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.
|Mackay Sugar Ltd||AUS||website|
| Nordzucker AG
owns 70% of Mackay Sugar Ltd
|Mackay Sugar Ltd|
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 2013][More on Climate Change]
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 2017][More on Multi-Stakeholder Initiatives]
According to data released by the Australian Tax Office in Dec 2015, this company was one of 579 local and foreign-based companies that paid no tax in Australia in 2013-14. 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 2015][More on Finance]
|No assessment data currently available for Nordzucker AG|
|Company Structure||Public company|
|Revenue||$402 million in 2010|
|# Employees||530 in 2005 in Australia|
|Company Ranking||876 in top 2000 Australian companies|
|Subsidiaries||Sugar Australia Pty Ltd (25% owned)
Tully Sugar Ltd (27% owned)
|Address||Racecourse Mill, 26277 Peak Downs Highway, Racecourse, Qld, 4740, Australia|
|Phone||07 4953 8200|
|Fax||07 4953 8340|