BIO-FUELGROWTH PROMPTS FEARS OVER SUGAR SUPPLIES
July 1st, 2006
BY ALAN OSBORN
EUROPEAN food manufacturers are increasingly concerned that western governments might turn to sugar beet as a source of bio-fuel in the next few years, with possibly serious consequences for the price and availability of sugar in the long-term. Production of bio-ethanols, which are based among other things on sugar distilled from beets, rose 70.5% in 2004/5 and experts see this growth rate continuing for several years yet given the European Union's (EU) energy targets.
At the very least the trend will unsettle the market and perhaps call into ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.