KSC considers sweetening sugar closures with bio venture
The National Sugar Corporation (KSC) plans to produce bio-components and process lucerne in former sugar mills, for which the company will receive an EU subsidy. "We were approached by a company wanting on processing lucerne. KSC would be a shareholder and we would receive aid from the European Union," said Stanisław Kalinowski, KSC management board member. One such company is French giant France Luzerne but, "We do not know yet whether the French would be interested, as business negotiations are still ahead of us. So far we have been using an intermediary," explained the head of KSC restructuring department Andrzej Potrykus. The company has not yet prepared a feasibility study of either project, but it has already decided to launch the process before withdrawing. (Puls Biznesu, pp. 1, 7) M.M.