News

«Raiffaizen Aval Bank» and Agro holding «Gals Agro» signed the loan agreement worth € 10 million in the framework of renewable energy financing program. The press-service of the company reports about it. The agro holding will send the loan funds for construction and commissioning of 3 biogas refineries in Chernigiv and Kyiv regions. Biogas ref...

On 11 October, the wholesale price of sugar in the southern Federal district made up of 24,48 RUB for kg with the VAT. This is 28% below the level of the beginning of the year (34 RUB per kg). When compared with the end of June, when the figure reached to 42?5 RUB per kg, sugar became cheaper by 1,7 times. «Agroinvestor» writes about it. In January-August the production of sugar in Russia in comparison with the same period in 2016 increased by 37,5% — to 1,14 million tonnes. In part...

Suedzucker, Europe’s largest sugar refiner, said high revenues in its sugar and biofuels sectors helped propel a strong rise in second quarter earnings, and the company remained optimistic as the European Union’s liberalized sugar market starts. It is reported be Reuters. Suedzucker confirmed its previous forecast for group operating result in its current 2017/18 financial year of 425 to 500 million euros ($ 505-594 million) against 426 mi...

«BIOPEK» LLC, located on the territory of Gnidava Sugar Refinery, whose work was previously connected with the appearance of a stench in Lutsk, restarts its work at full capacity. It is reported by the press service of «Gnidava Sugar Refinery» LLC. The bioethanol refinery has not been operational since May. First, its owners suspended it themselves...

In the second half of September in Brazil's Center-South region the volume of sugarcane crushed would be down 8.6% from two weeks prior, when 45,44 million tonnes were crushed. It is reported by S&P Global Platts. The amount of sugarcane crushed in Brazil's key Center-South region is expected to total 41,55 million tonnes, down 2,3% year on year. Despite l...

Today sugar industry of Vinnytsia region is the most powerful in Ukraine. Director of the Department for Agricultural Development, Ecology and Natural Resources of Vinnytsia Regional State Administration, Mykola Tkachuk, reports about it. The press service of the Regional State Administration reports. The official stressed that sugar industry was and remains a strategic direction of the agrarian sector of Vinnytsia region. The econo...

In Zambia, the 2016/17 crop year will end with a 6% drop in sugar production. According to the forecasts of the US Department of Agriculture (USDA), Zambia will produce about 388,405 tonnes of sugar compared to 411,279 tonnes last year. Brussels Office Weblog reports about it. This slight contraction in volume is due to a deterioration in the quality of sugar cane, as well as a reduction in the quantity of sugar cane transported t...

In 2017/18 in Australia the harvested area for sugar cane is revised down to 400,000 hectares, due to the lower price and competition from other crops. It is reported by Reuters. Australian sugar cane crush for 2017/18 is forecast at 34 million MT, up 6%. Sugar production is forecast at 4,8 million tonnes, the same as the official forecast. E...

«Astarta», the largest sugar producer in Ukraine, plans to increase its land bank to 400 thousand hectares by 2020. The Operations Director of «Astarta», Zhelko Ertseg, says, reports Delo.UA. «Land bank increasing is a permanent process. Now our land bank includes 250 thousand hectare...

In the first month of the current marketing year, Ukrainian producers exported 16,94 thousand tonnes of sugar into foreign markets. The largest deliveries were made to Azerbaijan — 38%, Sudan — 16%, Tajikistan — 13%, Turkey and Sri Lanka — 8% and 7%, respectively. According to the head of...