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Tag: sugar
Students blast Gov\'t for sugar failure
2013-03-25 07:16:11| Sugar Industry News
Sixth-form students at the Mannings School in Westmoreland blasted successive governments for their failure to properly manage the local sugar industry, which is now facing an uncertain future. However, they were divided over whether or not its viability can be restored.
Tags: students
failure
sugar
blast
Very dismal performance at all sugar estates in 2012 but especially at Skeldon flagship
2013-03-25 07:16:11| Sugar Industry News
All estates are showing signs of poor labour turnout. In the year 2012 the industry showed the factories standing idle, out of cane and not grinding, during the first and second crops a total of 10,527 hours. The actual time the factories worked during the year was 21,623 hours. This means that due to an acute shortage of labour to cut the cane the factories were standing idle 50% of the time during the crops waiting for the cane to be delivered, needless to say that during a substantial part of this time the factory\'s workers had to be paid for standing by doing nothing.
Tags: performance
sugar
estates
flagship
Competition Authority clears three-to-two concentration in sugar market
2013-03-22 08:16:24| Sugar Industry News
In February 2013 the Competition Authority cleared the takeover of Hellenic Sugar Industry SA by Sunoko doo, subject to structural and behavioural measures. Hellenic Sugar is the only producer of sugar in Greece which also owns two sugar production plants in Serbia. Sunoko, on the other hand, is a producer of sugar in Serbia, part of MK Group, a vertically integrated producer of agricultural products and also has various other activities related to agricultural production. The authority prohibited the takeover at first, but clearance was issued on a second attempt.
Tags: market
authority
competition
concentration
Sugar industry goes green
2013-03-22 08:16:24| Sugar Industry News
The sugar industry is set to invest R20bn in \'green\' electricity production over the next five years to ease pressure on a sector under threat from cheap imports and distorted world prices.
Tags: industry
green
sugar
sugar industry
Govt to cultivate sugar cane on 2,000 hectares
2013-03-22 08:16:24| Sugar Industry News
Sugar Industry Development Minister Lakshman Seneviratne yesterday said the government has taken measures to cultivate sugar cane in 2,000 hectares by the end of this year and increase it to 4,000 by 2014 to reduce the expenditure on sugar imports, which is nearly Rs 65,000 million a year.
Tags: sugar
govt
cane
hectares
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