Al Khaleej participates in Gulfood
Dubai, February 23, 2012
Dubai’s Al Khaleej Sugar Refinery, one of the world’s largest stand-alone refinery, has announced its successful participation at Gulfood 2012, the Middle East's biggest annual trade exhibition for the food and beverage industry.
The exhibition witnessed the participation of over 3,800 exhibitors from 83 countries, said a statement from Al Khaleej.
“Gulfood is the perfect platform for us to interact with our customers, partners, new channels and leaders in the FMCG industry. Our participation this year was very successful and comes as part of our commitment to the UAE, the home of our refinery and operations, and to the growth of the local FMCG sector,” said Cyrus Raja, general manager of Al Khaleej Sugar Company.
Al Khaleej Sugar earlier announced the addition of three new large silos for raw sugar with a capacity of 160,000 tons each. The new silos will add up to the existing storage capacity of one million tons.
Moreover, the company has declared plans to increase its production capacity of refined white sugar from a current 6000 tons/ day to 7000 tons/day in the end of 2012.
Al Khaleej Sugar’s storage enhancements plans will allow the company to better deal with demand and supply shocks and variations in pricing, while also offering a buffer to its production and sales departments.
The supply of sugar in bulk in container will give the buyers an alternative method of transportation to suit their requirements.
“Our decision to increase raw sugar storage is to enable us to reduce our raw sugar cost by buying and storing sugar in carry markets,” concluded Raja. –TradeArabia News Service