Faced with a challenge from a sugar refinery client struggling to meet high demands for verified sustainable unrefined sugar, we tapped into our VIVE Sustainable Supply Programme.
Services included: Sustainability, Trading
Geographies: Thailand, Brazil, Middle East and North Africa (MENA)
Impact: Over 150,000 metric tonnes of sustainable sugar traded
One of our clients – a sugar refinery – did not achieve VIVE Claim Level in its first VIVE Sustainable Supply Programme assessment because of outdated technology being used on their boiler system. They were unable to provide the necessary emissions data to ensure they weren’t exceeding limits.
“CZ Advise was pivotal in helping KTM complete this transaction. Through the team’s deep understanding of the local Indonesian sugar market and CZ’s long-standing wider relationships with P.T Kebun Tebu Mas (KTM) and Mitr Phol Group, both parties were able to reach an agreement that met the strategic goals of both groups.” Susianti Ateng, Executive Officer of P.T Kebun Tebu Mas (KTM)“
Services included: Corporate Finance
Geographies: Indonesia, Thailand
P.T Kebun Tebu Mas (KTM), a sugar producer in Indonesia, wanted to divest a portion of its assets (a mill and a refinery) to raise capital to support its business expansion. KTM approached CZ to assist in valuing the asset and to connect them with potential investors.