The new K4 Factory is expected to expand Kilombero Sugar’s production capacity, increase demand for sugarcane and support Tanzania’s push for greater sugar self-sufficiency.
Ferrero’s latest investment will strengthen manufacturing capacity in Mexico while supporting export growth across North America and Central America.
Raízen has agreed to sell its Caarapó sugar and ethanol mill to Adecoagro, advancing its asset divestment strategy to reduce debt and simplify operations.
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.
Nestlé plans to transfer production to a UK co-manufacturer while seeking a new investor to continue confectionery manufacturing at the Hungarian site.