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Imported sugar crushes hopes of cane growers

2015-05-04 09:03:50| Sugar Industry News

Sugarcane farmers in the region are in dire straits due to glut in sugar production. The government\'s decision early this week to hike the import duty on sugar from 25 per cent to 40 per cent was described as too little too late by the farmers here. Kurubur Shanthakumar, president of the Sugarcane Cultivators\' Association, told The Hindu that the decision to hike import duty on sugar should have been introduced earlier to prevent the glut in the market and prevent the slide in prices.

Tags: sugar hopes imported cane

 

Real Estate Industry Emerges From Frigid Winter With High Hopes

2015-05-01 23:40:10| Real Estate - Topix.net

Overall home sales in Shelby County were essentially flat in the first quarter while homebuilding activity increased, despite arctic temperatures in February and March that could have put the residential real estate sector in the deep freeze. That caused real estate professionals to feel optimistic about the rest of the year, especially as the peak home selling season begins in earnest.

Tags: real high estate industry

 
 

Valero hopes pipeline project will reduce crude oil by rail

2015-04-29 02:56:07| Oil & Gas - Topix.net

Walter Kresic, Enbridge's VP, Pipeline Integrity and Tom Machnik, NDT Systems & Services Inc. look over some custom-designed inline inspection tools. San Antonio-based Valero Energy Corp. is hoping that a new pipeline project in Canada will dramatically reduce the need to ship crude oil by rail to its refinery in Quebec.

Tags: project reduce oil hopes

 

China's stocks surge on state firm merger hopes

2015-04-28 04:54:49| Oil & Gas - Topix.net

China stocks jumped to fresh seven-year highs on Monday, led by heavyweights such as China Petroleum & Chemical Corp and PetroChina Co Ltd on expectations that Beijing will accelerate mergers among state-owned enterprises . China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing looks to overhaul the vast underperforming state sector, state media reported on Monday.

Tags: state firm stocks hopes

 

Report: Toyota hopes for 30% hybrid take-rate by 2020 for its sales in China

2015-04-22 13:55:34| Green Car Congress

Tags: in its report sales

 

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