CSR has today advised their shareholders that an assessment of the non-binding offer from China’s Bright Food Group has resulted in them dismissing the proposal.
“CSR Limited has considered...
As speculation of other bidders entering the fray mounts, CSR is pushing on with demerger plans in the wake of a $1.5 billion informal offer from Bright Food this week.
CSR last night advised that discussions...
Sugar, dairy and oils were the catalysts for growth in global food prices last month, according to the latest release of the FAO Food Price Index, while cereals and meat prices remained stagnant. The Index...
Chinese food processor Bright Food has approached Australia’s largest sugar firm regarding the possibility of a takeover.
Bright said in a statement today that they had approached the ASX-listed...
Australia’s organic and sugar industries can look forward with anticipation to a successful 2010, according to a leading market forecaster.
A list of the top sectors for the year ahead from information...
The price of sugar continues to rise after a strong 2009 when it outshone all other major food commodities.
White sugar reached a new record, while ICE raw sugar futures soared to a 29-year high amid bullish...
CSR, Australia’s largest sugar producer, has announced that their Sugar and Renewable Energy business will adopt the name of Sucrogen as part of the proposed demerger.
Sucrogen will, however, retain...
A Greenpeace report claiming that a major supplier of palm oil to Unilever is engaged in illegal deforestation has prompted the company to suspend all future purchases from the company.In a statement released...
A commitment to reduce sugar levels in cereals advertised to children by an average of 20% has been announced by Cereal Partners Worldwide*, a global joint venture between food giants Nestlé and General...
CSR has told investors at a briefing into their proposed demerger of building and sugar operations that they anticipate their sugar business to get a boost from higher prices.
Sugar has been one of the...
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