Agrana says it is working on a final agreement to acquire majority ownership in the Serbian company Sunoko, the largest processor of sugarbeet in Serbia.
In Denmark, Nordic Sugar has posted contract conditions for farmers growing beet in 2017 without signing an interprofessional agreement with the Danish beet growers organization.
Belgian sugar manufacturer Raffinerie Tirlemontoise (RT) has handed contract terms to beet growers without reaching an interprofessional agreement for beet growing in 2017.
France-based Cristal Union's marketing subsidiary CristalCo acquired the outstanding shares of sugar marketer Eridania Italia from its partner-owner, the Maccaferi Group, owner of Eridania Sadam.
Tereos has announced a 2.3% or a €99mn decline in turnover to €4.2bn for financial year 2015/16. Following a net group profit of €17mn for the year before, Tereos reported a net group loss of €34mn.
CoProB, Italy's largest sugar producer, has reported 2015 revenues of €227.6mn, 8.3% lower than the €243.5mn reported at the end of 2014. Consolidated profit for the year (ended December 31, 2015) was €1.2mn (2014: €2.26mn).
A proposal requiring food manufacturers to label food containing genetically modified ingredients is ready to become US law. Supported by the sugar industry and passing through the US Congress in record time, the bill defines...