fbpx
Navegação na tag

sugar

Raw sugar price rally seen stalling in 2017 as deficit fades

A rally that took raw sugar prices to a more than four-year high in late 2016 is expected to run out of steam this year as Brazil’s main producing region looked set for record output that will reduce a world supply deficit, a Reuters poll showed. The deficit will disappear in the upcoming 2017/18 crop year, according to the median estimate from Reuters’ poll of 18 traders, analysts and…
Leia mais...

Sugar has had billions in state support; cultural industries have been given nothing in 31 years

The question of the sugar industry has taken up more media space, both print and electronic than any other industry in Guyana over the past twenty years, and possibly further back, through headlines, letters, columns and articles. Worldwide, sugar nations like Cuba and recently Hawaii have moved away or diversified into other areas as the evolution of economic forces has demanded. In Guyana,…
Leia mais...

Fiji Sugar Corporation undergoes review

Major projects are being put on hold by the Fiji Sugar Corporation as it undergoes a complete review under new CEO, Zimbabwe-born Graham Clark. The FSC chair Vishnu Mohan said projects like the co-generation and ethanol plant in Rarawai, sugar refinery in Labasa and syrup mill in Penang have been stopped until further feasibility studies are undertaken. The proposed ventures are…
Leia mais...

Philippines – New 40 MW cogen unit expected to commence operations

Victorias Milling Co. (VMC) is expecting the construction of new PHP 2 billion (US$40.2 mln) bagassed-based cogen unit with 40 MW capacity to commence operations in September. Construction of the plant started last year, according to local press reports. VMC President and Chief Operating Officer Eduardo V. Concepcion said “We will be able to export to the grid about 25 MW, while the remaining…
Leia mais...
X