The sugar demolition derby
The plant has traditionally been maintained to a high standard, with significant capital investment (€25m last year alone) made in recent times. But it now has a price on its head; even if it is only partially dismantled, and converted for ethanol, Greencore and growers stand to lose €36.4m.
On the one hand the EU is paying out hundreds of millions for sugar quota to be given up and factories dismantled in Ireland (the only country which will no longer produce any sugar), Italy, Denmark, Sweden, Finland, and Lithuania.
