World’s largest sugar distributor opens silo at port of Maputo

18 September 2006

Maputo, Mozambique, Sept 18 – ED&F Man Holdings, the biggest world sugar distributor, will inaugurate a new sugar silo in December at the port of Maputo to strengthen its export capacity from southern Africa, a company source has announced.

The news was given in London by the head of ED&F’s sugar division, Philip de Pass, and comes on the heels of the announcement last week of the opening of a new sugar silo in Maputo’s main port by a consortium from South Africa, Mozambique, Swaziland and Zimbabwe with a storage capacity of 50,000 metric tons.

ED&F’s 10,000 square meter silo will have a storage capacity of 30,000 tons of sugar.

The Maputo authorities predict that Mozambique’s annual sugar production will increase by 38 percent in the next four years to 360,000 tons.

The sector’s production in 2005 reached 2.2 million tons of cane, over 265,000 tons of sugar and 81,000 tons of molasses from a total harvest area of about 31,000 hectares.

Other countries in the region, especially Swaziland, are also investing to boost their production capacity in a bid to take advantage of the ending of European Union import tariffs expected in 2009. (macauhub)