Sugar leaders yesterday said that while Coca-Cola still buys Philippine sugar, it is not at the volume it used to before.
They were reacting to the Coca-Cola statement issued Wednesday that the firm continues to source its sugar requirements locally.
Labor and planters groups Wednesday launched a boycott against Coca-Cola products in Bacolod City for its importation of premixes and high fructose corn syrup, instead of buying locally produced sugar, they said.
Cat Avelino, Coca Cola’s corporate communications director, yesterday said she could not disclose the amount of sugar they buy locally because it is competitive information.
Sugar Regulatory Administration chief Ma. Regina Martin Bautista said their records show that Coca-Cola as of end of May had a stock position of 800,000 bags of locally purchased sugar.
Manuel Lamata, United Sugar Producers Federation of the Philippines president, said “Yes, Coca Cola buys domestic sugar, but that is only for cosmetics. They should stop bringing in premixes and truly support the local sugar industry. Otherwise they should pack up and go back to the US.”
Read more at The Visayan Daily Star