Al Khaleej Sugar says operating at 70% capacity
DUBAI - Dubai's Al Khaleej Sugar is operating at 70% capacity and the Middle East has a 60% overcapacity, the company's managing director, Jamal al-Ghurair, said on Tuesday during the Dubai Sugar Conference.
He added that there were no plans yet to export sugar to Syria, after the war-ravaged country saw a new administration take over following the ouster of President Bashar al-Assad on December 8.
Al Khaleej Sugar operates the world's largest port-based refinery of the sweetener.
(Reporting by Mohamed Ezz and Maha El Dahan, Editing by Louise Heavens)
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