News

Over the past three years, more than 1,1 billion euros were invested in Ukrainian alternative energy projects. It is reported by the State Agency on Energy Efficiency and Energy Saving of Ukraine. «The positive dynamics of the installation of new renewable energy capacities shows the work of the...

The European Commission has cut its forecast for sugar production in the European Union in 2018/19 to 20,1 million tonnes from a previous projection of 20,4 million tonnes. It is reported by Reuters. «Planting for the 2018/19 sugar marketing year was delayed in many countries due to wet and cold weather in March, — the Commission said in its summer 20...

Salyvonkivskyi Sugar Refinery (Kyiv region) has began the construction of granulated pulp storage complex. It was reported by «Demetra» company, which serves as supplier of equipment for storage and drying of grain. In particular, three Sukup 9010 capacities of 7,96 thousand cubic meter...

«Poltavazernoprodukt» IIC LLC, «Astarta»'s production unit, expands the sown areas under irrigation. The project continues in two «Poltavazernoprodukt» production units  — «Grynky» and «Bugaivka» agrofirms, the company reports. Today th...

Russia first sugar beet test since the beginning of the year shows weight losses. It is reported by Reuters. Russia's sugar beet test, the first since the start of the year, showed an average root weight at 81 grammes compared with 92 grammes in July last year, the Russian S...

Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to ageing cane fields and drier weather and sees a more positive outlook for sugar prices.  It is reported by Reuters. Copersucar expects total sugar production in the center-south in 2018/19 to be 28 million tonnes versus 36 million tonnes in the previous crop, company Chief Execut...

The European Bank for Reconstruction and Development (EBRD) is considering a new USELF-III program for 250 million euros to support the development of renewable energy in Ukraine. It is stated in the program description on the bank's website. Since 2009 EBRD has supported the development of renewable energy in Ukraine under the USELF Alternative Energy Financing Pro...

The European Bank for Reconstruction and Development (EBRD) could provide a senior secured long-term loan of up to $20 million to finance working capital of «Astarta» agricultural holding. According to a report on the bank’s website, the decision could be made on June 18. The project will support the company in development and implementation of cooperation with local universiti...

Biosev SA, the Brazilian sugar and ethanol company controlled by commodities trader Louis Dreyfus, posted a net loss of 1,27 billion reais ($341,73 million) in the 2017-18 cane crop season. It is reported by Reuters. The net loss widened sharply from a loss of 600 million reais in the previous crop. This is the first earnings report Biosev has released since closing two deals that boo...

Iranian state purchasing agency the Government Trading Corporation of Iran (GTC) has issued another international tender to buy 60,000 tonnes of raw cane sugar, European traders said on Wednesday. It is reported by Reuters. The tender closes on July 24 and offers are to be made in euros. Origin is optional and shipment is sought in September. The GTC previously issued another tender for 6...