S Alam group adds new venture to Refined Sugar Mills in Ctg
Tuesday, 8 September 2009
Our Correspondent
CHITTAGONG, Sept 7: S Alam Group added new venture to their Refined Sugar Mills Limited on the south bank of Karnafuli river in Chittagong.
The company will resume commercial sugar production next Thursday and produce 1,200 tonnes of sugar per day, company sources said.
A six megawatt power plant has also been installed beside the sugar mill for undisrupted power supply to the sugar mill.
The sugar mill will consume three megawatt electricity while the rest of the power will be sold to Rural Electrification Board (REB), sources added.
When contacted, S Alam Masud, chairman and managing director of S Alam Group said, the prices of sugar would come down when the mill goes into commercial operation.
"Carrying charge of one truck sugar with the capacity of 16 tonnes from Dhaka to Chittagong is Tk 30,000 to 35,000. That is a reason behind the unstable price of sugar," Mr Masud said and added that he would be able to sell sugar at Tk 38 per kg at the mill gate.
CHITTAGONG, Sept 7: S Alam Group added new venture to their Refined Sugar Mills Limited on the south bank of Karnafuli river in Chittagong.
The company will resume commercial sugar production next Thursday and produce 1,200 tonnes of sugar per day, company sources said.
A six megawatt power plant has also been installed beside the sugar mill for undisrupted power supply to the sugar mill.
The sugar mill will consume three megawatt electricity while the rest of the power will be sold to Rural Electrification Board (REB), sources added.
When contacted, S Alam Masud, chairman and managing director of S Alam Group said, the prices of sugar would come down when the mill goes into commercial operation.
"Carrying charge of one truck sugar with the capacity of 16 tonnes from Dhaka to Chittagong is Tk 30,000 to 35,000. That is a reason behind the unstable price of sugar," Mr Masud said and added that he would be able to sell sugar at Tk 38 per kg at the mill gate.