Tags: Coronavirus | coca | cola | sweetener | supply | virus | trade

Coca-Cola's Artificial Sweetener Supply Hit by Virus

Coca-Cola's Artificial Sweetener Supply Hit by Virus
An employee works on a production line at the Coca-Cola plant in Shijiazhuang in  Hebei province in 2013. Hebei province is the center of the outbread of COVID-19. (Tang Yanjun/Color China Photo/AP Images)

By    |   Wednesday, 26 February 2020 08:53 PM

Coca-Cola is warning its long term supply of artificial sweetners might be impacted by the coronavirus outbreak in China, according to Fox News.

"Our supply chain for non-nutritive sweeteners and certain other ingredients for our products includes suppliers in China," Coca-Cola wrote in its recent annual report, per Fox News.

"As a result of the outbreak of the novel coronavirus COVID-19, beginning in January 2020, our suppliers in China have experienced some delays in the production and export of these ingredients. We have initiated contingency supply plans and do not foresee a short-term impact due to these delays.

"However, we may see tighter supplies of some of these ingredients in the longer term should production or export operations in China deteriorate."

Coca-Cola also addressed the impact of the coronavirus in its statement to investors last week.

"The company's deepest sympathies go out to those who have been impacted by the COVID-19 outbreak," Coca-Cola said, per Fox News. "The company is carefully following all government guidelines and taking precautionary steps to do what it can to prevent the further spread of the virus. The company is also donating to organizations that are working diligently to support patients and contain the virus.

"Safety and health of the company's associates remains a high priority. The company has implemented precautionary measures to protect employees in China, which includes providing face masks and hand sanitizers; installing temperature screening in offices and manufacturing facilities; and setting up health monitoring mechanisms across the Coca-Cola system in China."

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Coca-Cola is warning its long term supply of artificial sweetners might be impacted by the coronavirus outbreak in China, according to Fox News."Our supply chain for non-nutritive sweeteners and certain other ingredients for our products includes suppliers in China,"...
coca, cola, sweetener, supply, virus, trade
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2020-53-26
Wednesday, 26 February 2020 08:53 PM
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