Thursday, August 18, 2022

Top Venezuela Beer Maker Halts Production Amid Shortages

By on April 30, 2016

CARACAS, Venezuela – Venezuela’s largest brewer said it shut down beer production Friday at the last of its four factories due to a shortage of imported supplies.

FILE - In this July 31, 2015 file photo, a liquor store worker unpacks a case of Polar beer, in downtown Caracas, Venezuela. Cerveceria Polar announced Friday, April 29, 2016, it has shut down beer production at its factory in Carabobo, the last of its four, due to a shortage of imported supplies. (AP Photo/Fernando Llano, File)

A liquor store worker unpacks a case of Polar beer in downtown Caracas, Venezuela. (AP Photo/Fernando Llano, File)

Cerveceria Polar, which announced the closing of its factory in Carabobo state in an email, had warned earlier that it had enough supplies only to continue production through the end of April.

Polar makes more than 70 percent of Venezuela’s beer and is a unit of the country’s biggest company, Empresas Polar. The company has fallen on hard times as low oil prices have led the government to tight-fist scarce dollars needed to import food and other products.

Venezuela’s socialist government did not comment on the brewery shutdown. But in the past it has accused Polar’s owner of trying to destabilize the country by exacerbating shortages.

The Associated Press

You must be logged in to post a comment Login