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The international journal for the sugar, sweetener and ethanol industry – beet, cane and starch.

Headlines

07.2018

FRANCE

Cristal Union expands production after sugar market liberalization

Cristal Union satisfied with results. The French cooperative recorded a turnover of €2bn in 2017/18 (31.01.18). Gross operating income amounted to €164mn and net income Group share amounted to €49m after payment of earnouts to...[more]

Category: Sugar Economy & Business

07.2018

SOUTH AFRICA

Tongaat Hulett suffers from sugar imports into South Africa

Tongaat Hulett suffers from imports into South Africa. Revenues of the South African company were down 5.2% y-o-y to ZAR16.982bn or €1.16bn (2017: ZAR17,915bn). Operating profit declined, from ZAR2.33bn (€159mn) in FY2016/17 to...[more]

Category: Sugar Economy & Business

07.2018

FRANCE

Tereos. Group results benefited from its international operational

Tereos profits from international operations. The French sugar cooperative has reported revenues of €4.98bn in 2017/18, up 3.5%. The group’s adjusted EBITDA stood at €594mn in 2017/18, close to that of the previous year (€607mn).[more]

Category: Sugar Economy & Business

07.2018

INDIA

Petiva to produce d-psicose and trehalulose in Wallonia

Indian startup to produce “rare sugars”. Petiva plans to invest some €150mn into a plant in Wallonia to produce Honeytose (d-psicose) and Nectarose (trehalulose).[more]

Category: Sugar Economy & Business

07.2018

EUROPE

RED II agreed - New targets for renewables in the EU

On June 14, 2018, negotiators from the Parliament, the Council, and the European Commission hammered out a final compromise for the Renewable Energy D[more]

Category: Biofuels

07.2018

GREECE

HSI loses 5th CEO in 3 years, Innovation Brain may take over

Innovation Brain may take over HSI. After HSI lost its 5th CEO in 3 years a number of Greek media outlets reported the CEO of Innovation Brain, Lukas Fecker, as announcing a deal for the acquisition of HSI’s four sugar factories...[more]

Category: Sugar Economy & Business

07.2018

EUROPE

EU beet area in 2018 almost unchanged, Commission says

Little changes in EU beet area in 2018. The EU Commission estimated a beet area of 1.61 mn ha, practically the same as last year’s 1.62 mn ha.[more]

Category: Sugar Economy & Business

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