The company’s operating profits at the sugar business has more than halved this year, falling 51% from £249 million to £123 million largely due to the volatility in the market place with the EU sugar industry having to compete in the global market which has been awash with sugar and prices depressed for some time.
Abstracts from the proceedings of the 2018 South African Sugar Technologists’ Association’s annual conference : Agriculture papers [Registered]
Sugar Industry Youth in agriculture: Securing the future of sugarcane farming in South Africa Dube S and Nicholson RJ Kwa-Shukela 170 Flanders Drive Mount Edgecombe, 4300, South Africa [email protected] [email protected] […]
The Singapore-based agri-business Indofood Agri Resources (IndoAgri) has invested BRL23.6 million real ($9.6 million) to take a 50% stake in a joint venture with a Brazil-based investment holding company J&F Investimentos for the acquisition of a sugar mill in the country.
The BP Verenium Biofuels plant in Jennings, Louisiana, is being offered for sale. The 1.4 million gallons (6.36 mln litres) demonstration-scale facility celebrated its grand opening in 2008 and was acquired by BP Biofuels North America in mid-2010.
The dispute was over ad campaign about high fructose corn syrup. Several sugar producers including global leader ASR Group alleged in a 2011 lawsuit that a Corn Refiners Association advertising campaign describing high fructose corn syrup as “corn sugar” and “natural” was false.