The sugar refiner Sucro Can Sourcing LLC is planning to build Canada’s largest sugar refinery in southern Ontario, with an expected annual refining capacity of 1 million tonnes, for an estimated cost of CA$100 million (US$74 million), according to the company’s press release.
Canada – Lantic Sugar expanding refining capacity by 15% [Full subscriber]
Lantic Sugar announced on 11th August that it is planning to expand by 15% – 100,000 tonnes – at its Montreal plant, according to local press reports.
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.
East Africa – Sugar refining opportunity abounds as demand for white sugar escalates [Registered]
Due to lack of sugar refining capacity in East Africa, food processors in the region are having to rely on imports of white sugar from outside the region and thereby, continue to lose millions of dollars to overseas markets, reported Uganda’s paper Independent.
Japan – Mitsui Sugar invests US$7.49 million to produce halal-compliant sugar [Registered]
Japan’s largest sugar processor Mitsui Sugar will soon start refining sugar that complies with Islamic dietary law, according to the Nikkei Asian Review.
Yemen – Sugar refining unaffected by political disturbance [Registered]
The privately-owned company imports all its raw sugar from Brazil and has the capacity to refine 2,000 tonnes a day, some 600,000 tonnes a year, general manager Mohamed Alshamery, said on the sidelines of the Kingsman Platts Dubai Sugar Conference.
Saudi Arabia – New U$400 million sugar refinery planned for completion by end 2017 [Registered]
At full capacity, Al Reef is expected to refine 3,000 tonnes of sugar a day, and plans to export two thirds of its production elsewhere in the Middle East.
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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