AGL 37.88 Decreased By ▼ -0.27 (-0.71%)
AIRLINK 128.90 Increased By ▲ 3.83 (3.06%)
BOP 7.22 Increased By ▲ 0.37 (5.4%)
CNERGY 4.56 Increased By ▲ 0.11 (2.47%)
DCL 8.38 Increased By ▲ 0.47 (5.94%)
DFML 38.60 Increased By ▲ 1.26 (3.37%)
DGKC 79.95 Increased By ▲ 2.18 (2.8%)
FCCL 32.01 Increased By ▲ 1.43 (4.68%)
FFBL 73.25 Increased By ▲ 4.39 (6.38%)
FFL 12.31 Increased By ▲ 0.45 (3.79%)
HUBC 109.32 Increased By ▲ 4.82 (4.61%)
HUMNL 14.10 Increased By ▲ 0.61 (4.52%)
KEL 4.97 Increased By ▲ 0.32 (6.88%)
KOSM 7.42 Increased By ▲ 0.25 (3.49%)
MLCF 37.85 Increased By ▲ 1.41 (3.87%)
NBP 70.11 Increased By ▲ 4.19 (6.36%)
OGDC 187.00 Increased By ▲ 7.47 (4.16%)
PAEL 25.03 Increased By ▲ 0.60 (2.46%)
PIBTL 7.42 Increased By ▲ 0.27 (3.78%)
PPL 150.73 Increased By ▲ 7.03 (4.89%)
PRL 25.10 Increased By ▲ 0.78 (3.21%)
PTC 17.08 Increased By ▲ 0.68 (4.15%)
SEARL 81.48 Increased By ▲ 2.91 (3.7%)
TELE 7.49 Increased By ▲ 0.27 (3.74%)
TOMCL 32.55 Increased By ▲ 0.58 (1.81%)
TPLP 8.50 Increased By ▲ 0.37 (4.55%)
TREET 16.47 Increased By ▲ 0.34 (2.11%)
TRG 56.30 Increased By ▲ 1.64 (3%)
UNITY 27.80 Increased By ▲ 0.30 (1.09%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 10,438 Increased By 348.9 (3.46%)
BR30 30,788 Increased By 1279.5 (4.34%)
KSE100 97,629 Increased By 3055.2 (3.23%)
KSE30 30,433 Increased By 988.6 (3.36%)

Algeria's leading private agro-business group Cevital, which runs North Africa's largest sugar refinery, will raise annual output to 800,000 tonnes in January 2008 from 600,000 tonnes now, its CEO said on Monday. "The additional 200,000 tonnes will be sugar liquid," Issad Rebrab told Reuters in an interview.
Rebrab added that in June 2008 the complex in the port town of Bejaia east of Algiers would start up a second unit with a capacity of one million tonnes per year aimed at the export market. He said Cevital planned to start the unit at 70 percent capacity and reach full capacity after two or three months. "We will export most of the output (of the second unit) to eastern Europe, Tunisia, Libya and Sahel countries," Rebrab said.
Most of Cevital's output currently goes to the domestic market. Algeria's annual needs in white sugar are estimated at 1 million tonnes. "We imported 800,000 tonnes of raw sugar in 2007 from Brazil," Rebrab said.

Copyright Reuters, 2007

Comments

Comments are closed.