Tag Archives: Sona Group

Sona Group to unveil ethanol plant in January 2018

Barring any unforeseen hiccups, Sona Group, a diversified conglomerate with interests in the beverage industry, biscuits, food and allied products among others said it has set a January 2018 date for the completion of a N3 billion ethanol plant it is constructing.

The group hopes to meet local demand of ethanol with a daily production capacity of 120,000 litres, which translates to 43.8 million litres per year.

Maltonic is back in the market after six years absence

Maltonic, a malt drink originally produced by Sona Breweries is back in the market after six years absence.

The brand first made its debut in 1986 as a drink fortified with vitamin C, the company said in a statement.

The drink went dormant in 2011 after the sale of Sona Breweries beer assets to Nigerian Breweries Plc. The ownership of Maltonic was transferred to Euro Global Foods and Distilleries Limited, a unit of Sona Group.

Euro Global nears completion of N3bn ethanol plant

Euro Global Foods & Distilleries Limited, said on Monday that it was nearing the completion of a N3bn ethanol plant, with 90% of the work already done.

The firm which is a unit of Sona Group of Companies said that the plant would enable it boost production once complete.

Sorghum Malting plant operators seek government intervention to prevent industry collapse

Stakeholders in the sorghum sector are finding it challenging to remain in business as low import tariff on cheap barley malt, malt extract, glucose and maltose syrups is pushing the industry to near collapse.

The operators in the sector are seeking government’s intervention to halt the slide by re-imposing a ban on barley malt imports, or at worst, raising the tariff which would help slow the wave of imports and prevent the local industry from total collapse.

Stiff competition made us sell our breweries to Nigerian Breweries Plc, says Sona Group MD

Sona Group, a diversified conglomerate with interest in alcoholic and non-alcoholic beverages, confectioneries, agro allied industries, among others said it decided to sell its interest in Sona Breweries to Nigerian Breweries Plc in 2010 due to strong market competition in the brewery segment.

The Group Managing Director, Sona Group of Industries, Ajai Musaddi, said that competition in the brewery industry between the leading brewery brands like Nigerian Breweries Plc, Guinness Nigeria Plc and others made his company have a rethink to divest from the industry.

Euro Global rewards distributors on ‘Award Night’, commissions new plant

Euro Global Food & Distilleries Ltd, makers of Savanna soft drinks, alcoholic-mix ready-to-drinks (RTDs) and spirits have launched a new multi-billion naira ethanol plant at the company’s facility in Ota, Ogun State.

The plant which took six years to build is said to be the largest single ethanol plant in Nigeria with a maximum production capacity of 120,000 litres daily, more than enough for the company’s daily needs. This means that the company can even export excess ethanol, the company chairman, Arjan Mirchandani, said.