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Sucro and Santander Sugar Group form Joint Venture for Caribbean Sugar Refinery (CSR) to Boost Regional Cane Sugar production

Newswire.ca - Thu Sep 4, 2025

SAN PEDRO, Belize, Sept. 4, 2025 /CNW/ - Sucro Limited ("Sucro") (TSXV: SUGR) (OTCQB: SUGRF), an integrated U.S. and Canadian sugar refiner and distributor, and Santander Sugar Limited (SSL), a leading Belizean sugar mill at arm's length to Sucro, today announced the formation of a 50/50 operational joint venture, Caribbean Sugar Refinery Limited (CSR). The partnership aims to transform the Caribbean sugar industry by building regional cane sugar refining capacity to serve the CARICOM market from its proposed plant to be developed in Valley of Peace, Cayo, Belize.

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