Sucro Announces Plans for New Cane Sugar Refinery in Chicago Adding New Specialty Domestic Capacity to Growing and Underserved U.S. Market
Retrieved on:
Tuesday, February 20, 2024
CORAL GABLES, Fla., Feb. 20, 2024 /PRNewswire/ - Sucro Limited (TSXV: SUG) ("Sucro" or the "Company"), an integrated sugar company focused primarily on serving the North American market, today announced plans to construct a new cane sugar refinery in the Greater Chicago Area to address the growing and underserved U.S. sugar market.
Key Points:
- CORAL GABLES, Fla., Feb. 20, 2024 /PRNewswire/ - Sucro Limited (TSXV: SUG) ("Sucro" or the "Company"), an integrated sugar company focused primarily on serving the North American market, today announced plans to construct a new cane sugar refinery in the Greater Chicago Area to address the growing and underserved U.S. sugar market.
- The new refinery will have significant value-added specialty sugar capabilities, including large grain crystals used in specialty foods and confectionery, an integrated brown sugar line, specialty liquid production and organic sugar refining capabilities.
- The Chicago refinery will leverage Sucro's existing property and sugar processing infrastructure at University Park, Illinois.
- "Our new Chicago refinery will add much-needed domestic refinery capacity to address the demand for refined sugar and reduce the market's reliance on imports.