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BP still aiming to close Brazil deal with Bunge in 2019

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...

 
COFCO expands ethanol capacity in Brazil

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 to tax sugar drinks

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...


Ukraine harvested 6,5 million tonnes of sugar beet

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» harvested 60% of sugar beet

«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...


Khmelnytsk region harvested 858,000 tonnes of sugar beet

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...


«Astarta» reduced sugar sales by 12%

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...


Ukraine harvested 6 million tonnes of sugar beet

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%...


Poltava region harvested 74% of sugar beet

As of October 18, 74% of sugar beet areas were harvested in Poltava region. It is reported by Agricultural Department of Poltava Regional State Administration. The local agrarians harvested sugar beets from the area of 19,2 thousand hectares, 748,1 thousand tonne...

 
India 2019/2020 sugar production will decrease by almost 15% — USDA

As per latest data compiled by United States Department of Agriculture (USDA), India sugar production will decline for the second consecutive year to 29,3 million tonnes, which is 14,6% below the previous season. It is reported by Indiainfoline. Additionally, as compared to the previous season (MY2018/2019), a lower than expected diversion of cane for sugar production (due to limited cane availability in Ma...

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