Formerly | Rogers Sugar Income Fund |
---|---|
Company type | Public |
TSX: RSI | |
Industry | Sugar, Sweeteners, Maple Syrup, Maple Sugar/Flakes, Maple Treats |
Headquarters | 4026 Rue Notre-Dame Montréal, Québec H1W 2K3 |
Key people | Dallas Ross, Chairman Michael Walton, President and CEO Mike Walton, COO Jean-Sébastien Couillard, VP of Finance and CFO Patrick Dionne, VP Operations & Supply Chain |
Number of employees | 700 |
Divisions | Lantic Sugar, Rogers Sugar, The Maple Treat Corp, Decacer |
Subsidiaries | Lantic Inc. |
Website | www |
Rogers Sugar Inc. is the Canadian holding company of Lantic Inc., which was established in June 2008 after the merger of Lantic Sugar Limited operating in Montreal, QC (Eastern Canada) and Rogers Sugar Ltd. (operating in Western Canada). It is the largest refined sugar distributor in Canada. [1] Established as Rogers Sugar Income Fund in October 1997, the income trust was converted to a regular corporation named Rogers Sugar Inc. in January 2011. [2]
The merged entity of today initially began as separate companies on both the east coast and west coast of Canada. The original Rogers Sugar company was established in Vancouver as the British Columbia Sugar Refining Company in 1890 by its American-born founder, Benjamin Tingley Rogers, [3] whose father was president of E.J. Gay’s Sugar of New Orleans.
Atlantic Sugar Refineries was established in 1912 from the merger of three sugar refineries, including Acadia Sugar Refining Co. (established 1893 in Halifax), [4] [5] and later renamed as Lantic Sugar Limited. The company was owned from 1981 to 1990 by Steinberg's. In 1984, Lantic Sugar acquired St. Lawrence Sugar, which had been established in 1888 in Montreal. [5] Lantic Inc. was created from the merger of Rogers Sugar and Lantic Sugar on June 30, 2008.
On September 28, 2023, 135 employees at the Vancouver refinery walked off the job after issuing a 72-hour strike notice. They had been attempting to negotiate with the employer for six months after their contract had expired. The employer was demanding major concessions in terms of hours of work and benefits. The previous year had the highest EBITDA balance recorded in the company's history. [6]
The combined company operates the following facilities: [7]
Sucrose, a disaccharide, is a sugar composed of glucose and fructose subunits. It is produced naturally in plants and is the main constituent of white sugar. It has the molecular formula C
12H
22O
11.
A refinery is a production facility composed of a group of chemical engineering unit processes and unit operations refining certain materials or converting raw material into products of value.
Falconbridge Nickel Mines Limited was a Canadian mining company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. In 1982 the company was renamed Falconbridge Limited. It was listed on the TSX and NYSE (FAL), and had revenue of US$6.9 billion in 2005. In August 2006, it was absorbed by Swiss-based mining company Xstrata, which had formerly been a major shareholder. On 28 October 2007, Falconbridge Limited changed its name to the Xstrata Canada Corporation.
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Tate & Lyle PLC is a British-headquartered, global supplier of food and beverage products to food and industrial markets. It was originally a sugar refining business, but from the 1970s, it began to diversify, eventually divesting its sugar business in 2010. It specialises in turning raw materials such as corn and tapioca into ingredients that add taste, texture, and nutrients to food and beverages. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
A sugar refinery is a refinery which processes raw sugar from cane or sugar extracted from beets into white refined sugar.
Golden syrup or light treacle is a thick, amber-coloured form of inverted sugar syrup made by the process of refining sugar cane or sugar beet juice into sugar. It is used in a variety of baking recipes and desserts. It has an appearance and consistency similar to honey, and is often used as a substitute where honey is unavailable.
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Benjamin Tingley Rogers was an American businessman who was the founder of British Columbia Sugar in Vancouver, British Columbia, Canada.
The sugar industry of the United States produces sugarcane and sugar beets, operates sugar refineries, and produces and markets refined sugars, sugar-sweetened goods, and other products. The United States is among the world's largest sugar producers. Unlike most other sugar producing countries, the United States has both large and well-developed sugarcane and sugar beet industries. Refined sugarcane, processed sugar beet, and high-fructose corn syrup are all commonly used in the U.S. as added sugars to sweeten food and beverages.
A beet sugar factory, or sugar factory, is a type of production facility that produces sugar from sugar beets or alternative plants to sugarcane in making refined sugar. Nowadays, most sugar factories also act as a sugar refinery. The first beet sugar factory was built in 1802.
The Wester Suikerraffinaderij or Wester Sugar Refinery, was a major sugar refinery in Amsterdam founded by the company Wester Suiker-Raffinaderij N.V. The sugar refinery became part of the Centrale Suiker Maatschappij (CSM) in 1919 and was closed down in 1965. The public company Wester Suikerraffinaderij N.V., which held shares in CSM, survived into the 1990s.