“Can fibre crops add value to the Australian sugar industry?”
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- The Australian sugar industry is an ageing industry that has relied on excellent research and technologies which has reinforced its reputation as a world-renowned sugar producer.
- However, Australian sugar producers have relied on the world export market for sugar and this has been very volatile.
- During the last century, the Australian sugar industry has predominately been a crystal sugar producer, at both production and processing level.
- This report provides insights into opportunities for greater vertical integration and diversification, including an option to add fibre crops to the sector.
- There are strong synergies between sugar cane and fibre crops such as industrial hemp, kenaf and sunn hemp which can deliver value to the industry, providing better utilisation of invested capital.
- There are an impressive multitude of product options that can be produced from fibre crops such as building materials, automotive and aviation components, body armoury, paper, bio-fuels, pharmaceutical, textile and geo-textile products.
- The Australian sugar industry needs to evaluate the direction of its future development and determine if crystal sugar alone can deliver those objectives.