Archived Articles

January 22, 2015 Reuters By Edith Honan  

NAIROBI Jan 21 (Reuters) - Kenya's raw sugar production is expected to rise 4 percent to 617,039 tonnes in 2015, buoyed by extra factory capacity and improved supply of cane, the industry regulator said on Wednesday.

East Africa's biggest economy has an annual sugar deficit of around 200,000 tonnes, which is usually filled by imports from other…

January 22, 2015 Reuters By David Brough

LONDON, Jan 21 (Reuters) - Raw sugar futures edged up to a seven-week peak on Wednesday on short covering and a firmer real currency, while arabica coffee also rose, although forecasts for rains in Brazil limited gains.

Cocoa edged lower, with traders focused on the Asian fourth-quarter cocoa grind, a measure of demand, due later this week.

Raw sugar…

January 22, 2015 Reuters

KAMPALA: Uganda’s three largest sugar refiners are expected to produce 11.5 per cent more this year, helped by an expanded cane acreage, an industry official said yesterday.

The east African country consumes about 350,000 tonnes of raw sugar a year and the Government wants more investment to meet rising demand, which is forecast to double by 2030. Wilberforce Mubiru…

January 21, 2015 Bloomberg By Justin Doom

Green Biologics Ltd., a U.K.-based company that makes chemicals from agricultural waste and sugar cane, raised $76 million to expand production, including converting a Minnesota ethanol plant to make butanol and acetone.

Green Biologics is receiving $42 million in equity, led by Swire Pacific Ltd. and Sofinnova Partners, and $34 million in debt financing led…

Ethanol producers in Brazil used to hate government controls on gasoline prices that forced them to lower prices to be competitive, according to Bloomberg.

Now that oil prices globally have slumped by more than half, they can't live without them.

The state-controlled oil company Petroleo Brasileiro SA said Tuesday it would continue to sell gasoline at prices that are about 60% higher than prices…