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...