Tuesday 28 June 2022

Sugar shortage cuts Coca-Cola production in Venezuela

Paying the bills

Latest

Pandemic generated the loss of 25 million jobs in Latin America

Q24N (EFE) The covid-19 pandemic generated the loss of...

What you should know about the visa to enter Europe from 2023

Q TRAVEL - Citizens of at least 60 countries...

Costa Rica presents its national tourism plan

QCOSTARICA - With three major objectives for the growth...

Most institutions in Costa Rica do not have cybersecurity personnel

QCOSTARICA - Most public institutions in Costa Rica do...

How to throw the perfect party for your friends: tips from Royal Craft Wood

Whether you're celebrating a birthday, anniversary, or just getting...

Luis Guillermo Solís: “Nicaragua should have been expelled from SICA”

Q REPORTS (Confidencial) Eight former Costa Rican presidents –...

A million people attended the Diversity March In San Jose

QCOSTARICA - Organizers of the 'Pride Costa Rica' calculate...

Dollar Exchange

¢685.75 Buy

¢693.59 small> Sell

28 June 2022 - At The Banks - BCCR

Paying the bills

Share

1463795564862

(Q24N) A sugar shortage has forced Coca-Cola to stop producing soft drinks in Venezuela amid an escalating food and energy shortage.

Mexican multinational beverage company Coca-Cola Femsa (KOF)  said that suppliers in Venezuela will “temporarily cease operations due to a lack of raw materials”.

- Advertisement -

The announcement comes after the country’s biggest beer brewer, Empresas Polar, closed plants due to a barley shortage.

Venezuela’s economy has contracted sharply as oil prices plunge.

Despite this situation, the company, which employs over 7,000 people in Venezuela, does not expect to shut down operations in the country, Efe reported.

A Coca-Cola spokesperson said the company would continue producing sugarless drinks such as Coca-Cola Light (Diet Coke).

“We are engaging with suppliers, government authorities and our associates to take the necessary actions for a prompt solution,” she said.

Sugarcane production has been falling as the cost of production has risen and it has become more difficult to obtain foreign currency.

- Advertisement -

The economic problems have forced many consumers to queue for hours to buy basic foodstuffs.

Source El Universal

Read more on Venezueal at TodayVenezuela.com

Article originally appeared at Today Venezuela Click here to go there!

- Advertisement -
Paying the bills
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Pandemic generated the loss of 25 million jobs in Latin America

Q24N (EFE) The covid-19 pandemic generated the loss of 25 million...

What you should know about the visa to enter Europe from 2023

Q TRAVEL - Citizens of at least 60 countries traveling to...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.