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Illovo
Sugar Growers, Millers and Refiners
Industry to diversify beyond sugar production
Sugarcane crop production in the 2011/12 season recovered somewhat from the effects of the drought experienced in the 2010/11 season, the South African Cane Growers’ Association (Canegrowers) reportsBy: Zandile Mavuso
06 Jul 12
Sugar Growers, Millers and Refiners
Sugar producer aims to extract maximum value from sugar cane
Sugar producer Illovo aims to limit its waste and improve the return on every stick of sugar cane by producing and marketing a number of niche, high-value downstream products in addition to its core products of sugarcane fibre, sugar and molasses.By: Zandile Mavuso
06 Jul 12
Forest Products
Manufacturer offers high-pressure monodrum boilers
Boiler and environmental solutions provider John Thompson, a division of electrical products supplier Actom, is now offering the sugar industry, as well as other industrial users that want to burn biomass, high-pressure monodrum boilers.By: Sashnee Moodley
08 Jun 12
SUGAR
Illovo continues drive to boost production capacity in Africa
JSE-listed sugar producer Illovo said on Tuesday that the group continued with its drive to consolidate its position in South Africa and to significantly increase its cane and sugar production capacity outside the country. In the latest...By: Loni Prinsloo
19 Jul 11
SUGAR
Illovo raises R940m in Swaziland to pay for expansions
JSE-listed sugar producer Illovo on Friday said that it had successfully raised R939-million in Swaziland to fund its Umbombo expansion and cogeneration project. MD Graham Clark said that the funding had been critical to the company’s expansion...By: Loni Prinsloo
16 May 11
AGROPROCESSING
Illovo says drought and strong rand impacting on output and earnings
JSE-listed sugar producer Illovo expects its sugar output for the 2011 financial year to be similar to the 1,7-million tons of sugar produced in the year ended March 31, 2010, but warned that its earnings would be lower, owing to foreign exchange...By: Chanel de Bruyn
18 Nov 10
SUGAR
Illovo lifts sugar output, profit declines
Southern African sugar producer Illovo was expecting the 2011 financial year to be a difficult one for the group, with volatile world sugar prices and the financial crisis in the Euro zone expected to negatively impact on currency values. The...By: Chanel de Bruyn
31 May 10
Video of the Week
Daily podcast – July 27, 2009
In today's podcast: Murray & Roberts and JV partner Al Habtoor have been awarded a R3,7-billion contract in Abu Dhabi; and the final End-User and Subscriber Service Charter Regulations would come into effect soon.
27 Jul 09
AGROPROCESSING
Illovo announces R3bn rights offer to fund expansions
JSE-listed sugar producer Illovo would seek to raise R3-billion in a rights offer to fund expansion projects and repay loans, the company announced on Friday. Illovo would offer 108,3-million shares at a price of R27,69 a share.Illovo would offer...24 Jul 09
BIOFUELS
Malawi seeks to extend ethanol testing to more vehicles
The Malawi government is looking to procure three more vehicles for use in further experiments to test the practicability of using locally produced cane ethanol to power vehicles.By: Marcel Chimwala
30 Jan 09
trading update
Illovo expects interim earnings growth of up to 35%
JSE-listed sugar producer Illovo expects interim earnings to rise by as much as 35%, while full-year earnings could increase by up to 25%, the company said on Tuesday. Illovo’s headline earnings a share and earnings a share for the six months...By: Mariaan Webb
04 Nov 08
PEOPLE
Illovo appoints new MD to succeed MacLeod
Sugar producer Illovo has appointed operations director Graham Clark as new MD, succeeding Don MacLeod, who will be retiring at the end of March. MacLeod, who has been MD of Illovo since 1992, would remain a board member as a nonexeuctive...By: Mariaan Webb
29 Jul 08
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