International Sugar Journal

Vietnam imposes 47.64% duty on Thai sugar shipped via 5 ASEAN countries [Full subscriber]

The country’s trade ministry said that Vietnam has imposed an anti-dumping and anti-circumvention levy on Thai sugar imported via 5 ASEAN nations.

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Malaysia – MSM secures US$69 million contract with Coca-Cola to supply 148,000 tonnes refined sugar [Full subscriber]

MSM Malaysia Holdings, through its wholly-owned subsidiary, MSM Prai Bhd (MSM Prai), has secured an MYR290 million (US$69 million) refined sugar supply contract with The Coca-Cola Company (Coca-Cola), according to local press reports.

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Malaysia – Sugar refiner MSM sacks its CEO over financial irregularities [Full subscriber]

MSM Malaysia Holdings Berhad (MSM), the country’s leading refined sugar producer has sacked its group chief executive officer (GCEO) Datuk Khairil Anuar Aziz, after the sugar company’s board found his clarification about an adjustment to write off inventories that amounted to MYR36.6 million (US$8.8 million), unacceptable.

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Malaysia – MSM to consolidate sugar-refining operations – driven by losses [Full subscriber]

In a cost-saving measure, MSM Malaysia Holdings Bhd will be consolidating its refined sugar production by relocating its factory operations for MSM Perlis Sdn Bhd (MSMP) in Chuping to MSM Sugar Refinery (Johor) Sdn Bhd (MSMJ) in Pasir Gudang and MSM Prai Bhd (MSMPB) in stages from June 20, according to local press reports.

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Malaysia’s sugar imports from India peak to over 300,000 tonnes [Full subscriber]

India’s exports of sugar to Malaysia so far in 2020 have nearly tripled over the figure for all of last year, in a quid-pro-quid initiative to end the trade dispute that halted its palm oil exports to India, according to trade officials, reported Reuters.

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Malaysia – Sugar imports from India to increase in return of palm oil export [Full subscriber]

Malaysia’s top sugar refiner said it will increase purchases of sugar from India in an effort to placate New Delhi amid an ongoing spat over palm oil imports, reports Reuters.

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Malaysia to impose tax on sugar-sweetened soft drinks in April 2019 [Full subscriber]

Malaysia will for the first time impose an excise tax of 40 sen (UScents 10) per litre on sweetened beverages starting April 1, 2019, according to local press reports.

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Malaysia – Sugar refiner eyes markets in China and Africa as new refinery nears completion [Full subscriber]

The country’s top sugar refiner MSM Malaysia Holdings Bhd plans to enter new markets and venture into the downstream business when its new refinery in Tanjung Langsat Industrial Complex, Pasir Gudang in Johor becomes operational soon, according to local press reports.

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Malaysia – Commercial scale biobased dodecanedioic acid plant to be built [Registered]

The Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) recently announced that the country will be home to the world’s first biobased chemical manufacturing plant by 2019.

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Malaysia – New sugar refinery on course for completion in 2018 [Registered]

Malaysia’s biggest sugar refinery, which is being constructed in Tanjung Langsat, Johor is approximately 80% complete.

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