Danisco sugar to beat EU quota

- Last updated on GMT

Related tags: Ingredients company danisco, European union, Danisco sugar

Danish ingredients company Danisco Sugar said this week that it
expects an overall production considerably above the quotas
specified by the EU and on a par with production in recent record
years.

Danish ingredients company Danisco Sugar said this week that it expects an overall sugar production considerably above the quotas specified by the EU and on a par with production in recent record years.

As in previous years, the final allocation of quotas will take place on 1 October when the European Commission will have assessed the need for quota reductions based on the sugar export conditions stipulated by the WTO (Danisco Sugar's EU quota in 1999: approx. 1,068,000 tonnes, in 2000: approx. 1,035,000 tonnes, in 2001: approx. 1,061,000 tonnes).

The company reports that due to favourable weather conditions up until this year's second field samples, and provided that normal weather conditions prevail for the remaining part of the growing season, there is the potential for a total sugar production in 2002 considerably above the current quotas for Denmark, Sweden, Germany, Finland and Lithuania with a total of 1,158,500 tonnes, and reaching the same levels as the production in previous record years (production in 1999: approx. 1,410,000 tonnes, in 2000: approx. 1,345,000 tonnes, in 2001: approx. 1,246,000).

Further details can be obtained from the Danisco​ website.

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