News International Sugar Journal

Egypt – Sugar Delta Company to invest $28 million to expand capacity at its Al Hamoul factory [Registered]

The Egyptian Delta Sugar Co. will invest 200 million Egyptian pounds (U$ 28 million) to expand capacity at its Al Hanoul factory from 15,000 to 17,500 tonnes sugar per day, reports Agency Ecofin. Forty percent will be financed by the company and the rest will come shareholders’ funds. The investment comes as sugar prices begin to rebound. Delta Sugar Co, which was established in 1978, is listed on the Egyptian Exchange since 1992.…

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