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Venezuela Sugar Shortage Coca-Cola halts productions in Venezuela

The BBC reports that the Coco-Cola beverage is the latest addition to a long list of food products in short supply in the country.

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Coca Cola play

Coca Cola

Coca-Cola has been forced to halt production in Venezuela due to a severe ensuing sugar shortage.

The BBC reports that the Coco-Cola beverage is the latest addition to a long list of food products in short supply in the country.

Coke, in a statement said that suppliers in Venezuela will "temporarily cease operations due to a lack of raw materials".
 

Empresas Polar, Venezuela’s biggest brewer has also been forced to close its plants due to an acute barley shortage.
Coca-Cola would continue producing sugarless drinks such as Coca-Cola Light (Diet Coke), a spokesperson of the company said.

READ MORE: Coca-Cola marks 100 years of its iconic Contour Bottle in Accra

"We are engaging with suppliers, government authorities and our associates to take the necessary actions for a prompt solution," she told the BBC.
Sugarcane production has been falling due to price controls and rising production costs, as well as problems in obtaining fertiliser.
Venezuela is expected to see a 20,000 tonne-drop in production from 450,000 tonnes in 2015/2016 for the previous 12 months, to  430,000 tonnes of sugarcane in 2016/17.

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