Sugar & Confectionery

Higher cane deliveries and government reforms are driving Kenya’s sugar industry recovery, strengthening plans to achieve self-sufficiency and expand sugar exports.

Raízen has agreed to sell its Caarapó sugar and ethanol mill to Adecoagro, advancing its asset divestment strategy to reduce debt and simplify operations.

Mars Wrigley will eliminate 307 jobs as it relocates its headquarters to Chicago while maintaining manufacturing operations and investments in New Jersey.

Tanzania’s sugar factories have resumed production, raising hopes of improved supplies and lower prices after months of shortages caused by delayed harvesting and milling.

Strong growth in North America and emerging markets offset weaker European demand, keeping Lindt & Sprüngli on track to achieve its 2026 financial guidance.