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When sugar\'s not so sweet

2013-09-19 08:22:49| Sugar Industry News

The Indian Government partially decontrolled the sugar trade in April 2013. Under the administered regime, the Government acted as the industry\'s personal hedger. It analysed monthly demand and supply, anticipated festival demand and kept wholesale values within a price band. Loss or profit depended upon the initiatives of the Government whether it was pro-producers or pro-consumers.

Tags: sweet sugars

Long road to restore sugar\'s history

2013-09-19 08:22:49| Sugar Industry News

Almost four years ago Prime Minister Kamla Persad-Bissessar launched the Sugar Heritage Village and Museum at Brechin Castle, Couva, to preserve the memory of the sugar industry that once sustained the national economy. The museum is supposed to record the historical and cultural legacy of the industry, which brought together many races, cultures and traditions for over 200 years. The Sugar Heritage Village will house artifacts from the industry, including rail engines, railway lines, animal driven carts, tractors, harvesters and other obsolete machinery. Although restoration on the site has already begun, chairman of the Heritage Village and Museum Steering Committee, Professor Brinsley Samaroo, said there was still a long way to go. At a recent meeting held with the Point Lisas Chamber of Commerce where the committee sought to gain the Chamber\'s support, multi-media presentations were shown of the sugar industry in its heyday and future plans for the projects that will make the area an historic and recreational site.

Tags: long history road restore

Govt sugars Meridian deal

2013-08-20 22:29:32| Chemicals - Topix.net

The Government has turned up the sweeteners to attract retail investors to the Meridian Energy sharemarket float but analysts say punters need to remain wary of the potential downsides.

Tags: deal govt meridian sugars