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Sugar: A disastrous performance

2013-05-20 07:46:34| Sugar Industry News

GuySuCo\'s first crop production of around 48,000 tonnes of sugar must shock the corporation and the government into action. This first crop figure is so bad that archivists will have to go tumbling around dusty records from decades ago to match these figures. The nadir that is often cited and certainly by the then opposition PPP is the output of 129,000 tonnes in 1990 when even the PNC would have admitted that the industry had been neglected, that the sugar levy had taken an incalculable toll on its ability to re-tool and expert management was needed. A turnaround was engineered via a management contract with Booker-Tate which saw annual production reaching around 325,000 tonnes at one point.

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