NewsWhore
04-30-2008, 03:30 PM
The Porvenir sugar mill has produced over 9,200 tons of raw sugar so far this harvest. Most, if not all, is going to the local market. The mill's general manager, Leoncio Sandoval, told reporters from Listin Diario that the sugar was of a very high quality, "enviable" in his words, with excellent color and texture. Currently, the Porvenir mill is sending between 15,000 and 18,000 bags of sugar to the local market each week, which, in economic terms, means RD$15 million to RD$18 million in sugar and an additional RD$7 to RD$8 million in molasses. According to Sandoval, "we are talking about RD$38 to RD$40 million every two weeks". In the 76 days of the harvest to date, the mill has processed 143,436 tons of sugar cane, averaging between 2,000 and 3,000 tons a day. Porvenir, a part of the State Sugar Board (CEA), an entity that came into being with the fall of the Trujillo dictatorship, had been leased by a private company, but the mill was returned to the CEA after a lack of working capital led the mill to be shut down. Porvenir, located in San Pedro de Macoris province, is scheduled to work for 163 days this year and produce between 24,000 and 25,000 tons of raw sugar. Private sugar farmers provide 80% of the cane that is processed; the other 20% comes from lands owned by the mill itself.
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