The Sugar Industry’s Sweet Victory
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I want to share something interesting about what I read today. It’s about how Dubai-based Al Khaleej Sugar Co., proprietor of the world's biggest sugar processing plant has won endorsement to construct a manufacturing plant in Spain, broadening its scope past the MENA locale.. In fact, The organization intends to begin development of the plant in Merida one year from now, said Managing Director Jamal Al-Ghurair. The understanding between its Iberica Sugar Co. unit and Spanish specialists were also being hyped about it..
It’s amusing how the new
plant will require a speculation of about €500 million ($590 million) and will
create as much as 900,000 metric huge loads of sugar a year. Looking at it,
activities are required to start in 2024, he said. For me, Al Khaleej, which
benefits from refining crude sugar and rearranging it in the MENA district, has
confronted rising contest from the EU and India as of late.
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