Latest supply and demand situation of the philippine sugar industry
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February 25, 2015 Sugaronline | http://goo.gl/3jy8ds
Brazil-based Raízen has released financial results for the third quarter of fiscal year 2015, the three months ended Dec. 31, according to the US's Ethanol Producer.
The company reported net revenue of BRL16.98 billion (US$5.9 billion), up from BRL14.88 billion during the same period of the prior year. The…
February 25, 2015 Sugaronline | http://goo.gl/I9mcZu
The Bureau of Internal Revenue (BIR) is killing the sugar industry in its continued holding of the authority to release sugar (ARS) despite the payment of the questioned 1% tax on gross product it imposed on sugar producers' cooperatives, according to the Philippines' Sun Star Bacolod newspaper.
This was the…
February 20, 2015 Sugaronline | http://goo.gl/1ydYoR
A deal to set limits on sugar imports to the United States from Mexico would squeeze U.S. sugar refiners, refiners said on Thursday, while sugar growers from both countries said the deal should stand, according to Reuters.
Louis Dreyfus Commodities' Imperial Sugar Co and AmCane Sugar LLC are challenging…
February 22, 2015 Business World by Krista Montealegre | http://goo.gl/L1hXbP
FIRST PACIFIC Co. Ltd. is set to infuse fresh capital into Roxas Holdings, Inc. (RHI), allowing the Hong Kong-based conglomerate to gain control of the sugar miller and refiner.
First Pacific Managing Director Manuel V. Pangilinan said the company will raise its stake in RHI to…
February 21, 2015 The Visayan Daily Star by Carla Gomez | http://goo.gl/JINymM
The Sugar Regulatory Administration and the Sugar Alliance of the Philippines have been unable to discuss concerns over the 1 percent withholding tax on raw sugar on withdrawal from mills that has triggered confusion in the industry, Enrique Rojas, president of the National Federation of…