Soft drink, food and beverage makers need 450,000 metric tons of premium refined sugar for the remainder of this year so they can operate their factories at full capacity while implementing various measures to cushion the impact of the sugar shortage on their business.
According to the country’s largest soft drink and beverage maker, Coca-Cola Beverages Philippines Inc. (CCBPI), the industry has already shared with President Ferdinand Marcos Jr. its sugar requirements for the rest of the year. in order to be able to operate its manufacturing facilities at full capacity. and fulfill the orders of their customers, who depend on their products for their sales and income.
As the shortage continues to affect their factories to operate at full capacity, CCBPI said in a statement on Saturday August 20 that along with the rest of the industry, they are “implementing various efforts aimed at cushioning the commercial impact”. lack of supply of high quality refined sugar.
“As always, we keep our consumers, customers and employees first,” CCBPI said.
In the same statement, the country’s largest soft drink producer explained that its industry’s sugar needs are different from regular sugar for household use.
“Not all sugars are the same,” CCBPI said in the release.
The company further pointed out that food and beverage manufacturers need premium refined sugar to maintain high quality products. “This type of sugar is not the same as that commonly used in households,” the company said.
“We and the entire industry look forward to continuing to work with the President and all relevant government offices to address the situation and provide a lasting solution as we resume delivery of our full line of beverages and support the country’s economic recovery,” the statement concluded.
Meanwhile, the Trade and Industry Ministry said it will include sugar in its regular price and supply checks in the coming days as directed by the president.
Different government agencies monitor different products and services. The DTI monitors manufactured or processed necessities such as canned fish and other marine products, processed millets, coffee, laundry soap, detergent, candles, bread and salt. The agency also assembles basic products such as flour, processed and canned pork, processed beef and poultry, noodles, vinegar, patis, soy sauce, toilet soap, blocks -notes and school supplies.
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