Energy restored at ASR sugar refinery in Louisiana; minor harm to crops

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Energy restored at ASR sugar refinery in Louisiana; minor harm to crops


By Marcelo Teixeira

NEW YORK, Sept 2 (Reuters)Energy was restored on the Chalmette Refinery in Arabi, Louisiana, that was shut final week on account of Hurricane Ida, and manufacturing ought to restart over the weekend, stated proprietor ASR Group on Thursday.

The plant with capability to provide 7 million kilos of refined sugar per day, one of many three operated by the corporate that sells the Domino model in america, had its techniques again on-line and is being checked for the manufacturing resumption.

“We proceed to ship merchandise from our exterior warehouses on a restricted foundation using carriers which might be in a position to entry the world. Now we have additionally elevated working days throughout our U.S. community and can proceed to depend on this capability to provide clients throughout this era,” ASR stated in an announcement.

A second sugar refinery within the storm-affected space, the Gramercy unit, a three way partnership of Cargill, Inc. and Louisiana Sugar Growers and Refiners, Inc. was nonetheless with out energy on Thursday.

Farmers and agronomists have been nonetheless evaluating potential losses to sugarcane manufacturing in Louisiana, the second largest producer within the U.S. after Florida. Preliminary studies, nevertheless, point out minor points with the crop.

“The mills thus far have reported minimal harm and principally vitality associated points,” stated Vincent O’Rourke, a sugar analyst with Czarnikow.

“Harvesting shouldn’t begin for a month although so that offers them a while,” he added.

Cane might be blown over by storms. Lodged cane can nonetheless be harvested if it isn’t flooded, however it’s a costlier and harder operation.

If manufacturing is misplaced, the U.S. authorities may open further lower-tax import quotas.

(Reporting by Marcelo Teixeira; Modifying by Leslie Adler and Sandra Maler)

(([email protected]; +1 332 220 8062; Reuters Messaging: [email protected]https://twitter.com/tx_marcelo))

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.





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