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EU sugar production will decrease by almost 500 thousand tonnes — S&P Global Platts

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...


«Shepetivka Sugar» introduces sugar beet dry transportation technology

«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 increased its share in «Astarta»

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...


«Starokostiantynivcukor» LLC works on improving energy efficiency

Despite the end of the production season, «Starokostiantynivcukor» LLC began the planned modernization of production facilities in order to increase the efficiency of the enterprise.  It is reported by the company on its Facebook-page. In particular, during the off-season 2020, «Starokostiantynivcukor» will emphasize the improvement of energy efficiency by updating t...


«Astarta» financial director acquired the company shares

On February 12, 2020, the financial director of «Astarta-Kyiv» Viktor Gladkyi bought a stock of shares of the holding. It is reported by the company on the Warsaw Stock Exchange. Thus, the financial director bought 2 250 shares at a price of 17 PLN (about $4,36). The transaction amounted to PLN 38,25 thou...

 
EU expects continued reduction of sugar beet acreage

The European Union will likely see a further decrease in planted sugar beet this year following the closure of some factories, participants at the annual Dubai sugar conference said on Wednesday. It is reported by Reuters. Sugar production in the trading bloc has fallen for two successive seasons after an initial surge after the EU abolished production quotas in 2017. Prices collapsed as...

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