August 22, 2017 5:03 AM ET

Food Products

Company Overview of Mackay Sugar Limited

Company Overview

Mackay Sugar Limited produces and sells sugar in Australia. The company offers refined and raw sugar, syrups, molasses, bagasse, and mill mud/ash. It also markets and trades in raw sugar and related financial products; and generates electricity from bagasse. Mackay Sugar Limited was formerly known as Mackay Sugar Co-operative Association Limited and changed its name to Mackay Sugar Limited in July 2008. The company was founded in 1988 and is based in Mackay, Australia.

Racecourse Mill

Level 1

Peak Downs Highway

Racecourse via Mackay

Mackay, QLD 4741

Australia

Founded in 1988

927 Employees

Phone:

61 7 4953 8300

Fax:

61 7 4953 8340

Key Executives for Mackay Sugar Limited

Chief Executive Officer
Chief Financial Officer
Company Secretary
General Manager of Cane Supply & Logistics
General Manager of Mossman Mill
Compensation as of Fiscal Year 2017.

Mackay Sugar Limited Key Developments

Mackay Sugar Limited Looks To Sell Its Co-Generation Plant

Mackay Sugar Limited is reportedly seeking a buyer for its $100 million-odd co-generation plant, hiring advisers and preparing potential buyers for an upcoming sale, according to Street Talk.

Mackay Sugar To Sell Mossman Sugar Mill In Far North Queensland

Mackay Sugar Limited is to sell Mossman sugar mill in Far North Queensland. Mackay Sugar has announced it will sell one of its mills. Mackay Sugar has moved to offload a number of assets and it has recently announced that will include one of its most recent acquisitions, the Mossman sugar mill in Far North Queensland. Chairman Andrew Cappello has revealed he has started talks with far-north Queensland growers about the possibility of them buying back the mill.

Mackay Sugar Announces Executive Changes

Mackay Sugar announced the appointment of Jason Lowry to the position of Chief Executive Officer effective September 15, 2015. Mr. Lowry replaces outgoing CEO, Quinton Hildebrand, who announced his decision to stand down from the role in April 2015. Mr. Lowry has been a key member of the Mackay Sugar management team for over three years. He is currently the General Manager Milling Operations and is responsible for managing Mackay Sugar's three Mackay mills, the Racecourse Cogeneration (renewable energy) Plant, and diversification and business improvement initiatives. Prior to joining Mackay Sugar in early May 2012, Mr. Lowry was Director of Factory Operations at American Crystal Sugar Company where he was responsible for the beet sugar company's five production facilities. His career spans more than 18 years in managerial roles at global companies such as Cargill and Sidney Sugars Incorporated.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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