Kwale International Sugar Company Limited

Kwale International Sugar Company Limited
Private
Industry Manufacture & Marketing of Sugar
Founded 2007
Headquarters Kwale County, Kenya
Products Sugar

Kwale International Sugar Company Limed (KISCOL), is a sugar manufacturer in Kenya, the largest economy in the East African Community.

Location

The plantation and factory of KISCOL are located in Kwale County on the eastern coast of Kenya. This location, immediately south of the town of Kwale, along the Lunga-Lunga-Msambweni Road. This location is approximately 60 kilometres (37 mi), by road, southwest of Mombasa, the second-largest city in Kenya.[1] The coordinates of the company factory are:4°31'46.0"S, 39°23'43.0"E (Latitude:-4.529444; Longitude:39.395278).[2]

Overview

KISCOL is a privately owned sugar manufacturer. It is one of the seven privately owned sugar manufacturers in the country. It is expected to start full commercial production in February 2015. The factory has been constructed between 2007 and 2015 at an estimated cost of US$200 million (KES17.8 billion).[3] In addition to crushing 3,000 tonnes of sugar cane daily, the complex will also co-generate 18 Megawatts of thermal electricity and produce 50,000 liters of ethanol per day.[4]

Ownership

Kwale International Sugar Company Limited is a privately owned company. The table below illustrates the ownership structure of the company.[4]

KISCOL Stock Ownership
Rank Name of OwnerPercentage Ownership
1Omnicane of Mauritius25.0
2Pabari Investments Limited of Kenya75.0
Total100.00

See also

References

  1. ↑ "Road Distance Between Mombasa And Msambweni With Map". Globefeed.com. Retrieved 19 January 2015.
  2. ↑ Google, . "Location of KISCOL Factory At Google Maps". Google Maps. Retrieved 19 January 2015.
  3. ↑ Sotunde, Oluwabusayo (19 November 2013). "Kenya's Kwale Sugar Project Set To Launch By 2014". Ventures Magazine. Retrieved 19 January 2015.
  4. 1 2 Herbling, David (18 January 2015). "Kwale Sugar Miller Begins Tests Ahead of Factory Launch". Business Daily Africa (Nairobi). Retrieved 19 January 2015.

External links

Coordinates: 04°31′46″S 39°23′43″E / 4.52944°S 39.39528°E / -4.52944; 39.39528

This article is issued from Wikipedia - version of the 1/19/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.