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Tag: sugar mills
Sugar mills in a soup
2015-04-16 08:29:16| Sugar Industry News
The industry is facing the worst crisis and stakeholders have been demanding revenue-sharing cane price, withdrawal of VAT and measures to encourage ethanol production, but the response from the State government has been tepid.
Tags: sugar
mills
soup
sugar mills
Surplus sugar to stress mills\' profitability: ICRA
2015-04-16 08:29:16| Sugar Industry News
Pune, April 15: Surplus sugar in both domestic and international markets will continue to keep prices under pressure in the near term, according to a report by ratings agency ICRA.
Tags: stress
sugar
mills
surplus
Sugar mills can be future power houses: Industry official
2015-03-25 15:13:23| Sugar Industry News
Kolkata, March 23 (IANS) The country's 550 odd sugar mills can produce at least 2,500 MW of electricity if they install high-power boilers which will involve an investment of Rs.150 crore for each mill, an industry official said here on Monday.
Tags: power
future
industry
official
Sugar mills under stress due to low ex-factory price
2015-03-24 06:41:14| Sugar Industry News
Kolkata, March 23 (IANS) Even as sugar production in India rose by 28 lakh tonnes by March 15 this year touching 221.8 lakh tonnes, the ex-factory price of sugar remains low compared to the procured cost of cane resulting in losses to the sugar industry, an industry official said here on Monday.
Sugar mills facing closure due to disparity in prices
2015-03-18 08:20:55| Sugar Industry News
The price of sugar, both in the domestic market and the international market even with the export incentive, does not make the whole business viable. No wonder, several large sugar mills are seriously considering closure as an option due to this disparity in prices
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