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Guysuco’s use of the weather as its perennial excuse

May 07, 2016 Letters

Dear Editor,
A few days ago GuySuCo’s Chief Executive Officer, Errol Hanoman, publicly announced that the company’s 1st sugar crop closed with a deficit of approximately 23,000 tonnes sugar out of a target of 80,000 tonnes. Relative to the target, this is a huge drop in production and relative to the cash-strapped situation of the said company, this is a massive decline in revenue. Hanoman nailed the production decline to the just concluded dry weather. When the company achieved the 2015 production target, the CEO attributed the success to good management, workers’ cooperation and non-political interference. Whilst weather was a key factor to the company achieving the target, it was conveniently not referred to as a contributing factor. When the company failed to achieve the 1st crop 2016 target, weather is the prime culprit.
Editor, the CEO needs to elaborate on what deleterious effects did weather had that it has been wholly attributed to the company falling short by almost 30% of its target. The positive effects of the dry weather on sugar production cannot be cast aside. It was favourable to late and better burning of canes, transporting of canes and sucrose enhancement, all of which would have contributed to a better conversion ratio of canes to sugar; measured as tonnes cane per tonnes sugar. For many years, the sugar company has been blaming weather as the key factor that contributed to its failure of not achieving its tillage and replanting programme. The same dry weather that it is blaming for low sugar production, ought to be praised, if it has been taken advantage of, for accelerated replanting of older ratoon canes.
Editor, it’s too naïve on the part of the company to simply say dry weather caused a 30% drop in production and the nation, on whose taxes it survives, to simply accept without seeking a plausible explanation. I think the company owes this nation is far better explanation on the full reasons for such a huge decline in production. I am sure that with such a massive decline in revenue there has been a request from the government for a further subsidy to finance a long-enduring financially-beleaguered company. This subsidy, as with all previous, is purely from the taxes of this nation.
Chandimal Rambudhan

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