Illovo Sugar (Malawi) plc
ILV.MV – MALAWI STOCK EXCHANGE
Business Description
Illovo Sugar (Malawi) plc is principally engaged in growing and manufacturing of sugar. The Company operates through two segments: Sugar production and Cane growing. The Sugar production is engaged in manufacturing and sale of sugar from sugar cane. The Cane growing is engaged in the growing of sugar cane for use in the sugar production process. It has developed agricultural and milling assets at the Dwangwa estate situated in the mid-central region of Malawi at Nkhotakota and at the Nchalo estate in the south at Chikhwawa. The Company also produces syrup, together with a range of downstream products including furfural and furfuryl alcohol, natural flavorings, ethyl alcohol, and lactulose. Its brands include Bwana Sukari, Illovo Sugar Malawi, and Zambia Sugar. The Company sells sugar into the local direct consumption market through its chain of distribution channels and also into the local artisanal and industrial market.
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