Revival of sugar production in Madagascar with the construction of a new sugar factory in the Menabe region is expected to occur, according to a local press report.
India – An engineer dies after fire erupts at Mohiuddin sugar mill [Full subscriber]
A massive fire broke out at Mohiuddinpur sugar mill in Uttar Pradesh’s Meerut in November, killing the engineer Narendra Kushwaha who succumbed to his injuries during treatment at a hospital.
Romania – Zahar Bod sugar factory to resume operations in 2023 [Full subscriber]
Zahar Bod, a 133-old sugar factory in Romania, will resume production in 2023 after it was taken over by local group Best Achizitii following prolonged insolvency procedures, according to local press reports.
Ethiopia – New build Tana Beles No. 1 sugar factory commences operations [Full subscriber]
The Ethiopia Sugar Corporation (ESC) disclosed on 11th March that the Chinese-built Tana Bales No. 1 sugar factory, sited in the country’s northern Amhara region, has commenced operations.
Kenya – New build US$44 million sugar factory set to commence operations in Q1 2022 [Registered]
A new build KES5 billion (US$44 million) sugar factory owned by the Rai family will start milling sugar in the first quarter of the year.
Sri Lankan government to build a new sugar factory [Full subscriber]
The government has approved the setting up of a new state sugar factory in Welioya in the Moneragala district, cabinet spokesman minister Ramesh Pathirana said.
Tereos plans to close its sugar unit in Romania and to exit malt business [Full subscriber]
French sugar producer Tereos has reached an agreement with the grain cooperative Axereal to sell its stake in their malt business and is in consultation with unions to close its sugar business in Romania.
Nigeria – AFC injects US$200 million in BUA Groups new build sugar project [Full subscriber]
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has approved a US$200 million to complete BUA Group’s vertically integrated sugar facility in Lafiagi, Kwara State, Nigeria.
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
Indonesia – Al Khaleej Sugar plans to invest US$2 billion in sugar factory complex [Full subscriber]
Dubai-based Al Khaleej Sugar Co. (AKS) plans to invest US$2 billion (IDR26.66 trillion) to build a new sugar factory along with a cogen unit and an ethanol plant, according to local press 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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