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Gnidava sugar refinery will continue to work on alternative energy sources, as it has appropriate licenses for this. It is stated by the deputy director of Gnidava sugar refinery Oleksandr Nikishyn, press service of the company reported. «If we worked only on the "gas scheme", then...

Twenty years ago, sugar beets occupied only 10 hectares on the fields of «Petrychenko and K0» farm, then — 20 hectares, 50 hectares and reached 260 hectares of cultivated areas. Cultivation of this culture turned out to be quite a profitable business. Mykola Petrychenko, the head of «Petrychenko and K0» farm, said, «Astarta» reported about it on its Facebook page. «Cooperation with «Astarta», which...

The European Union (EU) is expected to have a shortfall of 785,000 tonnes of sugar (white value) in the new season that starts in October as plants - many of which were converted back to oil from gas - started beet processing earlier than normal. It is reported by Nasdaq. According to a report by sugar market adviser CovrigAnalytics, the EU supply balance is swinging from a surplus of 670,000 tonnes in 2021/22 (Oct-Sept) due mostly to a fal...

This year, sugar beet processing season for agricultural producers was better than for the enterprise, because if you grew a good crop, you could get 2-3 thousand dollars of net profit from each hectare of sugar beets last year. The deputy director of Gnidava sugar refinery, Oleksandr Nikishyn, said this in a comment, press service of the compeny reports. «Sugar beet is a good crop, its profitability f...

The ongoing drought has delayed the harvest of East Anglia's sugar beet crop — prompting British Sugar to push back the opening dates for its factories. It is reported by Eastern Daily Press. The firm announced that its factories at Bury St Edmunds in Suffolk and Cantley in Norfolk will open later than usual this year, on October 5 and 20 respectiv...

«Astarta-Kyiv» sugar segment 1H22 revenues increased by 5% y-o-y to EUR62m, with 16% y-o-y lower sugar sales volumes offset by 23% y-o-y higher prices. It is reported by press center of the company. Export volumes stood at 4kt, comprising 4% of total sales. Gross margin dropped by 14pp from 37% in 1H21 to 23% in 1H22 due to higher cost of sales. E...

The management of Dangote Sugar Refinery Plc has said it is set to reduce the importation of sugar into Nigeria by 40%. It is reported by Punch. The President, Dangote Group, Aliko Dangote, said in a statement that it was embarking on Phase II of its sugar project, which would cover over 100,000ha to make the sugar...

Sugar producer Nordzucker expects group harvest to be below last year’s level due to the drought across large parts of Europe. It is reported by ESM. The group will commence processing sugar beet on 3 September. Nordzucker is beginning its production of sugar this year at its plant in Schladen, Germany, as part of...

russia's 2022 production of sugar beet is expected to rise by 5% from a year earlier, the Russian Sugar Producers' Union industry lobby said, adding that sugar refineries had started processing this year's crop. russia has doubled sugar output over the past 15 years to end a reliance on imports and is currently self-sufficient. However, the supply of the commodity has been in the spotlight for domestic con...

Ukrsibbank, a Ukrainian associate of BNP Paribas Group, extends a USD8m loan to «Astarta». It is reported by press center of the company. As part of its efforts to boost food security in wartime Ukraine, the EBRD guarantees 60 per cent of the USD8m facility through an agreement with part...