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Südzucker To Close Two German Sugar Factories In Restructuring

Published on Jan 31 2019 2:19 PM in A-Brands tagged: Trending Posts / Germany / Südzucker AG / Restructuring

Südzucker To Close Two German Sugar Factories In Restructuring

Südzucker, Europe's largest sugar refiner, said on Thursday it plans to close two German sugar production plants as part of a restructuring programme announced this week.

The two plants are in Brottewitz and Warburg and together produce around 200,000 tonnes of sugar annually, a Südzucker spokesman said.

The company said on Tuesday it plans to cut sugar production volumes by up to around 700,000 tonnes per year including factory closures because of the current slump in sugar prices.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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