Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Sugar Refiners Expand Capacity Amid Surplus, Al Khaleej Says

Nov. 30 (Bloomberg) -- 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 ialmeida3@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter in London at Ccarpenter2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.