sugar deal
International Sugar Journal
The world’s largest sugar refiner, the ASR Group, has agreed to buy 1.2 million tonnes of certified non-genetically modified (GMO) raw sugar from Raizen for the next 10 years, reported Reuters.
Court orders Tate & Lyle to pay US$27.3 mln to ASR over sugar deal [Registered]
American Sugar Refining in 2010 paid £211 million for Tate & Lyle’s E.U. sugar business. The acquisition included a license for the use of the Tate & Lyle brand in connection with the sale of sugar as well as refineries in London and Lisbon, Portugal.
Monthly Snapshot
New York’s October raw sugar futures were down 0.75% to 18.53 cents per lb on July 21, while the white sugar fell slightly to US$535.40. Various dynamics are currently in […]
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