Six EU Member States allow neonicotinoids. Governments in Croatia, Poland, the Czech Republic, Hungary, Romania, and Slovakia allowed the use of neonicotinoids for growing beet in 2019. Similar waivers are contemplated in two...
Nordzucker to recapitilize Mackay Sugar. Mackay Sugar (MSL) received a non-binding indicative proposal from Nordzucker AG to subscribe for up to 70% of MSL share capital. The deal remains subject to a number of conditions.
Verbio buys 2nd gen. ethanol plant. Verbio North America Corp. is to purchase a cellulose ethanol plant located in Nevada (Iowa). It intends to install facilities to produce biogas made from corn stover.
ABF 2017/18: Depressed Sugar segment. In 2017/18, revenues of ABF Sugar were GBP1.730bn (€1.987bn), or 15% less than in FY2016/17. Adjusted operating profit was halved to GBP123mn (€141mn).
Omo Kuraz III sugar factory opened. Ethiopia’s PM Abiy Ahmed has inaugurated the Omo Kuraz III sugar factory. The facility has a capacity of 1000 t/d of sugar.
Biosev sells Giasa mill. Biosev, a Luis Dreyfus subsidiary, has sold its Giasa mill to M&N Participações S/A for BRL70mn (€16.6mn).
Tereos to build refinery in Réunion. Réunion’s growers fear industrial plans of Tereos and Albioma to build a sugar refinery and a bagasse power plant.