Despite the challenges currently facing the global sugar industry, a sugar manufacturer has improved its mill efficiency by 30% following the replacement of its steam turbine with an integrated drive system.
In 2012, the global sugar market faced a second year of surplus – reaching a record 10.3 million–ton surplus following a 9.2 million–ton surplus the previous year. Since then, the global sugar industry has grappled with price declines, and sugar prices are expected to continue to fall until 2025. Nevertheless, industry experts do not expect sugar production to decrease because it takes time for cane farmers to switch to other crops, and the prices of other crops are falling as well. To address this challenge, forward-looking sugar manufacturers are seeking to improve asset use, reduce operating costs, enhance sustainability, and increase turnover.