23% increase in German sugar production. The WVZ is expecting a beet delivery of 31.5 mn t for a sugar production of 4.98 mn t, which should signify an increase of around 23% compared to the 2016/17 harvest
American Crystal Sugar increases net revenue. The company has reported USD1.29bn (€1.08bn) in net revenue for fiscal year 2015/16, a 5.7% or USD70mn (€58mn) increase over FY2014/15
Brazil to tax ethanol imports. The country’s foreign trade chamber (Camex) has approved a 20% tax on imports of ethanol for the first time
Azucarera opens liquid sugar plant. The British Sugar subsidiary invested €2.5mn in a new liquid sugar plant for 10,000 t at its Toro factory (Zamora).
World sugar market: Upside potential looks limited. The front-month raw sugar price in New York (NY) in September (1–14) fluctuated around 14 cents/lb. without showing any clear direction. White sugar prices in London ranged...
ADM increases ownership of Wilmar. Archer Daniels Midland Co. (ADM) has increased its share in Wilmar International, to 24.9% from 24.3%.
Rogers Sugar buys into maple syrup. Canadian Rogers Sugar acquired 100% of L.B. Maple Treat Corporation for CAD160.3mn (€108.4mn) from Champlain Financial Corporation Inc.