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Mackay Sugar

OVERALL

Owned
GER
Rating
No rating

Sugar manufacturer

One of Australia's largest sugar cane producing and sugar manufacturing companies, owned by 1100 canegrower shareholders and operating four sugar factories in Queensland. Mackay Sugar was formed in 1988 as a co-operative. In 2008 they became a restricted public company. Owns 25% of Sugar Australia. In 2019 Nordzucker acquired a 70% stake.

Company Ownership

Mackay Sugar Ltd   AUS     website   email      
  Nordzucker AG   
   owns 70% of Mackay Sugar Ltd  
GER     website   email      

Sugar manufacturer

Europe's second largest sugar manufacturer. Acquired 70% of Australia's Mackay Sugar Ltd in 2019.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Mackay Sugar Ltd
Environment Govt grant to reduce energy costs
In September 2011, senior management presented a proposal to the company's board on ways to reduce carbon emissions and improve energy efficiency across its Farleigh, Marian and Racecourse mills in Queensland. Thanks to a $9.1 million grant from the Australian Government's Clean Technology Food and Foundries Investment Program, Mackay Sugar can put its plans into action.
Source: Australian Government (2013)
Business Ethics Bonsucro member
This company is a member of Bonsucro - Better Sugar Cane Initiative, a global non-profit, multi-stakeholder organisation fostering the sustainability of the sugarcane sector through its leading metric-based certification scheme and its support for continuous improvement for members.
Source: Bonsucro (2019)
Business Ethics No tax paid in 2016/7
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2018)
Nordzucker AG
Business Ethics Sustainable Agriculture Initiative member
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
Source: SAI Platform (2019)
Business Ethics Bonsucro member
This company is a member of Bonsucro - Better Sugar Cane Initiative, a global non-profit, multi-stakeholder organisation fostering the sustainability of the sugarcane sector through its leading metric-based certification scheme and its support for continuous improvement for members.
Source: Bonsucro (2019)

> About the Icons

Company Details

Type Public company
Revenue $402 million in 2010
Employees 530 in 2005 in Australia
Aus Manufacturing Yes
Subsidiaries Sugar Australia Pty Ltd (25% owned) 

Sugar manufacturer

The Australian sugar industry produces 5.2 million tonnes of raw sugar annually and 85 per cent of this is exported. 75 per cent owned by Wilmar, the world's biggest palm oil trader. Distributes and markets stevia sweetener products under an agreement with GLG Life Tech.


Tully Sugar Ltd (27% owned) 

Sugar millers

Contact Details

Address Racecourse Mill, 26277 Peak Downs Highway, Racecourse, Qld, 4740, Australia
Phone 07 4953 8200
Fax 07 4953 8340
Email feedback@mkysugar.com.au
Website www.mkysugar.com.au

Products / Brands

Sugar Australia (25% owned)
CSR Topping & Syrup
CSR (sucrose) Sugar & Sweeteners
CSR Golden Syrup Honey


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