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RSI Rogers Sugar News Story

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Brief: Rogers Sugar Says Pausing Negotiations with PPWC Local 8 Representing Workers At Vancouver Refinery

Dec 14 (Reuters) - Rogers Sugar Inc  RSI.TO :
    * ROGERS SUGAR RESPONDS TO UNION REJECTION OF GLOBAL
PROPOSAL
    * ROGERS SUGAR - PUBLIC AND PRIVATE WORKERS OF CANADA (PPWC)
LOCAL
8 REPRESENTING WORKERS AT  VANCOUVER REFINERY HAS REJECTED
LATEST GLOBAL PROPOSAL
    * GIVEN UNION BARGAINING COMMITTEE'S CURRENT POSITION, AT
THIS
TIME WE ARE PAUSING NEGOTIATIONS.
    * ROGERS SUGAR -OPERATING VANCOUVER REFINERY AT  REDUCED
CAPACITY,
WE HAVE SUFFICIENT RAW SUGAR ON SITE TO CONTINUE TO DO SO UNTIL
MAY 2024 IF NECESSARY
    * SAYS THERE IS AN AMPLE SUPPLY OF WHITE SUGAR IN MARKET,
AND HAVE
RESTARTED PRODUCTION OF BROWN SUGAR IN VANCOUVER
    * SAYS TAKING MEASURES TO FIND SOLUTIONS THAT MEET THEIR
ONGOING
REQUIREMENTS IN SHORT TERM AS WELL AS IN LONGER TERM
    * ROGERS SUGAR INC -PARTIES HAVE NOT BEEN ABLE TO COME TO
AGREEMENT ON FACT THAT, TO SURVIVE IN LONG TERM, PLANT NEEDS TO
MOVE TO CONTINUOUS OPERATION

Source text for Eikon:  ID:nGNX70ZZxh 
Further company coverage:  RSI.TO 

 ((Reuters.Briefs@thomsonreuters.com;))

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