Sucrogen, the Australian-based sugar subsidiary of Singapore-listed Wilmar International Limited, has been given approval to purchase Proserpine Sugar Mill by the mill’s creditors, Westpac Bank. Sucrogen’s...

Sugar giant Sucrogen today announced an agreement to buy the Proserpine Co-operative Sugar Milling Association Limited (PCSMA) for $115 million dollars. The move will increase Sucrogen’s throughput...

The Minister for Primary Industries and Fisheries Tim Mulherin yesterday said he was delighted with the announcement of the proposed merger of Proserpine Co-operative and the newly formed Mackay Sugar...