A move towards full mechanisation could cut GuySuCo’s production cost per tonne of cane sugar by over 75%, company Chief Executive Officer (CEO) Rajendra Singh yesterday told a parliamentary committee, while saying that the company is exploring varying means to reduce its operational costs while upping efficiency and mechanisation was one of them.
Using manual labour, GuySuCo spends US$4,723 ($991,830) to produce a tonne of cane sugar, while the figure would drop to US$1,062 ($223,020) if the company moved to full mechanisation, Singh also notes that if the company’s operations were sufficiently mechanised, it would be able to produce 600 tonnes of sugar per day at 35 to 40 tonnes per hour whereas it, using manual labour, produces 2.5 tonnes per day.
Singh delivered the figures while leading a team from GuySuCo which included Chief Financial Officer (CFO) Paul Bhim in a presentation before the