Monday, August 21, 2017 - 23:07:40

TH Milk buys sugar mill from UK’s Tate & Lyle

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TH Milk Food Joint Stock Company of Vietnam has bought the Nghe An Tate & Lyle sugar company from the UK’s Tate & Lyle PLC.

A contract to the effect was signed in Hanoi on April 20.

The company said once the transaction completes, the company, which is currently known as TH true Milk producer, will zone off the materials areas and focus on improving sugarcane yield to help increase income for farmers.

Tate & Lyle PLC built its sugar will in the central province of Nghe An 15 years ago with the Mely sugar trademark./.
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