Business
Swiss Water Decaffeinated Coffee Income Fund announces slow Colombian coffee shipments will result in some expected Q4 2007 process volumes moving into Q1 2008
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ BURNAB...
About this update from Swiss Water Decaffeinated Coffee, Inc.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n\n\nTHE UNITED STATES/\n\n\nBURNABY, BC, Dec. 6 /CNW/ - Swiss Water Decaffeinated Coffee Income Fund\n(TSX symbol: SWS.UN) today announced that a key customer is continuing to\nexperience significant delays in receiving their Q4 2007 contracted Colombian\ncoffees from a key supplier at origin. This will affect the projected process\nvolumes for the company (Swiss Water Decaffeinated Coffee Co. Inc.) in Q4 of\n2007. It is now expected that 2007 year-over-year process volumes will be down\nslightly versus 2006. The company also expects that the bulk of the delayed\nColombian coffees from Q4 2007 will now be processed in Q1 of 2008. The\ncompany does not expect this matter to impact the amount of its monthly\nunitholder distributions.\n\n\nThe Fund owns Swiss Water Decaffeinated Coffee Company Inc., a premium\ngreen coffee decaffeinator located in Burnaby, British Columbia, Canada. The\nSWISS WATER(R) Process is a 100% chemical free, proprietary decaffeination\nprocess used by premium roasters and demanded by discerning health conscious\ndecaffeinated coffee drinkers around the world. SWISS WATER(R) is the world's\nonly branded decaffeination process and supports its brand through ongoing\nconsumer research and focused consumer advertising.\n\n\n%SEDAR: 00017658E\n\n\n","length":1411,"tagName":"div"}]