Last night, we showed you what BSI/ASR had to say about the close of the 2020/2021 Sugar Crop Season, and the shift in the exportation of raw sugar from the Port of Belize to the Port of Big Creek.
Yesterday's press conference allowed us the opportunity to ask about a major investment they are making for the factory during the off-season. Last week, the company disclosed that approximately 20 million dollars in upgrades would be invested in the factory during the off-season.
These pricey improvements are supposed to reduce the environmental impacts of the production processes that take place at the Towerhill facility. Here's how the company's director of finance explained them to us today: