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Nordic Sugar achieves record production

The excellent output allows Nordic Sugar to increase exports

The 2011/12 production campaign has come to an end at Nordic Sugar’s sugar factories. The output totalled approx. 1,050,000 tonnes of sugar (2010/11: 841,000 tonnes), hitting an all-time high. The strong result was achieved on the back of a high level of efficiency in the processing of a bumber beet crop at all Nordic Sugar’s factories in Denmark, Sweden, Finland and Lithuania.

Managing Director Thomas B. Olsen comments:

“We have indeed seen an abundant sugar beet crop this year. Even at the start of the campaign, we forecast an above-average production but still the output for the year exceeds our expectations. Hardly any other crop showed record growth in 2011 in our region, but the weather conditions during the summer and autumn and the mild winter were close to ideal for sugar beet.”

“A bumper beet crop does not do the job alone, however. Our factories have performed very successfully despite the extra pressure of handling the extraordinary volumes of raw materials, so the production campaign now ended has been a success on all accounts.”

Nordic Sugar primarily supplies the Nordic and Baltic markets. The EU quota for sale of sugar to the EU food industry is unchanged, but the the 2011/12 record output has helped Nordic Sugar to expand its exports to markets outside the EU.

”This is of course a very positive situation for us. We are enjoying stable demand in our main markets, and in the world market prices are higher than normal.

For further information:
Thomas B. Olsen, Managing Director, Nordic Sugar A/S, tel. +45 3266 2500,
Dorthe Lindgreen, Communications Manager, Nordic Sugar A/S, tel. +45 3266 2588 / +45 4011 6695  

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