Ukrros plans to load three sugar refineries in 2009

Ukrros (UROS) plans to load three of the holding’s seven sugar refineries in 2009 to optimize expenditures, the company announced yesterday, according to local news reports. The plants it will exploit this season are the Chertkovsky Sugar Plant in Ternopil, the Orzhitsky Sugar Plant in Poltava and the Tsukrove Plant in Kharkiv. The company said that as of September 30, it had already produced 9 ths mt of sugar from this year’s harvest. Andriy Gostik: The company’s intention to load only three out of its seven plants has to do with its plans to decrease sugar output this year and does not come as a surprise to the market. Ukrros previously announced plans to make 144 ths mt of sugar this year, a decrease of 27.8% yoy.