In 1969, Bien Hoa Sugar Factory was established, laying foundation for the country's sugar industry by producing the very first refined sugar in Vietnam. Being honored as "Top 10 best company with the most representative M&A strategy of the decade (2009 – 2018)", via corporate restructure, the new company named Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC Sugar) in 2017 made it story in TTC Agriculture segment history.
Owning total raw material area of 66,000 hectares throughout 3 Indochina countries (Vietnam, Laos and Cambodia), it is expected to expand to 70,000 hectares in the near future and 9 sugar factories with a total capacity of more than 37,500 tons of sugarcane per day, with the advantages in technology, production capacity and qualified human resources, in the period of 2019 - 2020, TTC Sugar has exceeded the milestone of 1.1 million tons of sugar consumption for the very first time.
As the leading company in Vietnam's sugar industry with 46% domestic market share, in the Top 30 largest listed companies VN30, TTC Sugar constantly expands its retail network, improves exports and successfully reaches to consumers in 24 countries around the world.
- Factory capacity
tons of sugar cane/day
- Total raw material area
hectares in 3 Indochina countries (Vietnam, Laos, Cambodia).
TTC Sugar operates in both B2B and B2C with 73 product categories, meeting a variety of domestic customer channels as well as more than 24 export markets including strict markets with quality inspection such as USA, Australia, Europe, Singapore ...
With the long-term strategy of diversifying sugarcane value chain, TTC Sugar has been developed 5 by-products such as Miaqua non-sweet cane water, bagasse, biomass electricity, molasses and compost. Together with the "revolution" from Quality to Appearance with the new product Míaha - Vietnam's first sugarcane juice, TTC Sugar also offers up prospects to enter the beverage segment.
TTC Sugar aims to become the leading distributor with sustainable agricultural products in Indochina.