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Sugat to Export Sugar to Morocco
Reported: 12:57 PM - Feb/21/10
(IsraelNN.com) Israeli sugar maker Sugat will begin exporting sugar from Israel, with the first exports to be sent to Morocco, after the company signed an agreement with a company there. The first shipment will be for 100,000 tons of sugar, worth about $80,000. The sugar will be packed for the Moroccan company distributing it, and will bear a "made in Israel" label. This is Sugat's first export deal ever.
Israel's sugar market in 2009 was worth about NIS 350 million, with Sugat's market share at 77%. The company opened a new processing plant in Kiryat Gat in 2009, which can produce 400,000 tons of refined sugar a year.
Reported: 12:57 PM - Feb/21/10
(IsraelNN.com) Israeli sugar maker Sugat will begin exporting sugar from Israel, with the first exports to be sent to Morocco, after the company signed an agreement with a company there. The first shipment will be for 100,000 tons of sugar, worth about $80,000. The sugar will be packed for the Moroccan company distributing it, and will bear a "made in Israel" label. This is Sugat's first export deal ever.
Israel's sugar market in 2009 was worth about NIS 350 million, with Sugat's market share at 77%. The company opened a new processing plant in Kiryat Gat in 2009, which can produce 400,000 tons of refined sugar a year.
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