Rogers Sugar is pushing back the completion date of its Lantic refinery upgrade in Montreal because of slowing demand for its product.
Rogers Sugar Inc. RSI-T is pushing back completion of a $300-million modernization project at its aging Lantic refining factory in Montreal as growth in demand for the sweet stuff in Canada tapers off to more historic levels.
The Vancouver-based company said Thursday it will delay the commercial start of the revamped facility by about six months, to the summer of 2027. The projected cost for the work remains unchanged.
“There’s not as much pressure right now as there was when we launched the project,” chief financial officer Jean-Sébastien Couillard said in an interview. He said the company has seen domestic demand growth of 3 per cent or more in recen

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