Sugar Industry News

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Updated : Thu, 18 Dec 2014 10:36:45 +0200
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Govt lost almost 377bn/- in revenues in sugar industry

A recent study has established that the sugar sub-sector has registered a general loss of between 183bn/- and 377bn/- over the past 10 years, from 2002 to 2012.

Sugar sector faces big test as MPs fail to debate sale of millers

Kenya: The sugar industry is hanging on a thread after Parliament failed to pass a motion meant to pave way for privatisation of five sugar companies.

Sugar industry told to diversify

KENYAN sugar producers needed to slash costs and diversify into products like ethanol to make the industry more competitive before import safeguards were removed next year, agriculture principal secretary Sicily Kariuki said yesterday. In February, Kenya was given a one-year extension to fully open up the sugar trade to the Common Market for Eastern and Southern Africa (Comesa). Kenya enforces a quota on the amount of sugar that can be imported duty free from Comesa nations to protect its farmers whose production cost of at least $570 (R6 600) a ton is more than twice as much as Egypt. Kenya wanted the industry to move away from being a traditional high-cost, single-commodity supplier to a competitive, multiproduct industry that is self-sufficient, Kariuki said. Bloomberg

St. Kitts and Nevis a leader in development strategy formulation and implementation

BASSETERRE, St. Kitts, December 15th 2014 (CUOPM) St. Kitts and Nevis' Prime Minister the Rt. Hon. Dr. Denzil L. Douglas says closure of the 350-year-old sugar industry in St. Kitts in 2005, has resulted in the Federation becoming a leader in the regional and international community in development strategy formulation and implementation.

Nigeria: Flour Mills Contends With High Financial Charges

Analysts' review Reviewing the six months results of FMN, analysts at Dunn Loren Merrifield (DLM), said the revenue of the company was impacted by slower than expected contribution from other businesses, especially its sugar business, growing competition and the security challenges in the north-eastern part of the country, which they said weighed on its packaging business.

Still no resolution of the impasse in the sugar industry

ORANGE WALK BUREAU Reporting: Negotiations have been resumed as it pertains to the current impasse between Belize Sugar Industries/ASR and the Belize Sugar Cane Farmers Association.

BSI and BSCFA at the Negotiating Table

After a long period of hostilities from afar, A.S.R./B.S.I. and the B.S.C.F.A. are back at the negotiating table. Along with representatives of the Sugar Industry Control Board, both parties met in Orange Walk today in an attempt to mend fences and start the crop. The meeting in itself was progress of sorts, but the truth is that there is not much else to report. Neither side is divulging details on the discussions until they have had a chance to go back to their individual corners and consult their principals. So with that said, will there be a sugar cane crop season 2014 2015? And will it start next week Monday as intended? Mike Rudon was in Orange Walk today to find out, and he has the story.

Sugar miller moves to boost production at its Queensland mills

Australia's third largest sugar miller has wasted no time signalling its intentions about its future in the sugar industry, with plans to boost processing at its mills in all corners of Queensland.

AgCenter: Burning to remove cane trash saves growers millions

Sugar cane is one of Louisiana's most valuable agricultural commodities, contributing about $771 million to the economy in 2013. However, the state's sugar industry would be about $120 million less profitable without the use of one age-old tool fire according to LSU AgCenter researchers.

Taxing sugar, not alcohol, will lead to a healthier way of life

IN MID-NOVEMBER the Treasury hosted a workshop aimed at engaging with stakeholders on the subject of alcohol excise. It included speakers from the World Health Organisation, academia and representatives from the liquor industry.

South Africa's Illovo Sugar H1 earnings fall 10 pct

JOHANNESBURG (Reuters) - South Africa's Illovo Sugar reported a 10 percent decline in first-half earnings on Monday due to lower sugar production and depressed global prices.

Nigeria seen on track for sugar self-sufficiency

LONDON (Reuters) - Nigeria is on track to achieve sugar self-sufficiency in about 10 years' time, which will enable Africa's most populous country to sharply reduce imports of predominantly Brazilian raw sugar.

Zimbabwe: Villagers Target Tongaat Hulett

The ZANU-PF leadership here has unanimously recommended the acquisition of 29 000 hectares of sugar cane plantations under the control of sugar producer Tongaat Hulett in the Lowveld to resettle thousands of landless people.

SRA holds 1st Visayas Muscovado Sugar convention

Negros Occidental (PIA) The Sugar Regulatory Administration (SRA) along with the Department of Trade and Industry, the Department of Science and Technology, Alter Trade Foundation and the provincial government recently held the first ever Visayas Muscovado Sugar convention at SRA Bacolod's Social Hall.

Karnataka directs sugar mills to pay cane arrears before Nov 30

The Karnataka government directed sugar mills in the state on Wednesday to announce a plan by Sunday to clear their cane payment arrears to farmers for 2013-14, amounting to Rs 1,803 crore. And, to begin crushing of cane for the current year by the same date.

What's the Latest on the Sugar Impasse? B.S.C.F.A. Gives an Update

On November fifteenth, cane farmers from eighteen branches of the B.S.C.F.A. met and issued an ultimatum to the Sugar Industry Control Board. In a nutshell, the farmers had two requests one, that they recruit an independent expert to evaluate the proposals for bagasse payment and secondly, that they push the idea of an interim agreement between B.S.I. and B.S.C.F.A. so that the start of crop would not be delayed. That meeting concluded on Tuesday night, and today, the B.S.C.F.A. spoke on the meeting. News Five's Mike Rudon has the following story, or at least the B.S.C.F.A.'s side of the story.

Cameroon seeks private investor for the 60,000 tonnes capacity Batouri sugar complex

Following a press release battle between Cameroon's Industry Minister Emmanuel Bond (photo) and heads of the Indo-Cameroonian company, Justin Sugar Mills, which was leading a design project for the Batouri sugar complex in East Cameroon, the break-up seems final between the two parties. The end of the partnership came in the form of a call for expressions of interest released on November 20, 2014 by the Minister of Industry for the selection of a private investor to create and run the agro-industrial sugar complex in the Bertoua-Batouri mid-zone in the East region of Cameroon. Interested investors have 10 weeks, counting from November 20, 2014, to submit their bids.

Sugar industry employees as well as union members had organised a peaceful march taking from Bell-Village to the capital today (26.11.14).

The employees of the sugar industry together with the union members have taken to the streets today, 26th of November, to voice out their concerns pertaining to the pay rise. They started off with a peaceful march from Bell-Village to Port-Louis, to reach the Parliament and seat of the Mauritius Sugar Producers' Association (MSPA).

Ethiopian Government Faces Exchange Rate Risks

The Ethiopian economic growth, driven by massive public investments, is in need of huge financing. Apart from local sources, the government has been reliant on bilateral and multilateral loans for central government financing, and commercial lenders chiefly for profit generating ventures.

U.S. sugar refiner woes mount as Mexico deal seen choking supply

NEW YORK, Nov 18 (Reuters) - At first blush, the powerful U.S. sugar industry seemed to clinch a big win last month when U.S. trade authorities struck a deal to restrict rising imports from Mexican rivals.

Nigeria seen on track for sugar self-sufficiency

LONDON (Reuters) - Nigeria is on track to achieve sugar self-sufficiency in about 10 years' time, which will enable Africa's most populous country to sharply reduce imports of predominantly Brazilian raw sugar.

Mauritius sugar industry workers strike over pay dispute

PORT LOUIS (Reuters) - Around 4,000 workers in the Mauritius sugar industry went on indefinite strike on Wednesday over a pay dispute with sugar producers, potentially hitting output of the island's key crop.

Angola inmates make sugar cane syrup the old-fashioned way

Tuesday was syrup-making day at the Louisiana State Penitentiary. Last year, Angola got back into the cane syrup business after a decades-old hiatus. Prisoners cook the sticky-sweet food using ancient techniques and sell the product at the prison gift shop.

20 sugar mills start crushing operations in UP

Twenty sugar mills in Uttar Pradesh have started crushing operations with the state government confident that other units will begin operations by the month-end.

Sugar Board of Tanzania in the country

A delegation of the Sugar Board of Tanzania is in the country on a learning tour about data management. The sugar board of Tanzania falls under the ministry of agriculture and is responsible for regulating the sugar industry in Tanzania in terms of exportation and importation.

Aus sugar industry takes on the US

SUGAR markets that stand on their own merit, like Australia's, will be disadvantaged by the United States Department of Commerce's proposal to subsidise Mexican sugar, according to the Australian Sugar Industry Alliance (ASA).

Sugar industry stronger as new mini firms emerge

Nigeria's sugar industry has received a big boost as new firms in the category of small and medium scale enterprises (SME) have emerged.

Muscovado sugar industry growing by 22 % annually

The first ever Visayas muscovado sugar convention was held at the Social Hall of the Sugar Regulatory Administration in Bacolod City, recently.

Sugar Board of Tanzania in the country

A delegation of the Sugar Board of Tanzania is in the country on a learning tour about data management. The sugar board of Tanzania falls under the ministry of agriculture and is responsible for regulating the sugar industry in Tanzania in terms of exportation and importation.

Cane Farmers And SICB Agree To Meet Next Week

On Saturday, the Belize Sugar Cane Farmers Association gave the Government appointed industry regulator, known as the S-I-C-B, or the Sugar Industry Control Board until today to bring all sides of the sugar dispute to the negotiating table so that they can hammer out a resolution.

SRA holds 1st Visayas Muscovado Sugar Convention

NEGROS OCCIDENTAL, Nov. 24 (PIA6) - - The Sugar Regulatory Administration and other agencies the Department of Trade and Industry, the Department of Science and Technology, Province of Negros Occidental and the Alter Trade Foundation Incorporated held the first ever Visayas Muscovado Sugar convention at the Social Hall of SRA Bacolod.

Sugar industry stronger as new mini firms emerge

Nigeria's sugar industry has received a big boost as new firms in the category of small and medium scale enterprises (SME) have emerged.

Indonesian sugar sector 'at critical point' due to scarce raw imports

Indonesia's government must issue 2015 raw sugar import permits this month or face further closures of refineries and shutdowns at food and drinks businesses, an industry group in the world's top importer said, warning the situation was at crisis point.

Cane Farmers And SICB Agree To Meet Next Week

On Saturday, the Belize Sugar Cane Farmers Association gave the Government appointed industry regulator, known as the S-I-C-B, or the Sugar Industry Control Board until today to bring all sides of the sugar dispute to the negotiating table so that they can hammer out a resolution.

Frome Estate gets over US$100 million upgrades

With a massive injection of over US$100 million to beef up its operations at the Frome Sugar Estate, Westmoreland, Pan Caribbean Sugar Company (PCSC), the Chinese-owned entity, is expecting to see much greater efficiency when the 2014-2015 crop year starts on December 29.

Sugar Funding For Fertiliser, Development, New Crop And Cultivators

Government has once again shown commitment to have a sustainable and modernised sugar industry.

Industry Minister calls for urgent resolution to refined sugar importation dispute

Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, is calling for urgent resolution to the dispute resulting from the recent announcement that the Sugar Industry Authority (SIA) is to be the sole importer of refined sugar in Jamaica.

Opening up of regional sugar market could hit Kenyan farmers, millers

Kenya faces an increased risk of illegal sugar imports following an agreement with Uganda and Rwanda to open up the already vulnerable market ahead of the expiry of special regional safeguards on the entry of the commodity.

Aus sugar industry takes on the US

SUGAR markets that stand on their own merit, like Australia's, will be disadvantaged by the United States Department of Commerce's proposal to subsidise Mexican sugar, according to the Australian Sugar Industry Alliance (ASA).

Kenya: Cops Net Sugar Haul

MORE than 4.9 tonnes of sugar allegedly smuggled from Uganda was impounded on Thursday by police in Mumias.

Kenya: Musirimba, Governor Ojaamong Want Sugar Factory Built

Outspoken Bunyala North MCA Fred Bosco Musirimba on Wednesday lauded Busia Governor Sospeter Ojaamong for standing with the farmers over the sugar factory, whose construction has been put on hold by a resident.

Sugar industry doing remarkably well

Minister for Finance Aiyaz Sayed-Khaiyum says the sugar industry has done remarkably well this year with cane production increasing by almost 12 percent.

Employees of Mauritius Sugar Industry Gathered For A Strike

The union member of the Joint Negotiating Panel (JNP), Ashok Subron, has indicated that the employees of the sugar industry are going on a long and massive strike. Today morning, 19th of November, hundreds of them had gathered together to execute their plan of action that has come as a consequence of the meeting with the authorities: the Mauritius Sugar Producers Association (MSPA) has refused to grant their request of the 30 % increase in their salaries.

Mauritius sugar industry workers strike over pay dispute

PORT LOUIS (Reuters) - Around 4,000 workers in the Mauritius sugar industry went on indefinite strike on Wednesday over a pay dispute with sugar producers, potentially hitting output of the island's key crop.

Sugar mills apply for licences to generate power

KARACHI: Attracted to the government's incentives to the generation from alternative energy sources, three more sugar mills have applied for the licences to set up cumulative 90-megwatt bagasse-based power plants, a spokesman at the National Electric Power Regulatory Authority (Nepra) said on Thursday

Zimbabwe to Impose Duty on Sugar Imports

Masvingo ZIMBABWE will from January next year impose duty on all imported sugar to protect the local sugar industry negatively affected by a slump in sales.

U.S. sugar refiner woes mount as Mexico deal seen choking supply

NEW YORK, Nov 18 (Reuters) - At first blush, the powerful U.S. sugar industry seemed to clinch a big win last month when U.S. trade authorities struck a deal to restrict rising imports from Mexican rivals.

Did Berkeley Just Start An Anti-Sugar Revolution?

Seventy-five percent of Berkeley, California voters November 4 said Yes to a one-cent-per-ounce tax on sugary beverages.

Man eats sugar-heavy diet for 60 days, receives shocking diagnosis

Following in the footsteps of Morgan Spurlock, who ate only McDonald's food for one month in the film Super Size Me, an Australian man has undergone a sugar-heavy diet for 60 days to explore the ingredient's impact on his health.

Kenya: Cane Farmers Want Pricing Committee

Sugar cane farmers have urged Agriculture Cabinet Secretary Felix Koskei to help establish the cane pricing committee as stipulated in the law.

SIA to be Jamaica's sole importer of refined sugar

THE Sugar Industry Authority (SIA) is to be reinstated as Jamaica's sole importer of refined sugar, starting at the beginning of the new crop year in December. This was announced yesterday by Agriculture, Labour and Social Security Minister Derrick Kellier when he addressed cane farmers at the All-Island Jamaica Cane Farmers' Association 74th Annual General Meeting at the Jamaica Pegasus Hotel in Kingston.

Sugar offtake seen near 30 mt in 5 years: Assocham

Growing at a compounded annual growth rate (CAGR) of about two per cent, consumption of sugar in the country is likely to reach 29.35 million tonnes (mt) by 2019-20 from 26 mt currently, says a study by the Associated Chambers of Commerce and Industry of India (Assocham).

Cuban Sugar Harvest Gets Underway in Late November

The 2014-2015 Sugar harvest in Cuba will get underway in late November with the operation by 44 sugar plants as announced by Dionis Perez, executive with the islands Sugar Industry.

13 farm technicians graduate

The Sugar Industry Foundation Inc., University of St. La Salle - Bacolod and the Sugar Regulatory Administration, recently held the graduation of 13 new Sugarcane Farm Technicians belonging to the 3 rd Batch of the Sugarcane Farm Technician Course, a press release from SIFI said.

EU sugar sector faces 'painful restructuring', ABF

Europe's sugar industry faces a "painful" process of "restructuring" thanks to the abolition of production quotas, and continuing price falls, Associated British Foods said, flagging the setback to its own operations.

Kyrgyzstan's sugar domestic market almost entirely depends on imports

Bishkek (AKIpress) - Kyrgyzstan's sugar domestic market almost entirely depends on imports, reports Tazabek with reference to the Economy Ministry's comparative analysis of growth of basic food prices for 10 months of 2014...

Nigeria's Dangote Sugar 9-month profit falls 9.3 pct

LAGOS (Reuters) - Nigeria's Dangote Sugar said on Tuesday its nine month pretax profit fell to 13.97 billion naira ($84.2 million), down 9.3 percent from a year ago.

Sugar beet harvest finishes strong after early freezes

Glen Reed finished piling his 330-acre sugar beet crop more than a month early, thanks to the warm dry conditions of the 2014 harvest season on his farm5 miles northeast of Cody.

A fraction of sugar mills start production amid pricing dispute

NEW DELHI (Reuters) - A fraction of India's sugar mills has produced 75,000 tonnes this season beginning October, with operations yet to start in the biggest cane producing state due to pricing disputes, trade and industry sources said.

Nicaragua's First Billionaire Is Country's Sugar King

When the guerrilla army of the Sandinista National Liberation Front, led by Daniel Ortega, took over Nicaragua in 1979, one of its first acts was to seize the assets of the country's business oligarchs. One target was the Pellas family, prominent since Francisco Alfredo Pellas, who arrived in Nicaragua from Italy in 1875, got rich by producing sugar and operating steamships on Lake Nicaragua. The FSLN seized the family's real estate and its bank, Banco America, and later took over its sugar mill, the biggest business in the country, Bloomberg Markets magazine will report in its December issue.

Kenya: Cane Farmers Ask for Higher Prices

Farmers have given factories a two weeks to increase their payment or they stop supplying cane.

Zambia: Sugar Profits Up

ZAMBIA Sugar Plc has recorded a five per cent increase in revenue in the last six months ended September this year.

Tanzania: Bulk Sugar Procurement Starts Soon

A PROPOSED bulk procurement of sugar which was supposed to start last September will now commence next month (December), Sugar Board of Tanzania Director General, Henry Semwanza has said.

Kenya: Sugar Miller Pays Farmers Sh1.2 Billion

Trans Mara Sugar Company has paid sugarcane farmers Sh1.2 billion since January, the management has said.

Zimbabwe: Hippo Valley U.S Ethanol Production

TONGAAT Hullet's Zimbabwean unit Hippo Valley (Hippo) plans to invest towards growing sugar cane production by 10% annually over the next few years as part of efforts meant to increase ethanol production from current levels of 21 million litres per year.

Sugar Beet harvest wraps up Print Email

Western Sugar Cooperative expects to harvest its last Montana beets next week, while Sidney Sugars finishes this weekend. Together the two operations contribute about $150 million to the Montana economy annually, with most of the money circulating through Billings and Sidney. Read more: http://billingsgazette.com/news/local/sugar-beet-harvest-wraps-up/article_5a4b28ab-5317-5469-9f44-1505b6205a8b.html#ixzz3HKHgkw6H

Buriram Sugar plans listing

Sugar miller Buriram Sugar Plc plans to list on the Stock Exchange of Thailand next month to mobilise funds for expansion.

Rescuing the sugar industry

NEWS that the local sugar industry is receive an injection of funds should be good news to those industry players who continue to experience difficulties with the cultivation of the sweetener.

Sugar industry rejects allegations of tax evasion

LAHORE: Sugar millers on Friday rejected an allegation they were involved in tax evasion, saying local sale is exempted from federal excise duty.

Nigeria: FG Puts Private Sector Investments in Sugar Industry at N500 Billion

NIGERIA has attracted and commenced the implementation of over N500bn private sector investments in the sugar sector under the Nigeria Sugar Master Plan.

Investments in sugar sector hit N500bn FG

Nigeria has commenced the implementation of over N500bn private sector investments in the sugar sector under the Nigeria Sugar Master Plan.

The amount of hidden sugar in processed food is slowly killing us.

This is according to Fed Up, an American documentary film that will premier in South Africa next Friday.

Heaven stepping aside as SIA boss

Western Bureau: After serving as chairman of the Sugar Industry Authority (SIA) for 11 years, Ambassador Derrick Heaven is set to demit office on December 31, paving the way for a raft of leadership changes aimed at revolutionising the sector.

China's sweet tooth satisfied by increasing sugar imports

Up until 2013, the compound annual growth rate (CAGR) of global raw sugar output stood at 5.4%, representing a shift from short supply to over supply in many regions. However, the continuing decline in the output of raw sugar production worldwide, which is set to reach 175.5Mn tonnes by the end of 2014, will continue to fall well into the next calendar year.

Sugar Is Evil and Other Silly Claims in the Obesity Wars

Don't go blaming willpower for the obesity epidemicthat'd be a crime according to the documentary Fed Up, by the producer of An Inconvenient Truth Laurie David and hosted by Katie Couric.

Cuts to coal mining fire up sugar industry

A new report from the Australia Institute indicates the downturn in Queensland's coal sector will provide relief for industries that were hit hard during the mining boom.