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Nanning Sugar turned profitable in 2013, sees profit margin squeezed by falling sugar prices

2014-03-14 14:51:57| Sugar Industry News

Says 2013 net profit at 49.4 million yuan ($8.04 million)versus net loss of 310.3 million yuan previous year

Tags: prices turned profit sugar

 

D-day for sugar talks

2014-03-14 14:51:57| Sugar Industry News

TODAY is expected to be decision day for the stakeholders in the sugar industry who are still locked in a dispute over pay and fringe benefits which is holding up agreement on a new contract.

Tags: sugar talks dday

 
 

Beleaguered Skeldon sugar factory should switch to ethanol, aquaculture Vieira

2014-03-13 07:50:21| Sugar Industry News

The Guyana Sugar Cor-poration needs to cut its losses and diversify the industry by getting into ethanol production, according to industry expert and member of APNU, Tony Vieira. Vieira, a former PNCR-1G MP, yesterday proposed that GuySuCo seriously consider ethanol production at the Skeldon factory citing the low quality canes, amateurish mechanization and poor field conversion among other issues surrounding dismal sugar production over the last few years. He said that instead, GuySuCo could begin ethanol production with the ultimate goal of getting into aquaculture farming.

Tags: switch factory sugar ethanol

 

State officials blamed for ailing sugar sector

2014-03-11 15:54:37| Sugar Industry News

Migori, Kenya: Five Nyanza leaders now claim there is a deliberate move by the Government to kill the ailing sugar industry in the region

Tags: state sector officials sugar

 

Problematic surplus sugar

2014-03-11 15:54:37| Sugar Industry News

Sugar is one of the essential items whose export needs to be regulated to keep the prices of the commodity stable for the domestic consumers. It is in this context that the sugar millowners\' demand for more exports was rejected by the Economic Coordination Committee (ECC) of the cabinet last month.

Tags: sugar surplus problematic surplus sugar

 

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