Tate & Lyle has announced a restructuring that will see it make changes to its struggling Splenda sucralose business and exit most of its European Bulk Ingredients business.
Tate & Lyle said there was no change to its full year guidance in a trading update on Thursday morning.
Tate & Lyle sells Vietnamese sugar business
Tate & Lyle announced today that it has agreed to sell its Vietnamese sugar business in a cash deal worth £33m subject to regulatory approval.
Tate & Lyle pulls plug on prebiotic Stalactis Madrid launch
Dispatches from HIE 2010
Tate & Lyle has postponed the launch of its new digestive health ingredient Stalactis due to the uncertain EU regulatory environment.
Tate & Lyle to sell stakes in Saudi and Egyptian sugar refineries
Tate & Lyle has reached an agreement to sell its minority stake in sugar refineries in Saudi Arabia and Egypt to Saudi-based sugar refiner Savola, the companies have said.
Tate & Lyle positive on sucralose bounce back
Tate & Lyle has indicated that some recovery of sucralose sales towards the end of its financial year, and says it is making progress in yield and process improvements.
Tate & Lyle discusses how it presents ingredient concepts to customers around the world, using prototypes that will appeal to different cultural preferences.
Niutang sets up sucralose sales office in UK
Sweetener manufacturer Niutang Chemical is opening an office in the
UK in a bid to expand its share in sucralose, aspartame and folic
acid in this important geographical market.
Ingredients M&A round-up: 2007
2007 has seen a slate of mergers and acquisitions across the food
ingredients sector. FoodNavigator.com presents a round-up of who
now owns what.
Tate & Lyle says adios to Mexican sugar
Tate & Lyle has taken new measures to remove itself from
volatile commodity markets and refocus on value-added ingredients,
with a plan to sell its Mexican sugar business, Grupo Industrial
Azucarero de Occidente.
Tate & Lyle woos Asia with R&D drive
Tate & Lyle has opened a new research and development centre in
Shanghai, China to help manufacturers develop food products that
are targeted to the preferences of Asian consumers.
Tate & Lyle completes sale of Canadian sugar business
British ingredient giant Tate & Lyle yesterday completed the
sale of its Canadian sugar refining business, as the firm makes
another step away from the commodity end of the market.
Tate & Lyle grows value-added offering with GC Hahn buy
Tate & Lyle has signed an agreement to acquire an 80 per cent
holding in German family-run specialty ingredients firm GC Hahn -
the latest step in a refocusing on value-added ingredients in place
Tate & Lyle launches 4m R&D centre
Tate & Lyle has announced a €4m investment to establish a
Wellness & Nutrition Centre in Lille, France.
Tate & Lyle confirms UK citric acid closure
Tate & Lyle will cease production of citric acid at is UK plant
at the end of the month following the completion of an employee
Tate & Lyle sells Canadian sugar business
Tate & Lyle's agreement to the sale of its Canadian sugar
refining business represents another move away from the commodity
end of the market.
Tate & Lyle targets dairy drink boom
A range of functional ingredients solutions has been launched by
Tate & Lyle, as it looks to capitalise on consumer demand for
healthy yoghurts and dairy drinks.
Tate & Lyle operational Down Under
Tate & Lyle's new subsidiary in Australia and New Zealand is
operational as of 1 January.
And finally... sweet success for Lyle's Golden Syrup
The famous Lyle's Golden Syrup tin, familiar to millions of UK
consumers, has been named by the Guinness World Records as the
world's oldest branding.
Tate & Lyle launches compressible dextrose for candy, tablets
Tate and Lyle has announced the launch of Meritab - a new direct
compressible dextrose that can be used in confectionary,
nutraceutical and pharmaceutical applications.
Tate & Lyle shares slide despite encouraging update
Tate & Lyle's latest trading update is encouraging, but it
underlines how challenging life is in the shadow of the EU's new
Tate & Lyle completes CCI acquisition
Tate & Lyle's acquisition of US speciality food ingredients
firm Continental Custom Ingredients (CCI) could open new
opportunities in the value added dairy ingredients sector.
Tate & Lyle expands ingredients empire
New acquisitions announced today by Tate & Lyle underline the
UK group's strategy of achieving a truly diverse added value
Tate & Lyle roadshow boosts market stature
UK sweetener supplier Tate & Lyle announces it will host a
series of presentations to American investors over the coming days,
news that sees the firm's shares jump.
Pre-tax profit falls for Tate & Lyle on higher costs
Annual pre-tax profit falls for UK sweetener and starch group Tate
& Lyle as higher costs and a one off lawsuit charge eat into
turnover for the year, reports Lindsey Partos.
Rumours of Tate & Lyle patent expiry to cut costs of sucralose?
Food makers could soon reduce costs for popular sweetener
sucralose, as analysts suggest key patents held by the market
leader Tate & Lyle may soon come to an end, reports Lindsey
Tate & Lyle in brand link-up for breakfast bakery
In a new brand partnership tie-up, UK ingredients firm Tate &
Lyle hunts for growth in the competitive breakfast market raising
brand awareness for a new product that contains the company's
flagship golden syrup, reports...
New emulsifier from Tate & Lyle launched as caseinate alternative
UK sweetener maker Tate & Lyle launches an emulsifying wheat
protein onto the market for coffee creamers claiming the product is
a fitting, and cheaper, alternative to caseinates, reports
Tate & Lyle buys South African ingredients business
UK sweetener firm Tate & Lyle strengthens its position in the
South African ingredients market, buying up small ingredients
supplier Dolcre for €1.9 million.
Tate & Lyle makes sweetener settlement
Ending a long running lawsuit the US unit of UK starch and sugar
group Tate & Lyle will pay out £55 million (€89m) to settle an
anti-trust lawsuit on high fructose corn syrup, a popular sweetener
used by soft drinks giant Coca-Cola...
Tate & Lyle to up sucralose output
Tate & Lyle, the British sugar and starches group, is to expand
production of the sweetener sucralose at its plant in the US to
meet increased demand for its Splenda brand.