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CBN Invests N26bn in Sugar Production Companies CBN Gov

2016-04-20 13:26:13| Sugar Industry News

Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has disclosed that the apex bank has invested about N26 billion to build Sunti Golden Sugar factory in Sunti, Niger State. Mr. Emefiele speaking at the weekend during the facility tour of the new completed project noted that project of such magnitude was embarked upon in order to encourage import substitution and backward integration strategy.

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Australian sugar production, exports to jump next season

2016-03-01 07:18:17| Sugar Industry News

Australian sugar production will rise 6% next season, the Australian commodity bureau Abares said, boosting ideas for exports.

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Mexico - Sugar industry enters peak production period

2016-03-01 07:18:17| Sugar Industry News

Mexico's sugar industry produced 266,000 tonnes of sugar in the week ended February 20, the highest level so far in the season. This marks the start of the peak production period which traditionally lasts through March and parts of April.

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Sugar values set to rise as global production goes into deficit for first time in five years

2016-02-01 06:39:01| Sugar Industry News

Sugar is one of the few bright lights on the global commodity stage at the moment as demand outstrips supply for the first time in five years.

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Western Sugar to shift production from Wyoming to Colorado, Nebraska

2015-05-19 09:18:52| Sugar Industry News

SCOTTSBLUFF, Neb. Denver-based Western Sugar Cooperative intends to expand the production capacity at plants in Nebraska and Colorado while reducing its Torrington, Wyo., operation to sugar storage and shipping.

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