Sugar target already below figure in new five-year plan

In a sign of the continuing problems in the sugar industry, the recently announced target for 2014 is more than 50,000 tonnes less than the projection in GuySuCo’s five-year strategic plan unveiled only last year.

GuySuCo’s target for 2014 is set at 216,000, an immediate deviation from its 2013-2017 strategic plan which had the industry target for 2014 at 278,752 with the troubled  Skeldon factory projected to make 57,915 tonnes. There is no word yet on what the new expected breakdown this year for the seven factories will be.

The 2013-2017 plan was itself meant to put the industry on a recovery path from the earlier  …..To continue reading, login or subscribe now.

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