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Tag: sugar
Nigeria: Taraba, Dangote to Establish Sugar Factory in Lau
2013-05-06 07:49:27| Sugar Industry News
The Taraba government in partnership with the Dangote Group of Companies will soon establish a sugar processing company in Lau Local Government Area of the state.
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factory
sugar
nigeria
Sugar Mills in Thailand Battle Strengthening Baht as Prices Drop
2013-05-06 07:49:27| Sugar Industry News
Sugar revenue for millers in Thailand, the world\'s second-biggest exporter, is falling faster than shipments as the strengthening baht erodes incomes and prices for the commodity extend declines.
Tags: prices
drop
battle
thailand
Egypt to have new $372m sugar plant
2013-05-06 07:49:27| Sugar Industry News
The Islamic Corporation for Development of the Private Sector (ICD) has announced plans to invest $372m into building a mega sugar production facility in Egypt, Arab News has reported. Other shareholders of Al-Nouran Sugar include the Arab Fund for Economic and Social Development, the Egyptian Sugar & Integrated Industries Co, and Al-Nouran Multitrading, a private sector sugar trading house in Egypt. The project involves the construction of a new sugar production facility in Al-Sharkia governorate and the acquisition of an affiliated beet agricultural company. Production will reduce Egypt\'s reliance on imported sugar by 25% from the current one million tonnes annually, while exports of by-products will generate savings to the balance of payments of up to about $250m annually. The project is expected to be completed by Q4 2015.
Old sugar factory comes crumbling down
2013-05-06 07:49:27| Sugar Industry News
EATON - The population of Eaton swelled up to nearly twice its size on Sunday when communities from all over northern Colorado came to say goodbye to a century\'s old building.
Tags: down
factory
sugar
crumbling
Sweet time at sugar plant
2013-05-06 07:49:27| Sugar Industry News
Williamsburg was a hot spot Tuesday night when guests gathered at the former Domino Sugar Factory on Kent Street for the annual Creative Time gala honoring Julian Schnabel, who took his pregnant fiance, May Andersen. The old plant is now owned by Creative Time co-chair Jed Walentas, who plans to turn the cavernous space into offices, as part of an 11-acre development including apartments. Here\'s hoping Antonio Reynoso can afford one. He\'s running for the City Council seat in Williamsburg to replace Diana Reyna, who\'s leaving due to term limits and for whom Reynoso is chief of staff. Reynoso told us at the gala he just moved in with his sister after living with his mother for years, because he can\'t afford his own place in the neighborhood. He also revealed, I recently sold my car, so I ride a bike around. Reynoso mingled with art dealers, architects, developers and celebrities, including Andre Balazs, Marisa Tomei, Arden Wohl, Stella Schnabel and Luke Janklow.
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