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Tuesday, 20 February 2018

Al Nouran Sugar to inaugurate first phase at new EGP 3.5 bn Sharqia facility in April

Al Nouran Sugar is expecting to inaugurate the first phase of its new EGP 3.5 bn sugar facility in Sharqia in April, Chairman Ashraf Mahmoud said, according to Al Borsa. Production is set to begin with the sugar beets harvest season, with the first phase of the project expected to have an annual production capacity of 300k tonnes. The facility’s four phases will be complete by 2025, and will have a total production capacity of 1.2 mn tonnes per year. The company also has plans to continue adding new production lines and export its surplus production, Mahmoud said, without providing further details.

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