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Old 05-23-2016, 17:58   #2
Pete
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Join Date: Feb 2005
Location: Fayetteville
Posts: 13,080
First the beer

First the beer - and now Coca-Cola

Production of Coke halted in Venezuela for lack of sugar

http://finance.yahoo.com/news/produc...213230031.html

"May 23 (Reuters) - The Venezuelan bottler of Coca-Cola has halted production of sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday.

Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world's highest inflation.

Production of sugar-sweetened drinks has stopped, but output of diet drinks such as Coca-Cola light and other zero-sugar beverages continued, spokeswoman Kerry Tressler wrote by email. The local bottler, Coca-Cola Femsa SAB, said it would issue a statement later on Monday.

"Sugar suppliers in Venezuela have informed us that they will temporarily cease operations due to a lack of raw materials," Tressler added."
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