Tuesday 12 December 2017
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5 days ago

Coca-cola hikes by 80% its sugar purchase from PH in 2017

Coca-Cola FEMSA Philippines (KOF PH) bought two million bags of local sugar as part of its manufacturing operations this year, a more than 80-percent increase from 2016, the company said in a statementon Wednesday. The company said it purchased 1.1 million bags of local sugar in 2016, with the higher volume of purchases this year reflecting how it is furthering its partnership with the local sugar sector. KOF PH did not say how much it would be buying in 2018, when tax on sugar-sweetened beverages

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