International Sugar Journal

Cristal Union posts 40% increase in net profit in 2021/22 [Full subscriber]

The cooperative sugar group Cristal Union posted a net profit of €97 million (US$102 million) in the 2021/22 financial year, up 40% from €69 million a year earlier, on the back of the price surge in sugar, alcohol and bioethanol.

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France – Cristal Union to invest €100 million to store water produced from beet during processing and install biogas units [Full subscriber]

One of the top French sugar producer Cristal Union is planning to invest €100 million at its plants to store water recycled during sugar beet processing as well as install methanizers to produce biogas from wastewater effluent.

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Cristal Union secures €1 billion refinancing [Full subscriber]

The cooperative group Cristal Union announced on 27th January a €1.0 billion (US$1.12 billion) refinancing agreement which it has decided to link to environmental, social, and governance (ESG) criteria, including the reduction of greenhouse gas

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France – Two workers at Cristal Union’s sugar factory seriously burned [Full subscriber]

Two maintenance workers who worked at the Cristal Union sugar refinery, located in Villers-Faucon, in the east of the Somme, were badly burned on the morning of 9th November. They were sprayed with jets of boiling water. An investigation is underway

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Cristal Union returns to profit in 2020/21 [Full subscriber]

France’s second-largest sugar maker Cristal Union made a €69 million (US$84.5 million) profit in the year to Jan. 31 in 2020/21, its chief executive told Reuters on 26th May.

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France – Cristal Union to plans to invest €24 million to reduce GHG emissions from its plants by 35% by 2030 [Full subscriber]

In a bid to reduce greenhouse gas emissions (GHG) by 35% by 2030, Cristal Union is going to invest €24 million along with the state aid of €10 million under the France Relance plan.

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France – Cristal Union to shut two beet sugar factories [Full subscriber]

The French sugar cooperative Cristal Union said on 18th April that it is to shut down two of its beet sugar factories amidst low global sugar price which has impacted its profitability.

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France – Cristal Union to expand production of organic beet sugar [Full subscriber]

Following tests with a small group of farmers in 2017 and 2018, the French sugar co-operative Cristal Union is considering increasing the production of organic beet sugar, according to the press release on its website.

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France – Cristal Union scraps previous pricing mechanism for beet growers amidst market volatility [Full subscriber]

The sugar co-operative Cristal Union is scrapping minimum price for tonnage of beet for farmers as it expects sugar prices to fall further in 2018, reported Reuters.

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France – Cristal Union says dry weather will reduce 2017/18 sugar output [Registered]

Cristal Union, the European Union’s fourth largest sugar producer, stated recently that weeks of dry weather in Europe is expected to hit sugar production and exports, reported Reuters.

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