...Introduction The world sugar market is experiencing considerable changes in prices. The global sugar stocks, which had been plunging constantly, experienced its lowest in 2010-11 at 165.68 million tonnes. This was due to the drought conditions occuring throughout the world, leading to lower production. However, high demands for sugar has caused a surge in the market prices. World sugar prices dropped in 2012, due to a “bumper crop” around the globe which lead to the decrease in international sugar prices. [1]In 2012 the global production increased by 6% to 171 mn tn from 162 mn tn when comparison to the last year. Increase in production will be seen in 2012-13 majorly due to the rise in production in Brazil and China. International demand for sugar is anticipated to highten in 2012-13 but at a slow rate.[2] Brazil is the major producer and exporter of sugar, and is termed as the "global trading nation". Brazil has acquired a position as the "price-setter" in the world sugar market. Recently, the production costs increased in Brazil and in other major export countries like Australia and Thailand, which has resulted in an increase in the value of their currency in comparison to dollars.[3] In India, sugar production increased by 6.6% in 2011-12 to 26 mn tn from 24.4 mn tn when compared to the previous year. The country's production will surpass the domestic consumption in 2012-13 season that starts in October. Although the production decreased in Maharashtra and Karnataka due...
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...|Name: Ritika Kanodia | |Roll No. 30 | |Semester: 6th | |Supervisor: Mr. Shantanu P.Chakraborty | |Industry: Sugar Industry | |Title: Impact of Government allocation on the Sugar Industry | Dissertation submitted in partial fulfillment of the requirements of the Undergraduate Degree in Bachelor of Business Administration (Honours) J. D. Birla Institute at the Jadavpur University at Kolkata 13/06/2011 The Controller of Examination, Jadavpur University, Kolkata Respected sir, This research work has been done by me and is an original work. The references used have been mentioned in the bibliography. My University Registration no. is 104748 of 2008-2009 and my sixth semester examination...
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...sales quota in sugar industry CHENNAI: Food and agriculture minister Sharad Pawar said on Friday he favoured ending the government's role in fixing sales quota in sugar industry, adding that the government would consider withdrawing controls on the sector after assessing the likely sugar production in 2010-11 crop year. The minister said a decision on decontrolling the sugar industry could be taken if there is good production in the next crop year starting October. At present, the government controls the sugar industry right from fixing the support price of sugarcane and allocating the monthly quota for mills to sale in the open market. "We welcome the minister's statement on decontrol of the sugar market, which was long-awaited," Indian Sugar Mills Association (ISMA) deputy director general M N Rao told a news agency. Sugar industry is heavily regulated, right from cane to sale of sugar. There is a minimum support price for sugarcane and over and above that there is a state advisory price. Sugarcane command area is determined and approved by state governments. Sugar mills can't sell freely in the open market as there are quotas for open sale. "There are multiple spokes in the wheel now. Besides, with nearly 12 to 15 crore people involved with the sugar business, we need to see in what form and shape the decontrol happens. Ideally, total decontrol is the best," K Jayachandra, joint MD of Empee Sugars and Chemicals, told TOI. Pawar acknowledged that sugar sector was heavily...
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...Prof. Mesina 23 March 2011 Sweet Deals: The Philippine Sugar Industry History From the 19th century until 1970s, sugar has been one of the most important agricultural products in the Philippines. Philippines have been one of top exporter of sugar in the world and the sugar has been one of the pillar of the agricultural Philippine Economy. Jose Maria Zabaleta in his paper discusses the Philippines’ comparative advantage in the sugar industry: “Comparative Advantage The middle islands of the Visayas and the northernmost island of Luzon lie in the typhoon belt of the Pacific Ocean, and its eastern seaboard, often visited by as many as twenty hurricanes a year two or three of which are often considered as destructive, is not suitable for maize, many tree crops, and year round agriculture. Sugarcane, however, grows luxuriantly and well, and suffers little from typhoon damage. It is, therefore, a crop of preference not only because its product, sugar, has a long shelf life and is easily transported, but because the farmer is never really in danger of losing his entire harvest because of its resiliency.”(Jose Maria Zabaleta) Sugar started to be commercially produced in the Philippines during the 18th century. Since then the sugar industry flourished to become a major commodity for export. In the 20th century, the greater demand for sugar in the American Market resulted into growth of the industry. (Jose Maria T. Zabaleta) The United States gave preferential...
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...Perfectly Competitive Markets A firm’s decision about how much to produce or what price to charge depends on how competitive the market structure is. If the Dangote cement raise their prices by 5%, there will be a small reduction in the quantity of cements demanded. If the conoil gas station raises its gasoline prices by 5%, there will be a huge reduction in the gas demanded. In a very competitive market like the local gasoline market, a single station has very little choice in what price to charge. If the station is busy there is no reason to lower the price, but if it raises its price by 10 cents a gallon, it will have almost no customers. We will study the extreme case of perfect competition, where firms are “price takers.” In a perfectly competitive market, (i) there are many buyers and sellers, so each buyer or seller is a price taker, (ii) all sellers supply the same, identical product. This is the model of supply and demand. If a seller could influence the price, it would not be acting according to a supply curve. In the long run, we also require that (iii) firms can freely enter or exit the market. Revenue of a Competitive Firm For a competitive firm, the price it receives does not depend on the quantity it chooses to sell. Marginal revenue equals the price of its output. For example, if the price is $6, then the total revenue of selling 10 units is $60 and the total revenue of selling 11 units is $66. Marginal revenue, ªTR/ªQ = (66-60)/(11-10)...
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...limited company was incorporated on 03.07.1941. The K.C.P Limited was virtually a conglomerate with multi product, multi- locational units each of them large enough to function as an independent company. In the light of its large operations, the management of The K.C.P Limited decided to hive of the sugar, Distillery and Workshop operations at Vuyyuru and Lakshmipuram to a new company which would be able to focus its attention to the growth and development of these operations. The company is engaged in the manufacture and marketing of wide range of products that can be broadly classified under three groups. Viz., (1) Sugar (2) Bio-products (3) Engineering unit for manufacture of solid liquid separation. Thus catering to the needs of many process industries contributing to sustain pollution free environment. The company provides various services in the environment category like Biological Waste Water treatment, Liquid/Solid separation, milk of time preparation, pulp washers, sludge dewatering, recaustizing systems, flocculation and mixing classification. The company was formed with the objective of taking over the Sugar, Distillery and Workshop units. OBJECTIVES OF KCP (SUGARS): • To broaden access to livelihood opportunities for target groups, particularly women by providing employment opportunities to them. • To improve access to new and existing services and to extend a manufacturing unit. • To improve the productivity of sugarcane which are limited...
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...REPORT Independent Assessment of the Sugar Industry 2002 Clive Hildebrand Independent Assessment of the Sugar Industry 2002 Clive Hildebrand Report to the Hon. Warren Truss MP Minister for Agriculture, Fisheries and Forestry I n d e p e n d e n t A s s e s s m e n t o f t h e S u g a r I n d u s t r y Secretariat: GPO Box 858, Canberra ACT 2601 ph: +61 2 6272 4388 fax: +61 2 6272 3359 email: sugar@affa.gov.au web: www.affa.gov.au/sugar The Hon Warren Truss MP Minister for Agriculture, Fisheries and Forestry Parliament House CANBERRA ACT 2600 Dear Minister I have pleasure in presenting my Assessment of the sugar industry’s viability and restructuring needs as requested. It is my personal opinion, neither more nor less, after an intense period of contact activity covering all the groups requested, and after personal research. As requested it is written in direct terms, and is without modification for outside requests except to observe confidentiality. While at times critical, it is a genuine attempt to contribute to the long term future of this industry, which is so rich with history and today’s hard working and dedicated people, and so important to regional coastal Queensland and northern New South Wales, as well as the Ord River Irrigation Area. The process chosen was open and transparent. Despite time limitations I am confident that I have been given a privileged insight into the state of the industry and the key issues. Economic and environmental drivers were examined...
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...A cane sugar mill is a factory that processes sugar cane to produce raw or white sugarAs in many other industries factory automation has been promoted heavily in sugar refineries in recent decades. The production process is generally controlled by a central process control system, which directly controls most of the machines and components. For security reasons only certain special machines, such as the centrifuges in the sugar house, are decentralized. In these cases PLCs are used Due to the low purity the evapo-crystallization alone is not sufficient to exhaust molasses, and so the so-called massecuite (French for “boiled mass”) is passed through cooling crystallizers[3] until a temperature of approx. 45 °C is reached.THE SOIL NEEDED FOR THE GROWTH OF SUGAR WAS AVAILABLE HERE. COTTON TEXTILE A cotton mill is a factory that houses spinning and weaving machinery. Typically built between 1775 and 1930, mills spun cotton which was an important product during the Industrial Revolution. The English cotton mill, which emerged as an entity in 1771, went through many changes before the last one was constructed in 1929. THE JUTE INDUSTRY Jute is a long, soft, shiny vegetable fibre that can be spun into coarse, strong threads. Jute is one of the most affordable natural fibres and is second only to cotton in amount produced and variety of uses of vegetable fibres. Margaret Donnelly, a jute mill landowner...
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...BIOGRAPHY OF ROBERT KUOK Date of Birth: Saturday, 06 October 1923 | Born in: / Nationality: Malaysia | Robert Kuok is a Malaysian billionaire and business tycoon who is currently the richest man in both Malaysia and Southeast Asia, with an estimated wealth of 17 billion dollars. He owns multiple companies in numerous fields of business—from sugar mills to food products, from farms and plantations to hotels and resorts. He is most known for owning the world-class Shangri-La Hotels, a chain of hotel-resorts that now runs over 60 hotels worldwide in cities like Tokyo, Dubai, Manila, Singapore, Kuala Lumpur, Hong Kong, Vancouver, and Paris. THE RICHEST MAN IN MALAYSIA AND SOUTHEAST ASIA Robert is also called the “Sugar King of Asia” for having 80 percent of the Malaysian sugar production, which accounts for ten percent of the total world production, under his control. Robert’s amazing story of rising up from poverty and becoming Southeast Asia’s richest person has become a shining inspiration for a lot of people. Robert is a firm believer of hard work, diligence, and a broad set of thinking. He believes that these traits allow a person to achieve their goals, and enable them to properly set the course of their life. Robert has a deep root in Buddhist and Communist beliefs, in helping others and how everyone has an equal opportunity of succeeding, but is hindered by so much corruption—not just in politics, but a corruption of the entire system of life itself. In his interviews...
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...After Christopher Columbus’s voyage in 1492, he discovered sugar and brought it back to Europe and the Caribbean. Sugar was used as a sweetener for tea and other treats the Europeans ate. The production of cane sugar become a large industry in Europe. Sugar was not well know until it became a larger industry because it could not grow in Great Britain. The economy exploded because of the rapid production of sugar and constant need of it. The sugar trade was driven by demand, economy, and growing conditions. The reason for demand of sugar, was because sugar was addictive, as explained in document 4 sugar is a stimulant and is classified as a drug. Mints explains in her opinion that sugar has become an addictive additive in tea, chocolate, and...
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...CHAPTER – I 1.1 ABOUT THE TOPIC Quality of work life means “the degree top which members of a work organization are able to satisfy important personal needs through their experience in the organization” QWL could be defined as “the Quality of the relationship between the man and task. QWL is a process by which an organization responds to employee needs for developing mechanism to allow them to share fully in making the decisions that design their lives at work. Quality of work life has gained deserved prominence in the Organizational Behavior as an indicator of the overall of human experience in the work place. It expresses a special way of thinking about people their work, and the organizational in which careers are fulfilled. QWL refers to the relationship between a worker and his environment, adding the human dimension to the technical and economic dimensions within which the work is normally viewed and designed. QWL focus on the problem of creating a human working environment where employees work co – operatively and achieve results collectively. It also includes. • The programme seeks to promote human dignity and growth • Employees work collaboratively They determine work change participate • The programme assume compatibility of people and organization QWL refers to the level of satisfaction, motivation, involvement and commitment individuals experience with respect to their line at work. QWL is the degree...
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...ustcivillaw.com/Republic%20Acts/RepActNo6260.php REPUBLIC ACT NO. 6260 AN ACT INSTITUTING A COCONUT INVESTMENT FUND AND CREATING A COCONUT INVESTMENT COMPANY FOR THE ADMINISTRATION THEREOF. The republic act no. 6260, also known as the coconut investment act, states the development of the coconut industry through the provision of adequate medium and long-term financing for capital investment in the industry by creating a corporation to be known as the "Coconut Investment Company". It was approved on June 19, 1971 http://www.chanrobles.com/republicacts/republicactno4403.html REPUBLIC ACT NO. 4403 REPUBLIC ACT NO. 4403 - AN ACT ENCOURAGING THE ORGANIZATION OF AGRO-INDUSTRIAL COCONUT COOPERATIVES UNDER THE JURISDICTION OF THE PHILIPPINE COCONUT ADMINISTRATION, AMENDING FOR THE PURPOSE REPUBLIC ACT NUMBERED ELEVEN HUNDRED FORTY-FIVE | | The republic act no. 4403 states the aim to help planters and processors organize themselves into associations and/or agro-industrial coconut cooperatives with a view to giving them greater control in the marketing of their products, to help them obtain more credit facilities, and to assist them in getting more participation in the income of the coconut industry. It was approved on June 19, 1965 RELATED LITERATURE http://www.pyroenergen.com/articles08/black-white-charcoal.htm Black Charcoal and White Charcoal This contains the differences between black and white charcoal, the procedures...
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...BSC COMPUTING SEMESTER 5 August 2012- November 2012 ABIODUN EMMANUEL TAIWO L0592LYLY0411 MODULE ADVISOR DR UMA MOHAN Cardiff Metropolitan University Department of Business and Information Technology London School of Commerce, London SE1 1NX ABIODUN EMMANUEL TAIWO L0592LYLY0411 MIS CASE STUDY 1. EXECUTIVE SUMMARY Tate and Lyle is a manufacturing firm that has it history dated back to the year 1921. The company was established as a result of a major merger between two sugar refining companies; Henry Tate & sons and Abram Lyle and sons. The company, after the merger expanded its coast to the production of specialty food ingredients such as sweeteners, texturants, wellness ingredients among others and bulk ingredients such as corn syrup, acidulants and flours. Tate and Lyle is based in Silver-town, London from where it runs supplies to a huge market network which comprises of food and beverages, pharmaceutical, animal feeds and personal care industries around the globe. Vision and Mission remains the backbone of every successful business organization and the managers of Tate and Lyle left nothing untouched in this regard. It has simple, direct and concise goals and mission which are clearly outlined in their mission statements. This case study pays particular attention to a broad analysis of the company’s mission statements, its alignment to the company’s strategies and an expanded analysis of various factors that can affect the company’s...
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...FOODS YOU SHOULD NEVER EAT Foods that Make You Fat and Destroy Your Health Page | 1 Copyright ©2010 Eat Healthy Secrets ISBN XXXXXXXX All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, recording, or otherwise, without the prior written permission of the author. Printed in the United States of America Page | 2 Table of Contents INTRODUCTION ..............................................................................................................5 THE DANGER OF PROCESSED FOODS ......................................................................8 REFINED SUGAR IS POISON ......................................................................................12 THE TRUTH ABOUT FAT .............................................................................................27 WHY YOU SHOULD AVOID HIGH FRUCTOSE CORN SYRUP ..................................32 WATCH OUT FOR ASPARTAME .................................................................................40 AVOID MONOSODIUM GLUTAMATE ..........................................................................55 OTHER FOOD ADDITIVES YOU SHOULD AVOID ......................................................62 THE PROBLEM WITH BREAKFAST CEREALS ..........................................................73 THE PROBLEM WITH DIET SODAS ......................................................................
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...Funds Tech Jobs Opinion Features Blogs Slideshows ET PortfolioET SpeedET NOW Stocks Market Live Regulation Global Markets Forex IPOs/FPOs/Rights issues Bonds Money Markets Commodities Real Estate Analysis Market NewsStocks in NewsViews/RecommendationsStock QuotesMarket Calendar You are here: ET Home » Markets » Stocks » Stock Quotes » KCP Sugar & Industries Corporation Ltd. » Directors report * Summary * Prices * Financials * Reports * Company Info * News * Competitors * ET Buzz Tracker New Directors ReportChairman's SpeechFinished Products KCP Sugar & Industries Corporation Ltd. BSE: 533192NSE: KCPSUGINDEQ58888: kcpsi IND: SugarISIN code: INE790B01024SECT: Sugar BSELIVE03:40 PM | 26 Apr 2013 18.00 Change: -0.25(-1.37%)Volume: 4,357 Open: 18.35Prv. Close: 18.25 Today: 17.95 52-Wk: 14.50 18.35 26.00 Bid: 0.00(0) Offer: 0.00(0) NSELIVE03:31 PM | 26 Apr 2013 18.05 Change:-0.25(-1.37%)Volume: 17,561 Open: 18.25Prv. Close: 18.30 Today 17.80 52-Wk 14.70 18.50 26.05 Bid: 0.00(0) Offer: 0.00(0) You can view full text of the Director's Report for KCP Sugar & Industries Corporation Ltd. Director Report Mar2011 Mar 2012 Dear Members, The Directors present their 17th Annual Report and the audited statement of accounts for the year ended 31st March 2012. The fi nancial statements have been presented in the new format in accordance ...
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