Tuesday, 24 May 2016

Adeboye

Sugar Shortage Halts Coca-Cola Production In Venezuela


The Venezuelan bottler of Coca-Cola has halted production of the sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday.

Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world’s highest inflation.

Production of sugar-sweetened drinks has stopped, but output of diet drinks such as Coca-Cola Light and other zero-sugar beverages has continued, spokeswoman Kerry Tressler wrote by email. The local bottler, Coca-Cola Femsa SAB, said it would issue a statement later, reports Reuters

“Sugar suppliers in Venezuela have informed us that they will temporarily cease operations due to a lack of raw materials,” Tressler added.

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Adeboye

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I am a trained journalist, reporter, social media expert, and blogger in Nigeria

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