VIETNAM
Sugar Factory Planned: India’s Nagarjuna Fertilizers and Chemicals Ltd. will venture out of the country for the first time to set up a sugar factory in Vietnam, the company said. The project, estimated to cost $18 million, will have a crushing capacity of 2,500 metric tons per day. A. Nanda Kumar, a senior company official, said. The sugar plant, which will be 100% owned by the Nagarjuna Group, is expected to begin production in November, 1996. Initially, the entire production will be sold in the domestic market.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.