Ukrlandfarming to produce 240-250 th tonnes of beet sugar in the current year

Обзоры по компаниям и отраслям 04.10.2012 Ukrlandfarming, one of the largest Ukrainian agricultural holdings, plans to produce 240-250 th tonnes of sugar from beet harvested in the current year versus 232 th tonnes in the previous year. According to the Company's statement, two sugar plants are under operation, while the other two, namely Kremenetsky and Zolochevsky, are under technical audit in the current season. The company's representatives have noted that domestic consumption of sugar will not exceed 2 mln tonnes with the production capacity at 5-6 mln tonnes. This leads to intense competition and low prices, well below the cost of production.