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Suedzucker, other German sugar refiners fined over cartel

2014-02-19 08:05:15| Sugar Industry News

FRANKFURT/HAMBURG, Feb 18 (Reuters) - Europe's largest sugar producer, Germany's Suedzucker, said on Tuesday it has been fined 195.5 million euros ($268 million) by Germany's cartel office for past collusion with other sugar producers, which will weigh on full-year earnings.

Tags: german sugar cartel fined

 

Sugar Crop Tumbling to Four-Year Low in India May Cut Glut

2014-02-19 08:05:15| Sugar Industry News

Sugar output in India, the largest producer after Brazil, may tumble to the lowest in four years after excessive rains in the biggest growing region cut yields and some farmers diverted the crop to make a local sweetener. Shares of producers climbed in Mumbai.

Tags: low india cut sugar

 
 

Kenya: 11,000 Tonnes of Sugar in Mumias Godowns

2014-02-19 08:05:15| Sugar Industry News

THE Mumias Sugar Company has more than 11, 000 tonnes of white sugar in its stores, managing director Peter Kebati has said.

Tags: sugar kenya tonnes godowns

 

Sugar industry set to follow cocoa's lead on sustainability, says Fairtrade

2014-02-18 14:00:43| Food - Topix.net

Leading chocolate companies such as Mars, Hershey and Ferrero have already committed to 100% sustainable cocoa by 2020, but no major confectioner has made a similar sweeping pledge on sugar.

Tags: set industry follow lead

 

No more royal Sugar Daddies for Morocco's sweet cane industry

2014-02-18 08:32:13| Sugar Industry News

The investment arm of Morocco's royal family, SNI, sold a 24.5 per cent stake in Cosumar, its sole sugar supplier, to a group of local institutional investors, traders said, as it moves to divest some of its extensive holdings.

Tags: industry sweet royal sugar

 

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