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Farewell Fairymead
Posted on Friday, August 07 @ 18:18:12 EST by Jason
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It rode out the high and lows of the region’s sugar industry for more
than a century, but yesterday a piece of Bundaberg history came
crashing down. (Original Article http://www.news-mail.com.au/story/2009/08/07/history-takes-a-tumble/)
Amid the dying rays of the afternoon sun, the stack at Fairymead mill was toppled by demolition experts.
The removal of the mill and the last of its plant for scrap came with a
message from Bundaberg Sugar, which has been injecting millions into
its Millaquin mill to improve its competitive edge.
"We want to ensure we don’t have to close any more factories in the region," said Bundaberg Sugar general manager Ray Hatt.
"We have to do everything we can to stay competitive."
Fairymead was established in 1880, and the first crop was harvested two years later.
In 1972, its name changed to Bundaberg Sugar Co Ltd and nearly three
decades later the company crushed a record 6.12 million tonnes.
Since then, the crush has waned and poor world sugar prices in recent years have continued the damage.
This year, the region’s crush is just under 1.6 million tonnes —
something Mr Hatt says is threatening the future of another historic
mill, Bingera, which opened in 1885.
The company, working with Canegrowers and Queensland Sugar, wants to turn the tide in this region, and increase the crush.
They have put in place a forward pricing scheme that guarantees growers
a three-year rolling supply contract with Bundaberg Sugar.
It is riding on the back of a surge in world sugar prices, up from around $250 a tonne a year ago to $480 now.
Canegrowers Bundaberg chairman Allan Dingle is urging landholders to
turn fallow paddocks over to cane — even areas as small as 20ha.
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Re: Farewell Fairymead (Score: 1)
by Brett on Saturday, August 08 @ 11:03:14 EST
(User Info | Send a Message) | | Another sad day for the sugar industry. |
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