News

S&P Global Platts Analytics forecasts total 2019-20 EU sugar production will be down 428,000 mt on the year at 17.502 million mt as a result of dry conditions early in the season and heavy rainfall late in the season, meaning beet yields did not offset a reduced planted area in the main producing countries of France and Germany. It is reported by press-service of S&P Global Platts However, in the UK, AB Sugar said the campaign was "entering its final stages and is progressing well". British Sugar owne...

«A'SPIK GROUP» continues its systematic work on the implementation of modern innovative technologies at the corporation's refineries. It is reported by the company on its Facebook-page. This year the deep reconstruction will be held at «Shepetivka Sugar» LLC. An enterprise with a 170-year history will abandon the clas...

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...