Suedzucker plans to close Gross Gerau, Regensburg plants |
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Published
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Wed, 21 Mar 2007 11:40
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FRANKFURT (AFX) - Suedzucker AG said it plans to close its Gross Gerau and Regensburg plants, because of worsening prospects for its business as a result of European Union sugar market reforms.The German sugar producer did not set a date for the plant closures, but it said the matter will be decided at a May supervisory board meeting.alfred.kueppers@thomson.comamk/hjp//cmrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Suedzucker rating outlook cut to negative from stable - S&P 