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Dangote Sugar Assures Shareholders of Better Returns

2013-12-12 06:48:23| Sugar Industry News

The new Managing Director of Dangote Sugar Refinery (DSR) Plc , Mr. Graham Clark yesterday said he would bring his experience in sugar business to bear and deliver returns that will meet stakeholders' expectations. Clark, who has experience of 30 years in the African sugar industry, was the MD of Illovo Sugar Limited , Africa's biggest sugar producer, with operations in six African Countries, before joining DSR recently.

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Cabinet nod for sugar industry bailout package likely before Christmas

2013-12-12 06:48:23| Sugar Industry News

The Food Ministry is making efforts to seek before Christmas the Union Cabinet\'s nod for the bailout package for the sugar industry that includes a Rs. 7200-crore interest-free loan.

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Cyclone unlikely to affect Indian sugar cane

2013-12-12 06:48:23| Sugar Industry News

Continued dry weather across most of India this week should favour cane dry-down and early harvesting, but rains increase in Tamil Nadu from Tropical Cyclone Madi.

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Nigeria targets rapid expansion in sugar production

2013-12-12 06:48:23| Sugar Industry News

LONDON (Reuters) - Nigeria plans a huge jump in domestic sugar production over the next six years to cut dependence on imports and satisfy growing demand from a population with rising incomes but still faces major challenges such as poor infrastructure.

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Brazil's Copersucar to reopen raw sugar warehouse in January

2013-12-12 06:48:23| Sugar Industry News

SAO PAULO, Dec 4 (Reuters) - Brazil's Copersucar expects araw sugar warehouse at its fire-damaged terminal in Santos toresume shipping in January and additional export capacity to beavailable around May, the company said in a newspaper interviewpublished on Wednesday.

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