Germany green-lights sugar cooperation plan as gas supply shortages bite
Tuesday, September 6, 2022
Germany’s competition regulator has given the green-light for the country’s major sugar manufacturers to cooperate in the event of gas supply shortages worsening. But the Bundeskartellamt has stressed the deal – proposed by the sugar firms – is a “one-time temporary cooperation project”. Four companies – Nordzucker, Südzucker, Pfeifer & Langen and Cosun Beet – are planning to work together in order to ensure the continued processing of sugar beets if a shortage occurs. The German sugar industry association, Verein der Zuckerindustrie (VdZ), is also included in the cooperation agreement. The 18 sugar factories run by the four companies are for the most part powered by natural gas.Click here to connect to the source of this storyClick here for more News and Views
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