COCA-COLA Beverages Philippines, Inc. (CCBPI) said that the local food and beverage (F&B) industry requires at least 450,000 metric tons (MT) of premium refined sugar in order to serve the orders of customers amid tight supply and high prices. READ
ByCOCA-COLA Beverages Philippines, Inc. said that the local food and beverage industry requires at least 450,000 metric tons of premium re“We have shared with the President that the industry needs at least 450,000 MT of premium refined bottler grade sugar to utilize 100% of its manufacturing capacity for the balance of the year and serve the orders of customers who are depending on our products for their sales and income,” the beverage manufacturer said in a statement released over the weekend.
“We’d like to emphasize, however, that not all sugar is the same. Food and beverage manufacturers need premium refined sugar to maintain high-quality products,” the CCBPI explained. On Aug. 18, Press Secretary Rose Beatrix Cruz-Angeles announced that Mr. Marcos, Senate President Juan Miguel F. Zubiri, and sugar stakeholders had agreed to import 150,000 MT of sugar in a bid to address low supply and soaring prices.
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