The sugar co-operative Tereos increased the price of beets delivered for the 2022-2023 campaign for its cooperative members by 40% from last year.
EU + UK sugar production to fall in 2022/23 [Full subscriber]
With the 2022/23 campaign in full swing in the European Union, sugar production is forecast to fall by 6.9% to 15.5 million tonnes following a drop in beet acreage and a severe summer drought in many parts of the trading bloc, according to the European Commission.
France – Afyren inaugurates €80 million biobased organic acids plant [Full subscriber]
The biotech start-up Afyren has inaugurated its first commercial-scale plant, Afyren Neoxy, in the city of Carling Saint-Avold. According to a press release in late September, it will produce biobased organic acids.
France – Tereos hit by fuel supplies as the 2022/23 campaign commences [Full subscriber]
France’s largest sugar maker, Tereos had to slow output slightly at some factories after TotalEnergies said ongoing strikes at its refineries would prevent it from supplying diesel fuel until the end of September, reported Reuters.
France – Cristal Union to forego beet pulp drying to conserve energy during the 2022/23 campaign [Full subscriber]
High gas prices and access to its supply has prompted Cristal Union, one of the top French sugar producer, to forego beet pulp drying during the 2022/23 campaign, according to Pascal Hamon, Industrial Director.
France – New build micro organic beet sugar factory scheduled [Full subscriber]
The Bio en Hauts-de-France collective is planning the construction and operation of the first 100% organic beet sugar factory in northern France, according to local press reports.
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.
France – Soaring gasoline prices boost demand for conversion kits to power cars with cheaper ethanol [Full subscriber]
Sales of kits that convert gasoline-powered cars to run on bioethanol are surging in France as drivers switch to using the sharply cheaper crop-based fuel amidst soaring oil prices.
France – AKS plans to build over 650,000 tonnes beet sugar factory in Normandy [Full subscriber]
The port management group of Le Havre-Rouen-Paris Haropa Port announced on 17th March that it had selected the Dubai company Al Khaleej Sugar (AKS) for a beet sugar factory project on a 75-hectare wasteland located downstream from the port of Rouen (Seine-Maritime ) formerly occupied by the car-maker Renault.
France – Motorists opt for the cheaper E85 blend [Full subscriber]
Consumption of super ethanol E85 fuel rose 33% in France in 2021 and is expected to continue growing this year as a surge in gasoline prices makes the biofuel more attractive to consumers, reported Reuters.
Monthly Snapshot
March raw sugar futures fell to 19.83 cents per lb on November 17th after hitting a seven-month peak of 20.44 cents on November 16th. As the analyst, Tobin Grey at […]
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