date:Dec 18, 2018
Austrian food company Agrana and US-based sugar producer Amalgamated have entered into a joint venture (JV) for the construction of a betaine crystallisation plant at Agranas sugar mill in Tulln, Austria.
Betaine is produced from sugar beet molasses and is used in food supplements and sports drinks.
This agreement is subject to the approval of anti-trust authorities.
The crystallisation facility will be built by the JV with an investment of 40m. Construction of the facility is expected to be