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Sucro Limited(SUG-X)
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Sucro Announces Plans for New Cane Sugar Refinery in Chicago Adding New Specialty Domestic Capacity to Growing and Underserved U.S. Market

Newswire.ca - Tue Feb 20, 8:15AM CST

CORAL GABLES, Fla., Feb. 20, 2024 /CNW/ - Sucro Limited (TSXV: SUG) ("Sucro" or the "Company"), an integrated sugar company focused primarily on serving the North American market, today announced plans to construct a new cane sugar refinery in the Greater Chicago Area to address the growing and underserved U.S. sugar market. Once complete, the new refinery will have a similar scale to the Company's Lackawanna facility in Western New York. The new refinery will have significant value-added specialty sugar capabilities, including large grain crystals used in specialty foods and confectionery, an integrated brown sugar line, specialty liquid production and organic sugar refining capabilities. Start-up and initial production are expected in 2026.

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