Banks does not procure molasses from any source for the production of XM

Dear Editor,

Reference is made to an article published on January 4th in Stabroek News captioned ‘DDL eying Enmore estate in bid to ensure molasses supply’ where it is reported on page 21 “Banks DIH officials said that the estate closures have no direct impact on their operations as they purchase molasses from Panama and they “are not as big on rum production as DDL.”

Please be advised that Banks DIH Limited does not own or operate a distillery and does not procure molasses from any source whatsoever in the production of its world acclaimed Xtra Mature (XM rum).

Banks DIH limited has been a major player in the rum industry in Guyana since 1850 and our XM brands are sold on the international market including the United Kingdom, Italy, France, Spain, United States of America and Caricom.

Yours faithfully,

Troy H Peters

Communications Manager

Banks DIH Limited