Venezuela's aluminum industry operates at 29% of capacity
Aluminum makers Venalum and Alcasa operate hardly with two production lines
The current number of operative cells slightly represents two out of seven production lines.
The operating problems are due to unsolved shortages of spare parts and raw material. Moreover, nearly 40% of personnel is absent amid poor transportation. In CVG Alcasa, low availability of cranes is accountable for production decline.
Henry Arias, the secretary general of the Trade Union of Venezuela's aluminum company CVG Alcasa (Sintralcasa) recently denounced that 15 executives of the industry were given a rise (109%) although there have been no adjustments in the salaries of 3,000 workers who have been hit by the delayed renewal of their contracts and the loss of benefits.
A simple reason: there is oil galore, would suffice to explain Guyana's actions. Another explanation lies in the little or none efforts made by the Venezuelan government to thwart the move by the Guyanese. This is certainly not a new problem, but a problem only recently highlighted because oil is involved. But what other resources does the disputed area hold? For most of us it is a section on the map with black and white stripes on it, a depiction of something distant, alien, a nothingness not worth paying much attention to in geography classes back in elementary school.