Sugar Refiners Expand Capacity Amid Surplus, Al Khaleej Says

Sugar refiners will expand capacity by more than 25 percent by 2013 with global production set to exceed demand, according to Abhishek Nanda, trading manager at Dubai’s Al Khaleej Sugar Co., the world’s biggest sugar refiner.

Refining capacity will expand by about 3.8 million metric tons by 2013, from a base of about 14.5 million tons, Nanda said today at an International Sugar Organization conference in London. Refiners will need to be more efficient to survive, he said. Demand grew 2.4 percent to 2.5 percent this year, he said.

To contact the reporter on this story: Isis Almeida in London at

To contact the editor responsible for this story: Claudia Carpenter in London at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.