See full statement from the Guyana Sugar Corporation (GuySuCo) below:
The Guyana Sugar Corporation (GuySuCo) has announced that the Albion/Port Mourant Estate has surpassed its weekly sugar production target for the week ending of October 15, 2022.
The Estate has made a record by successfully achieving its weekly target by 2.1%, making it the fifth time for the second crop. Resulting in the continued availability of an incentive for qualified workers who worked 80 percent or more days available for that week. This incentive is a benefit from the weekly production incentive scheme, which allows tax-free incentives when an estate achieves its weekly production target.
A similar achievement back in August also allowed for workers to benefit from an incentive.
According to the Factory Manager (ag) Mohammed Sheriff,the achievement was possible due to the factory time efficiency of 97 percent, against a budget of 93 percent and a minimal downtime of 2.5 hours for the week.
In addition, the cane quality, with Pol extraction of 10 percent, versus 9.87 percent budgeted, resulted in an improved Tonnes Cane to Tonnes Sugar (Tc/Ts) ratio of 11 percent versus the budgeted 13 percent. Therefore contributing to the increased production.
The Executive Management congratulates the management and workers of Albion/PortMourant estate and urges all of the grinding estates to strive towards the achievement of the weekly production incentive.
Further, management also implores workers to remain focused and committed to achieving their weekly targets.
