Allocating about 3 billion pounds to implement investment projects in the Sugar Corporation

Homs-Sana

In its investment plan for the current year, the General Sugar Corporation in Homs allocated funds worth 2 billion and 939 million pounds in order to modernize and develop the production process.

Engineer Saad Al-Din Al-Ali, Director General of the Foundation, said in a statement to SANA Economic Bulletin that the investment plan projects for the current year include the implementation of the process of supplying the Homs Sugar Company with new machines at a cost of 920 million Syrian pounds, including a red sugar separator, a Vacom filter number 2, a machine for cutting and packaging soft yeast, installing a drying and sifting unit and my cooker. sugar.

He said that SYP 2 billion and 19 million were allocated to implement investment projects in the Tal Salhab Sugar Company, including the rehabilitation of the lime kiln, the control system, the networking project and lighting the company with renewable energy, while SYP 2,753 million was spent during the past year.

Regarding the Corporation’s plan to import raw red sugar and manufacture it in Homs Sugar Company, Al-Ali explained that a plan was drawn up to import 75,000 tons of sugar, which if manufactured would result in 69,000 tons of white sugar and 3,000 tons of Milas, indicating that a plan was drawn up to manufacture 263,000 tons. Tons of sugar beet in Tal Salhab Sugar Company will produce more than 24 thousand tons of white sugar, about 12 thousand tons of millas and 53 thousand tons of wet beet bagasse.

The sales of Homs Sugar Company last year exceeded 13.8 billion pounds, while the profits achieved during the same period amounted to 2.7 billion pounds.

 Abdul Hamid Junaidy

SANA Economic Bulletin

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