QUEENSLAND SUGAR LIMITED’s Managing Director and Chief Executive Officer, Greg Beashel, issued the following statement today:
Dear Grower — Yesterday afternoon, QSL issued Wilmar with our formal response to the On-Supply Agreement (OSA) documentation provided to us to date. While the agreement is well advanced, there are a number of material issues which QSL has proposed changes to resolve, and we are keen to progress these with Wilmar as soon as possible. Similarly, we will review the outstanding Commingling Agreement, an important document which is referenced within the OSA, as soon as it is received from Wilmar.
Like you, we are acutely aware that it is now nearly five weeks since we reached high-level agreement on the OSA through mediation, and so getting this contract finalised with Wilmar remains our top priority. In the interim, we ask that Wilmar Growers considering using QSL for marketing and pricing services return their pre-registration paperwork so we can streamline your access to QSL Marketing Choice once the OSA is finalised. You can find this form on our website: www.qsl.com.au.
In other Marketing Choice news, we have also been advised that the Federal Government’s new Sugar Industry Code of Conduct has been released and comes into effect today. We are currently working through the detail of this, but hope that we can continue to secure commercially negotiated access to Marketing Choice wherever possible.
In closing, I want to let Wilmar Growers know that we share your frustration at your inability to access your right to Marketing Choice today. We want you to choose QSL and we continue to do everything in our power to enable this.