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ILLOVO SUGAR LTD.

Companycountry flagSouth Africa
Address:ILLOVO SUGAR PARK
Main Products:CHAIRLADDERTHERMOWELLSTARTERLED
Introduction:The company, with registered office address in Durban, South Africa, is engaged in the production and marketing of sugar. The company was incorporated in 1906.<br>It is a leading and global sugar producer and a significant manufacturer of downstream products. It is Africa's biggest sugar producer and has extensive agricultural and manufacturing operations in six African countries. The company supplies sugar and downstream products to domestic, regional and export markets. The majority of downstream products are sold internationally into niche markets. Its downstream products include furfural, furfuryl alcohol, crop guard, diacetyl, 2.3-pentanedione, ethyl alcohol, lactulose and syrup. Furfural and its derivatives, including Crop Guard, an emulsifiable concentrate for the control of nematodes in the soil, are produced at the Sezela mill complex on the south coast of KwaZulu-Natal, whilst ethyl alcohol, from which various grades of alcohol are made, is produced at the Merebank plant near Durban and at the Glendale distillery on the north coast. Lactulose is manufactured at Merebank, whilst syrup and specialty sugars are produced in South Africa and Zambia. In Malawi, specialty sugars are produced for preferential markets in Europe and in the United States of America. The company's sugar range is consists of refined (white) sugar or the unrefined (brown) sugar. The company's sugar is consumed by the following sectors: biscuit manufacturers, alcoholic beverage manufacturers, the dairy and ice-cream industry, carbonated beverages producers, sweets and chocolate industry, squash and cordial manufacturers and pharmaceutical industry. Its syrups, on the other hand, are used in cooking, baking, as a spread or even as a topping for dessert and are available in both a 500g and 1kg size bottles. Syrup has applications in the following industries: biscuit manufacturing, breakfast and health industry, dairy and ice-cream, food manufacturing and processing, tobacco curing, and animal feeds.<br>It has an annual cane production of approximately 5.5 million tons from the agricultural estates in South Africa, Malawi, Zambia, Swaziland, Tanzania and Mozambique. Annual sugar output amounts to approximately 1.9 million tons comprising 900, 000 tons produced in South Africa, 270, 000 tons in Malawi, 250, 000 tons in Zambia, 230, 000 tons in Swaziland, 140, 000 tons in Tanzania and 70, 000 tons in Mozambique.<br>The company is a major supplier of sugar to African consumer and industrial markets, particularly in its own countries of operation. In Malawi, Illovo Sugar is the country's sole sugar producer and in Zambia, manufactures 94 percent of all local production. The company's share of industry production in South Africa is 36 percent, in Tanzania is 52 percent and in Mozambique is 28 percent. It has significant and increasing access to preferential markets in the European Union and the United States, whilst the African operations outside South Africa also have access to the South African Customs Union market in terms of the Southern African Development Community (SADC) Sugar Protocol on Trade. Sugar in consumer packs is supplied into other regional markets within Africa. The company, through the South African, Swaziland and Mozambique industries, also exports sugar into the world free market.<br>The company's primary objectives are the following: to enhance the wealth of shareholders by optimizing the long-term returns and growth of the business; to be a world-class organization and among the most efficient and lowest-cost producers in the world; and to achieve a balanced and integrated economic, social and environmental performance.
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