International Sugar Journal

Australia – Mackay Sugar looks to sell one of its mills to reduce debt [Registered]

Mackay Sugar recently announced it is considering selling one of its mills to reduce the debt of some AU$212 million (US$159.5 mln), according to local press reports

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Australia – Cyclone Debbie cuts through the heart of cane producing region [Registered]

There are fears that the heart of Australia’s AU$2 billion (US$1.52 bln) sugar industry may have been ripped out by Cyclone Debbie which recently struck Queensland.

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Australia-Indonesia trade deal includes reduction in export tariff for sugar [Registered]

Australian Canegrowers, the sugar lobby group welcomed the wide-ranging trade deal struck recently with Indonesia, which includes sugar and will come into force by the end of the year.

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Australia – COFCO invests US$6 mln to upgrade milling operations at Tully Sugar [Registered]

The COFCO-owned Tully Sugar Mill has embarked on a massive maintenance and upgrade program for 2017, following a record 2016 crush. Some AU$8 million (US$ 6 mln) will be spent on upgrading milling operations to help the mill crush cane faster, according to local press reports.

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Australia – Wilmar seeks to end sugar marketing dispute [Registered]

The Singapore-based global commodities group Wilmar International is seeking talks with Queensland Sugar Limited (QSL), Australia’s largest sugar marketing and logistics company try to resolve a bitter dispute with cane growers over the rights to market sugar internationally.

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Australia – Re-regulation of the sugar industry stifling overseas investment   [Registered]

Australia’s commitment to foreign investment is on trial in northern Queensland where cane growers appear determined to corrode their already shaky relations with Singapore-based Wilmar International, reported the Australian Financial Review.

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Australia and India partner to develop improved cane cultivars [Registered]

The project will identify genetic markers for cane yield, sugar content, drought tolerance and red rot resistance, in sugarcane varieties, using biotechnology.

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Australia – US$515 mln biofuel project maybe derailed [Registered]

Land clearing around the State has been stopped pending a vote on the Bill later this year.

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Australian and India partner to develop improved cane cultivars [Registered]

The project will identify genetic markers for cane yield, sugar content, drought tolerance and red rot resistance, in sugarcane varieties, using biotechnology.

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Australia – Wilmar upbraids trade minister over Queensland sugar regulation [Registered]

Informed sources told the paper that during a recent trade mission to Singapore, an executive from Singapore-based agribusiness giant, Wilmar International, which operates eight sugar mills in Queensland, expressed his displeasure to Mr Robb on the matter.

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