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Mackay Sugar
Mackay Sugar is the largest sugar producer in Queensland and second largest sugar producer in Australia. In 2013, Mackay Sugar was inducted into the Queensland Business Leaders Hall of Fame. History Mackay Sugar Limited (MSL) was formed through the merger of the Farleigh, Marian, North Eton, Cattle Creek and Racecourse (where the company is now located) sugar mill co-operatives in 1988 and the acquisition of the Pleystowe Mill in the same year. Each has a history dating back to the late 19th century. Over the ensuing two decades following the merger, a number of the mills were closed while a major refinery now capable of refining 450,000 tonnes was built at the Racecourse Mill in partnership with ED&F Man in 1993. Mackay Sugar is now a 25 per cent shareholder with Wilmar International (75 per cent) in both New Zealand Sugar Company and Sugar Australia Pty Ltd, Australia's largest refiner, purchaser and exporter of raw sugar. In 2012, Mackay Sugar acquired the Mossman Mill, ...
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Queensland
Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south, respectively. To the east, Queensland is bordered by the Coral Sea and the Pacific Ocean; to the state's north is the Torres Strait, separating the Australian mainland from Papua New Guinea, and the Gulf of Carpentaria to the north-west. With an area of , Queensland is the world's List of country subdivisions by area, sixth-largest subnational entity; it List of countries and dependencies by area, is larger than all but 16 countries. Due to its size, Queensland's geographical features and climates are diverse, and include tropical rainforests, rivers, coral reefs, mountain ranges and white sandy beaches in its Tropical climate, tropical and Humid subtropical climate, sub-tropical c ...
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Molasses
Molasses () is a viscous byproduct, principally obtained from the refining of sugarcane or sugar beet juice into sugar. Molasses varies in the amount of sugar, the method of extraction, and the age of the plant. Sugarcane molasses is usually used to sweeten and flavour foods. Molasses is a major constituent of fine commercial brown sugar. Molasses is rich in vitamins and minerals, including vitamin B6, iron, calcium, magnesium, and potassium. There are different types of molasses depending on the amount of time refined, including first molasses (highest sugar content), second molasses (slightly bitter), and blackstrap molasses (the darkest and most robust in flavor). Molasses was historically popular in the Americas before the 20th century as a sweetener. It is still commonly used in traditional cuisine, such as in Madeira Island's traditional dishes. In addition to culinary uses, molasses has industrial applications, such as in the distillation of rum, as an additiv ...
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Companies Based In Queensland
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ..., and For-profit, profit * ...
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S&P Global Platts
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. The business was started with the foundation in 1909 of the magazine ''National Petroleum News'' by Warren C. Platt. S&P Global Commodity Insights is recognized as one of the most significant price reporting agencies for the oil market. Overview From an original focus on the oil industry, S&P Global Commodity Insights gradually expanded its purview to include metals, agriculture, shipping, and all energy-related markets – oil, coal, natural gas, electricity, nuclear power, petrochemicals, renewables, and emissions. Corporate history Warren C. Platt (1883–1963) started the magazine ''National Petroleum News'' in Cleveland, Ohio in 1909. He expanded the business with the publication of the newsletter called ''Platts Oilgram'' in 1923, which went on to be recognized as an influential source for petroleum prices. Th ...
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Nordzucker
Nordzucker AG, headquartered in Braunschweig, Germany, is Europe's second largest sugar manufacturer. The production of sugar, liquid sugars and other specialities for the application in the nutrition, beverage and sweets industry as well as other sugar specialities like refined sugar, icing sugar, lump sugar, preserving sugar, tea sugars, organic sugar and flavoured sugars for consumers are the core business of the company. In addition to that, Nordzucker produces animal feed and bioethanol from sugar beet. In the 2020/2021 financial year, the company produced 2.7 million tons of sugar from sugar beet and 0.7 million tons of sugar from sugar cane. Sales added up to EUR 1.67 billion and net income came to EUR 66 million. History The roots of the company date back to the year 1838, when the Klein Wanzleben plant, the first plant of the company that is still in service today, was founded. The Nordzucker AG was formed by the merger of the Braunschweig-based Zuckerverbund Nor ...
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Ethanol Plant
Ethanol fuel is fuel containing ethyl alcohol, the same type of alcohol as found in alcoholic beverages. It is most often used as a motor fuel, mainly as a biofuel additive for gasoline. Several common ethanol fuel mixtures are in use around the world. The use of pure hydrous or anhydrous ethanol in internal combustion engines (ICEs) is possible only if the engines are designed or modified for that purpose. Anhydrous ethanol can be blended with :gasoline (petrol) for use in gasoline engines, but with a high ethanol content only after engine modifications to meter increased fuel volume since pure ethanol contains only 2/3 the energy of an equivalent volume of pure gasoline. High percentage ethanol mixtures are used in some racing engine applications since the very high octane rating of ethanol is compatible with very high compression ratios. The first production car running entirely on ethanol was the Fiat 147, introduced in 1978 in Brazil by Fiat. Ethanol is commonly mad ...
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Sugarcane
Sugarcane or sugar cane is a species of tall, Perennial plant, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar Sugar industry, production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose, which accumulates in the Plant stem, stalk internodes. Sugarcanes belong to the grass family, Poaceae, an economically important flowering plant family that includes maize, wheat, rice, and sorghum, and many forage crops. It is native to New Guinea. Sugarcane was an ancient crop of the Austronesian people, Austronesian and Indigenous people of New Guinea, Papuan people. The best evidence available today points to the New Guinea area as the site of the original domestication of ''Saccharum officinarum''. It was introduced to Polynesia, Island Melanesia, and Madagascar in prehistoric times via Austronesian sailors. It was also introduced by Austronesian sailors to India and then to Southern China by 500 ...
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Bagasse
Bagasse ( ) is the dry pulpy fibrous material that remains after crushing sugarcane or sorghum stalks to extract their juice. It is used as a biofuel for the production of heat, energy, and electricity, and in the manufacture of pulp and building materials. Agave bagasse is similar, but is the material remnants after extracting blue agave sap. Etymology The word comes from ''bagasse'' (French) and ''bagazo'' (Spanish), meaning ''refuse'' or ''trash''. It originally referred to the material left after pressing olives, palm nuts, and grapes. The word eventually came to be used in the context of processing of plants such as sugarcane and sugar beets. Today, it usually refers to by-products of the sugarcane mill. Description Bagasse is the solid by-product when the liquid components are extracted from plants. Much of the core of those plants is a heterogeneous "pith" fibre. This fibre is primarily parenchyma tissue, along with bast, rind, or stem fibers of the sclerenchyma. Here ...
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Mackay, Queensland
} Mackay () is a city in the Mackay Region on the eastern or Coral Sea coast of Queensland, Australia. It is located about north of Brisbane, on the Pioneer River. Mackay is described as being in either Central Queensland or North Queensland, as these Regions of Queensland, regions are not precisely defined. More generally, the area is known as the Mackay–Whitsunday Islands, Whitsunday Region. Nicknames of Mackay include the Sugar capital, Alexandra and Macktown. The demonym of Mackay residents is Mackayites. Founded in 1862 the settlement was originally known as Alexandra, in honour of Alexandra of Denmark, Princess Alexandra of Denmark, and was later renamed Mackay after John Mackay (Australian pioneer), John Mackay. Sugar became the economic foundation of the city, with plantations using South Sea Islanders that had been Blackbirding, blackbirded as Indentured servitude, indentured labourers or slaves. The trades ending in 1904 roughly coincided with the immigration of S ...
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Cogeneration
Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from electricity generation is put to some productive use. Combined heat and power (CHP) plants recover otherwise wasted thermal energy for heating. This is also called combined heat and power district heating. Small CHP plants are an example of decentralized energy. By-product heat at moderate temperatures ( can also be used in absorption refrigerators for cooling. The supply of high-temperature heat first drives a gas or steam turbine-powered generator. The resulting low-temperature waste heat is then used for water or space heating. At smaller scales (typically below 1 MW), a gas engine or diesel engine may be used. Cogeneration is also common with geothermal power plants as they often produce relatively low grade heat. Binary cycle ...
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Diversification (marketing Strategy)
Diversification is a corporate strategy to enter into or start new products or product lines, new services or new markets, involving substantially different skills, technology and knowledge. Diversification is one of the four main growth strategies defined by Igor Ansoff in the Ansoff Matrix: Ansoff pointed out that a diversification strategy stands apart from the other three strategies. Whereas, the first three strategies are usually pursued with the same technical, financial, and merchandising resources used for the original product line, the diversification usually requires a company to acquire new skills and knowledge in product development as well as new insights into market behavior simultaneously. This not only requires the acquisition of new skills and knowledge, but also requires the company to acquire new resources including new technologies and new facilities, which exposes the organisation to higher levels of risk. Note: The notion of diversification depends on th ...
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Mackay Region
The Mackay Region is a local government area located in North Queensland, Queensland, Australia. Established in 2008, it was preceded by three previous local government areas with modern histories extending back as far as 1869. It has an estimated operating budget of A$118 million. In the , the Mackay Region had a population of 121,691 people. History '' Yuwibara (''also known as ''Yuibera, Yuri, Juipera, Yuwiburra)'' is an Australian Aboriginal language spoken on Yuwibara country. It is closely related to the Biri languages/dialects. The Yuwibara language region includes the landscape within the local government boundaries of the Mackay Region.' Prior to 2008, the Mackay Region was an entire area of three previous and distinct local government areas: * the City of Mackay; * the Shire of Mirani; * and the Shire of Sarina. The city had its beginning in the Mackay Municipality which was proclaimed on 22 September 1869 under the ''Municipal Institutions Act 1864''. Its fi ...
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