AIRLINK 195.29 Increased By ▲ 3.45 (1.8%)
BOP 10.16 Increased By ▲ 0.29 (2.94%)
CNERGY 7.85 Increased By ▲ 0.18 (2.35%)
FCCL 38.41 Increased By ▲ 0.55 (1.45%)
FFL 15.89 Increased By ▲ 0.13 (0.82%)
FLYNG 25.25 Decreased By ▼ -0.06 (-0.24%)
HUBC 131.25 Increased By ▲ 1.08 (0.83%)
HUMNL 13.97 Increased By ▲ 0.38 (2.8%)
KEL 4.68 Increased By ▲ 0.01 (0.21%)
KOSM 6.30 Increased By ▲ 0.09 (1.45%)
MLCF 45.30 Increased By ▲ 1.01 (2.28%)
OGDC 210.61 Increased By ▲ 3.74 (1.81%)
PACE 6.70 Increased By ▲ 0.14 (2.13%)
PAEL 41.24 Increased By ▲ 0.69 (1.7%)
PIAHCLA 17.84 Increased By ▲ 0.25 (1.42%)
PIBTL 8.13 Increased By ▲ 0.06 (0.74%)
POWER 9.35 Increased By ▲ 0.11 (1.19%)
PPL 181.60 Increased By ▲ 3.04 (1.7%)
PRL 40.35 Increased By ▲ 1.27 (3.25%)
PTC 24.68 Increased By ▲ 0.54 (2.24%)
SEARL 110.81 Increased By ▲ 2.96 (2.74%)
SILK 0.98 Increased By ▲ 0.01 (1.03%)
SSGC 38.69 Decreased By ▼ -0.42 (-1.07%)
SYM 19.18 Increased By ▲ 0.06 (0.31%)
TELE 8.72 Increased By ▲ 0.12 (1.4%)
TPLP 12.43 Increased By ▲ 0.06 (0.49%)
TRG 66.40 Increased By ▲ 0.39 (0.59%)
WAVESAPP 12.51 Decreased By ▼ -0.27 (-2.11%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.94 Decreased By ▼ -0.01 (-0.25%)
BR100 12,079 Increased By 148.7 (1.25%)
BR30 36,124 Increased By 464.7 (1.3%)
KSE100 114,779 Increased By 1572.4 (1.39%)
KSE30 36,081 Increased By 515.4 (1.45%)

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.