Limited supply of local sugar hindering new candy manufacturer
-company awaiting word from GuySuCo, says CEO
New candy company Sueria Manufacturing Incorporated is awaiting word on a request for an increased supply of sugar from the state-owned GuySuCo, which could literally decide the company’s fortunes, according to Chief Executive Officer (CEO) Frank Sanichara.
Although very confident about the new venture, Sanichara feared that if the approval for the needed supply of sugar per month isn’t given, he may have to fold the factory.
“I don’t think it is a case where they don’t want to give me the quantity of sugar I demand for the run of this business but, rather, I believe that GuySuCo has not yet kept their board meeting which I believe has a significant part to play in the distribution of sugar,” Sanichara told Stabroek News.