January 15, 2020 | 21:05 (GMT+7)
Local firm ships 500 tons of molasses to Australia
Thanh Thanh Cong Trading Joint Stock Company, a member of the Thanh Thanh Cong Group, has exported 500 tons of molasses to Australia to help alleviate a shortfall across Queensland State caused by an ongoing drought.
In Australia, molasses are used as a feed supplement that farmers rely on to sustain their livestock during dry periods.
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Molasses are used as a feed supplement in drought-affected regions in Australia. (Photo courtesy of the Thanh Thanh Cong Trading Joint Stock Company) |
Due to a local shortage, Australia has had to turn internationally for supply.
Last year, TTC Trading exported 750 tons of molasses to Australia.
Molasses is a by-product of the sugar industry, the final product after sugarcane is refined into sugar.
In general, 100 tons of sugarcane will yield 10-11 tons of sugar and 3-4 tons of molasses.
The exports of molasses to Australia marked a successful first step in its road-map to export by-products and after-sugar products to international markets, the company said.
Source: VNA