Yemen Sugar Refining says operations unaffected by violence
The privately-owned company imports all its raw sugar from Brazil and has the capacity to produce 2,000 tonnes a day
Yemen Company for Sugar Refining, which began operations in 2013, said output has not been affected by the recent turmoil in the country, and plans to export 20 percent of production, an official said on Monday.
The privately-owned company imports all its raw sugar from Brazil and has the capacity to produce 2,000 tonnes a day, some 600,000 tonnes a year, general manager Mohamed Alshamery, said on the sidelines of the Kingsman Platts Dubai Sugar Conference.
"We are part of Yemen so it's difficult sometimes, but at the end of the day we are fully operating. We have not been affected (by the violence)," he told Reuters.
Substantial new sugar refining capacity is expected to come on stream in the next few years with projects planned in Oman, Yemen, Saudi Arabia and Iraq.
Alshamery said his company aimed to continue exporting part of its production.
"This is our second year of operation so 20 percent of our production is for export to the Middle East and horn of Africa, and the rest is for (consumption) inside Yemen."
Yemen has been in political limbo since President Abd-Rabbu Mansour Hadi and the government of Prime Minister Khaled Bahah resigned less than two weeks ago after Houthis Shi'ite rebels seized the presidential palace and confined the head of state to his residence in a battle to tighten control over Yemen.
The company is based in the western Hodeidah province, where the country's second largest port is located on the Red Sea. In October, the Houthis took over Hodeidah. Dozens have been killed in subsequent clashes between Yemeni troops and al Qaeda militants in the province.