Archived Articles

December 19, 2014 Sun Star Bacolod By Teresa Ellera

NEGROS Occidental Third District Rep. Alfredo Benitez said the Sugarcane Bill which he authored in the House of Representatives was approved by the bicameral conference committee of both chambers of Congress Thursday.

Benitez said the highlight of the reconciled versions of the Senate and the House is the P2-billion mandated appropriation…

December 18, 2014 Bloomberg By Vanessa Dezem

Abengoa SA and three other companies were approved to receive about 592 million reais ($222 million) in government loans for four sugar and ethanol projects in Brazil.

Abengoa Bioenergia Agroindustria will receive 309.6 million reais for a project capable of producing 64 million liters (16.9 million gallons) of ethanol per crop…

December 18, 2014 Bloomberg By Morgane Lapeyre

Sugar demand rising by about 2 percent will help reduce the global glut as output remains little changed from last season, according to Czarnikow Group Ltd.

Global sugar production will exceed demand by 600,000 metric tons in 2014-15, following a surplus of 4.4 million tons in 2013-14, the London-based trading company said in a report…

December 18, 2014 U.S. Grains Council The U.S. Grains Council recently led a delegation of industry leaders representing the USDA, Renewable Fuels Association, and Growth Energy to the Philippines to assess factors contributing to the large exports of U.S. ethanol to Southeast Asia and evaluate future opportunities for growth.

The Philippines represents one of the few markets in the world that is truly…

October 28, 2014 Marissa Luz T. Lopez Business World  

The agency said House Bill (HB) 3365, which seeks to amend the Tax Code by imposing a 10% ad valorem tax on carbonated drinks, on top of the 12% value-added tax on the products, could have consequences for sugarcane farmers.

“The SRA would like to express its concern that the proposed 10% ad valorem tax on soft drinks and carbonated…