News International Sugar Journal

Kenya – Omnicane acquires 25% stake in the Kwale project [Registered]

Omnicane has bought a 25% stake in the Kwale International Sugar Company (Kiscol) project for $20 million. This includes both its plantation and factory which is expected to be up and running by 2014, reported Reuters. Mauritius-based Omnicane said that by mid-2013 the $200 million Kiscol project will boast greenfield 5000 hectare sugarcane plantation with accompanying roads, irrigation and other infrastructure. By February 2014, project’s sugar factory is expected to be operational with a capacity to crush 3,000 tonnes of cane per day and cogenerate 18MW from bagasse-based power plant. At a later date, a 30,000 litre bioethanol distillery will…

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