News

International sugar trader Czarnikow cut its estimate for global sugar consumption this year by nearly 2 million tonnes, saying the coronavirus pandemic will reduce overall sugar use in countries that imposed lockdowns. It is reported by Reuters. In a note to clients, the global trader headquartered in Britain said it is reducing by 5% the expected sugar consumption in countries such as China, Germany, France, Ita...

In a few weeks, ASTARTA will start spring sowing campaign. Winter wheat fertilizing is being completed and soil is prepared for the sowing of spring crops. In 2020 the crop rotation remains unchanged: sugar beet (35 kha), corn (65kha), soybean (28kha) and sunflower (41kha). It is reported by press-center of the company. ASTARTA started the first phase of a five-year investment program aimed at upgrading agrimachinery and implementing innovative IT-solutions for agribu...

French group Tereos, the world’s third-largest sugar maker, has asked regular suppliers for a 7% price reduction to help it through difficult conditions created by tumbling sugar prices. It is reported by Reuters. Like many of its European peers, Tereos has felt pressure from sliding global prices coinciding with a surge in supplies, partly due to the scrapping of European Union pr...

«Shepetivka Sugar» LLC will determine the quality of "sweet" roots with the help of the first in Ukraine robotic beet laboratory.  It is reported by the company on its Facebook-page. Shepetivka Sugar Refinery will meet next season not only with the European technology of sugar beet dry transportation, but also innovative...

S&P Global Platts Analytics forecasts total 2019-20 EU sugar production will be down 428,000 mt on the year at 17.502 million mt as a result of dry conditions early in the season and heavy rainfall late in the season, meaning beet yields did not offset a reduced planted area in the main producing countries of France and Germany. It is reported by press-service of S&P Global Platts However, in the UK, AB Sugar said the campaign was "entering its final stages and is progressing well". British Sugar owne...

«A'SPIK GROUP» continues its systematic work on the implementation of modern innovative technologies at the corporation's refineries. It is reported by the company on its Facebook-page. This year the deep reconstruction will be held at «Shepetivka Sugar» LLC. An enterprise with a 170-year history will abandon the clas...

Albacon Ventures Limited acquired 78,646 shares of «Astarta-Kyiv». It is reported by press center of the company. ASTARTA Holding N.V. (the Company) informs that on 12-th February 2020 Mr. Viktor Ivanchyk, Chief executive officer acquired through Albacon Ventures...