The Salvadoran Corporation for Investments (Corsain), the government decreed institution announced through local newspapers in early September that it has made available to cane growers and workers for purchase shares of four of the sugar mills that operate in the country.
Vietnam – Government to divest from sugar by end of 2017 [Registered]
The Vietnamese government is planning to fully divest from sugar mills by the end of this year, according to local press reports. The government hopes this will drive the competitiveness of the sugar industry.
Jamaica – Government to spend US$19.4 mln on cane roads and irrigation [Registered]
The projects, which include rehabilitation of cane roads and installation of irrigation systems, will be carried out under the Sugar Transformation Programme (STP) in the Ministry Industry, Commerce, Agriculture and Fisheries.
Australia – With reduced RET, Mackay Sugar rules out investment in cogen projects [Registered]
Mackay Sugar has ruled out further investment in co-generation projects if the 41,000GWh large-scale Renewable Energy Target (RET) is reduced to 33,000GWh, as both major parties have in-principle agreed according to local reports.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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