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Sugar & Confectionery – LATEST NEWS
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Kenya pledges to clear salary arrears owed to workers of leased sugar mills
Government says audited funds are set aside to pay sugar mill workers as unions demand clear payment timelines.
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Lotus Chocolate Q3 FY26 profit plunges 96% as costs rise despite revenue growth
Reliance-backed Lotus Chocolate reports sharp profit decline in Q3 FY26 amid higher expenses and business model transition.
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India sugar exports reach 180,000 tons as prices ease, rupee weakens
ndian sugar mills resume limited exports as domestic prices cool, offering brief relief to global markets amid rising supply.
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McCormick raises stake in McCormick de Mexico to 75% in US$750m deal
Acquisition strengthens McCormick’s control of its Mexican joint venture and supports regional expansion plans.
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Nzoia Sugar resumes milling after seven-month shutdown following West Kenya Sugar lease
Factory restarts operations after major rehabilitation, targeting full capacity milling and expanded cane development.