Molasses are used as a feed supplement in drought-affected regions in Australia. TTC Trading Joint Stock Company has exported 500 tonnes of molasses to Australia this month. — Photo courtesy of the company

HCM CITY — Thành Thành Công Trading Joint Stock Company, a member of the Thành Thành Công Group, has exported 500 tonnes 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.

Due to a local shortage, Australia has had to turn internationally for supply.

Last year, TTC Trading exported 750 tonnes 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 tonnes of sugarcane will yield 10-11tonnes of sugar and 3-4 tonnes of molasses.

The exports of molasses to Australia marked a successful first step in its roadmap to export by-products and after-sugar products to international markets, the company said. — VNS