News

China will boost mechanization of its sugar industry over the next five years as part of a broader plan to upgrade domestic production. It is reported by The Business Times. China aims to plant 70% of its sugarcane and 98% of sugar beet with machinery by 2022, up from 40% and 80% at present, according to a five-...

Chernihiv region harvested 6 thousand hectares of sugar beet, which is 87% of the plan. It is reported by the department of agro-industrial development of the Chernihiv Regional Administration. Currently, in Chernihiv region farmers harvested 215 thousand tonnes of sugar bee...

On October 27, 2017, «Astarta-Kyiv» agro-industrial holding signed an agreement to purchase «Agro-Ka Poltava» LLC in Poltava region and «Zlagoda Plus» LLC in Zhytomyr region. According to the holding's report, the completion of the transaction is expected by the end of this year. «Astarta» has already made a down payment on an agreement in the amount of UAH...

After two months of hard work, «Ukrainian Farming Company» («Agro-Dilo» Agro-Trade Firm) completed sugar beet harvesting. It is reported on the official Facebook page of the company. Specialists of the company managed to achieve good sugar beet yield — 56 t/ha with sugar content of 16,5%. This year sugar be...

In the second month of the current marketing year, Ukrainian producers exported 42,3 thousand tonnes of sugar, which is 2,5 times more than in September. «In October, producers exported 2,5 times more sugar than the previous month and, according to the Association's forecasts, this figure will continue to grow. The geography of exports d...

South Africa’s Tongaat Hulett reported a 5% rise in half-year profit, boosted by recovered production after a two-year drought. It is reported by Moneyweb. Diluted headline earnings per share — the main profit measure in South Africa — rose to 573,8 cents per share in the six months ended Sept. 30 comp...

«Astarta-Kyiv», Ukraine’s largest agricultural holding, has purchased the Ukrainian agrarian insurance company worth UAH 10,5 million. The holding said in its financial statements over January-September 2017 posted on the Warsaw Stock Exchange: «The acquisition of 100% of the shares of the insurer has been completed this y...

In Brazil, Platts expects the US to export 1,7 billion liters of ethanol to Brazil next year, down slightly from the 1,8 billion liters seen for this year despite the new 20% import duty on imports above 600 million liters. It is reported by Reuters. Center-south mills won’t be able to boost supplies to the north-northeast as higher gasoline prices boost demand for ethanol. US ethanol could increase market...

On Friday, November 10, Australia and Peru signed a free trade pact that will eliminate nearly all tariffs Australian exporters face in Peru in a boost for Australia's sugar industry, Prime Minister Malcolm Turnbull said. It is reported by Reuters. The deal marks one of the first steps toward reducing trade barriers in the Pacific region after US President Donald Trump withdrew the United States from the 12-nat...

«Gnidava Sugar Refinery» LLC plans to build a biogas refinery. The refinery will generate electricity by burning pulp on cogenerators. Gnidava Sugar Refinery plans to spend EUR15 million on modernization of the facilities within five years. In 2017, in particular...