytsk Regional State Administration. Agrarians of Khmelnytsk region harvested sugar beets from 62% of the total area with the averag...

During 9 months of 2019, «Astarta-Kyiv» agri-industrial holding reduced sugar sales by 12% — to 239,88 thousand tonnes, compared to the same period of 2018. It is reported on the website of the Warsaw Stock Exchange. In the third quarter of 2019, sugar sales decreased by 2% — to 86,53 thousand tonnes, compared with the same period of th...

As of October 21, Ukraine harvested 6 million tonnes of sugar beet. It is announced by press service of the Ministry of Agrarian Policy and Food of Ukraine. Ukrainian agrarians harvested sugar beets from the area of 137 thousand hectares or 62%...