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Egypt’s Al Nouran sugar to start operations in May

February 13, 2017 10:15 am


Egypt’s Al Nouran sugar production facility is due to start operations in May, the company’s vice president for sugar sales said on Sunday.

The refinery, located in Sharkiya governorate, will have a total production capacity of around 600,000 tonnes annually.

“Of that we will produce 280,000 tonnes of white sugar from beet during the season and another 350,000 tonnes from raw sugar,” Ahmed Abdel Moenim Sayer Dayer told Reuters on the sidelines of the Dubai Sugar Conference.

The facility will be the largest beet sugar production line in Egypt at 14,000 tonnes a day capacity. It will import 350,000 tonnes of raw sugar annually from Brazil to process, as well as local beet.

The beet season in Egypt runs from the end of January to May or mid-June.

The North African country, which depends on the Nile for almost all its water, is trying to expand sugar beet planting as it consumes less water than cane.

Beet is mostly grown in the Nile Delta region while cane sugar is grown in southern Egypt.

Al Nouran will source its beet through contracts with farmers or through renting agricultural land that it will plant.

The refinery’s production will roughly be 70 percent for local consumption and 30 percent for exports.

Egypt consumes about 3 million tonnes of sugar per year, with a mix of private and public sector imports making up for its production shortfall.

Sugar had become scarce in Egypt in recent months and the government took control of stocks to counter what it said was an epidemic of hoarding by merchants reacting to rising prices amid a shortage of foreign currency.

Production is expected at 2.4 million tonnes in the coming season.

Al Nouran is 85 percent privately owned and 15 percent by the government’s sugar and integrated industries company SIIC.

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By Reuters
A division of Thomson Reuters, Reuters is an international news agency headquartered in London, England, and provides up-to-the-minute news and views on global and regional events.



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