About the Company
About the Company
The company’s factories are located on the Al-Bustan Canal, east of the Cairo–Alexandria Desert Road at kilometer 129 from Cairo, approximately 30 km north of Wadi El Natrun and 25 km south of New Nobaria City, within Beheira Governorate.
Capital
The authorized capital amounts to EGP 1 billion, while the issued and paid-up capital is EGP 500 million, divided into 50 million shares with a nominal value of EGP 10 per share, with 100% Egyptian ownership.
Shareholders
The shareholders consist of national companies, banks, and insurance firms, namely:
- Holding Company for Food Industries – 10%
- Egyptian Sugar and Integrated Industries Company – 15%
- Delta Sugar Company – 30%
- Dakahlia Sugar Company – 10%
- Misr Insurance Company – 10.73%
- National Investment Bank – 10%
- Misr Life Insurance Company – 9.27%
Project Investment Cost
The total investment cost of the project is estimated at EGP 850 million, fully financed by Egyptian national companies, banks, and insurance firms. This represents a model investment compared to similar projects, which currently cost no less than EGP 2 billion.
Project Objectives
The project aims to produce:
- 125,000 tons of white sugar.
- 125,000 tons of refined sugar.
- 55,000 tons of molasses.
- 60,000 tons of animal feed.
Company Activities
- Establishing and operating a factory for producing white sugar from sugar beet.
- Refining raw sugar of all types.
- Developing complementary industries based on sugar, molasses, and sugar beet by-products.
- Packing and packaging of the company’s products only.
- Managing agricultural projects on lands owned, leased, or cultivated in partnership, to grow sugar beet and other summer crops, with the purpose of securing the raw materials required to operate the factory at full capacity.
