BusinessNews

Komenda Sugar Factory to refine raw sugar: Arrangements concluded for molasses import

Sugar Factory

The Komenda Sugar Factory (KSF) will start the processing of unrefined sugar, and molasses until it is able to grow raw materials on its own to feed the plant.

Management has almost concluded arrangements to import molasses to refine at the factory.

The refining of sugar would augment the processing of sugar from local farmers who would supply sugarcane to the factory.

Until the factory is able to get its full raw material supply, management is working on importing unrefined sugar to be refined at the factory to augment production.

A member of the Board of Directors of the factory and Municipal Chief Executive (MCE) for Komenda-Edina-Eguafo-Abrem (KEEA), Solomon Ebo Appiah, has disclosed that the measure was an alternative plan to ensure sugar was produced in the country at a relatively cheaper cost.

He indicated that a lot of work had been done to get the factory to restart production, saying although the timelines were not exact due to unforeseen technical contingencies, the factory was ready to start production soon.

It could be recalled that in 2016, the government secured a $35-million Indian Export-Import (EXIM) Bank loan to set up the KSF.

An additional $24 million facility was set aside to support out-grower farmers.

The factory was commissioned on May 31, 2016, by former President John Dramani Mahama to produce sugar, but it became stillborn due to a multiplicity of factors that were described as “technical and operational challenges”.

Tags

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button
Close
Close