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Presentation of the Finasucre Group

The group produces raw, direct consumption raw, white and refined sugar from cane and beet and markets them to industrial clients and to retail outlets in many different types of packaging. It also manufactures an entire line of caramels and specialities. 

It sells renewable energy in the form of electricity; alcohol and molasses; beet pulps and other products used for animal feed.

Through its Galactic subsidiary, Finasucre is a large producer of lactic acid and its derivatives resulting from the fermentation of carbohydrates.

Finasucre is also involved in the engineering and production of equipment for sugar mills.

The group has factories throughout the world: in Belgium, the Netherlands, Congo, Australia, China and the United States.

For the year ended 31 March 2011, the group recorded a turnover of € 372 million and net assets of € 366 million. The group employs 3,270 people worldwide on a permanent basis and about 1,900 people during the campaign to produce 931,287 tonnes of sugar.

As Finasucre is convinced of the future importance of sugar as a source of renewable energy, it plans to develop this new aspect of the business while continuing to expand current uses of natural sweeteners in all of its markets. 

The group operates a concession of 11,698 hectares growing sugar cane in the Democratic Republic of Congo and has 17,400 hectares of arable land in Australia, as well as 4,400 hectares of ground with a development potential.

Finasucre is also diversifying into different real estate property sectors and making direct or indirect investments in companies that represent significant potential for growth.