The stock market is too optimistic about Tate & Lyle's ability
to hold on to market share for sucralose once its patent expires,
says market analyst Morgan Stanley.
Increased demand for Tate & Lyle's calorie-free sweetener has
helped the company to record a first-half profit increase of 59 per
cent and successfully fend off spiralling raw material costs.
Tate & Lyle's European food and industrial ingredients division
proposed increase of 10 to 15 per cent on new contracts for certain
products highlights again the impact of rocketing energy prices on
the ingredients market.
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.
Tate & Lyle's ice cream sweetening system has been named as one
of the finalists at a forthcoming trade show competition, though
the company may soon face a struggle to protect its valuable
sucralose patent.
Sucralose supplier Tate and Lyle warns profits at its European
sugar refining business have been "substantially reduced"
due to higher costs and oversupplies.
Tate & Lyle's new Global Food Ingredients Group, which will be
responsible for global food ingredients marketing and growth
opportunities, reflects the acceleration of the group's growth
strategy.
Weight and health concerns continue to propel the market for
low-calorie sweeteners, with a host of recent global product
launches showing the popularity of sugar replacer aspartame in new
sugar and sweetener formulations, reports...
Sales of diet candy more than quadrupled between 2000 and 2004,
fueled by better-tasting products, improved formulations and
heightened concern over weight gain in adults and children,
writes Anthony Fletcher.
Tate & Lyle was yesterday taken to task by environmental groups
and local residents over its plans to extend its Splenda factory in
McIntosh, Alabama, reports Philippa Nuttall.
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
Partos.
The dispute between the sugar industry and McNeil Nutritionals
advanced a small step this week when a federal court in Los Angeles
ruled that the Sugar Association can continue its claim into
whether McNeil's Splenda campaign...
Improved blends with the high intensity sweetener Acesulfame K have
brought volume gains in the buoyant sweetener market, says
Nutrinova, the German firm that supplies the sugar-replacer under
the Sunett brand, writes Lindsey Partos.
NutraSweet has decided to restart a factory line in Georgia that
has been inactive since 2003 to increase production of the
sweetener aspartame, reports Philippa Nuttall.
Coke war drives innovation in diet drink sweetener formulations
with the number one soft drinks player Coca-Cola rolling out a new
aspartame and acesulfame potassium based cola onto the market,
writes Lindsey Partos.
Sales of the sugar substitute neotame more than quadrupled last
year as food and beverage manufacturers searched for low calorie
alternatives in the face of rising obesity, said its makers,
writes Philippa Nuttall.
The Florida Consumer Action Network (FCAN) on Wednesday added its
voice to the chorus calling for the FTC to examine the McNeil
Nutritionals led advertising campaign for the artificial sweetener
Splenda, writes Philippa Nuttall.
Swiss Research believes it has created the "holy grail" of
sweeteners, a natural alternative to the synthetic varieties
frequently lambasted by the media, it officially announced on
Tuesday, Philippa Nuttall reports.
Tate & Lyle's Splenda brand in the news again this week as
McNeil Nutritionals, the table-top supplier of this increasingly
popular sweetener, takes the US sugar industry to court.
Sales and consumer awareness of sweetener from UK manufacturer Tate
& Lyle look set to rise as number one global soft drinks player
launches a new version of Diet Coke, complete with Splenda
sucralose logo on the packaging, writes...
Sales and consumer awareness of sweetener from UK manufacturer Tate
& Lyle look set to rise as number one global soft drinks player
launches a new version of Diet Coke, complete with Splenda
sucralose logo on the packaging, writes...
The US sugar association files a lawsuit against McNeil
Nutritionals, the supplier of successful sweetener Splenda,
following swiftly on from a complaint in November by US NutraSweet
supplier Merisant.
Pricing rounds in the tough sweeteners market draw to a close with
UK starch and sweetener supplier Tate & Lyle expecting a slight
fall in margins for Europe.
Pressure on price and market share for Nutrinova, a leading
supplier of non-nutritive sweetener acesulfame-K, is set to rise as
a key patent for the sweetener will soon reach its deadline,
reports Lindsey Partos.
The boss of UK starch and sugar group Tate & Lyle, currently
enjoying booming sales for its sweetener 600 times sweeter than
sugar, has hooked the European Businessman of the Year award from
leading US business magazine Forbes.
Booming sales for its popular sweetener give UK starch and sugar
business Tate & Lyle the necessary leverage for the firm to
re-enter the FTSE 100 index after a seven-year break.
Tate & Lyle, the world's only maker of the increasingly popular
sweetener sucralose, must prioritise needs of existing customers as
demand for the additive 'far exceeds our expectations.'
UK sweetener firm Tate & Lyle strengthens its position in the
South African ingredients market, buying up small ingredients
supplier Dolcre for €1.9 million.
Month-on-month growth for Tate & Lyle's zero calorie sweetener
combined with a faster than expected decline in European cereal
prices helped the UK firm post a high single-digit rise in profit
for the first half of the year,...
An editorial in the British Medical Journal this month that
concludes criticisms of aspartame are 'unfounded' adds fuel to the
ongoing debate surrounding this popular sweetener used widely in
food and beverage applications.
Competition in the sweeteners market could move up a gear in the
near future as Japanese scientists harness production capacity for
the taste-altering protein miraculin that makes sour foods taste
sweet,reports Lindsey Partos.
Plans to sell German food ingredients business Nutrinova are on
hold as chemical company Celanese opts to keep the producer of
Sunett sweetener, for now.
A US firm is to use the zero calorie sweetener sucralose for a new
chocolate drink - further evidence that opportunities continue to
grow for the sweetener produced by UK ingredient supplier Tate
& Lyle.
A new study on artificial sweeteners reported in the news yesterday
has fuelled a rapid response from the soft drinks industry, which
branded the research by US researchers at Purdue University as
'pure speculation'.
Artificial sweeteners may disrupt the body's natural ability to
'count' calories based on foods' sweetness, claim US researchers,
suggesting mouthfeel plays a crucial role in gauging calories and
casting a potential...
Long term investments in added-value products contributed to
British starch group Tate & Lyle's end of year results with
strong US performance offsetting squeezed margins due to surging
raw material prices. A lift in demand...
Days after EU ministers at the Agriculture Council huddled together
to chew over impending changes to the sugar regime, leading
sweeteners group Tate & Lyle tells the market that no surprises
are in store for 2005.
Food manufacturers using the sweetener cyclamate face change as
they come to grips with new European rules that radically reduce
the use of this man-made, non-caloric sweetener 30 times as sweet
as sucrose. German ingredients firm...
Britain's Tate & Lyle group and the US-based McNeil
Nutritionals are to change the way they handle production, sales
and marketing of sucralose, the sweetener developed jointly by the
two companies, following the recent opening...
Long awaited rules on the use of the sweetener sucralose entered
into European law last week, ushering in new market opportunities
for suppliers of this zero calorie product.
Sales of the high intensity sweetener acesulfame K look set to rise
for ingredients firm Nutrinova with the company confirming this
week that the FDA has approved its non-carbohydrate sweetener
Sunett as a general purpose sweetener...
Nutrinova, German based supplier of speciality ingredients, claimed
this week that the recent UK approval in March of sucralose for use
in food and beverages has opened up new opportunities for
developing blends with the high-intensity...
Tate & Lyle and McNeil Nutritionals announced the realignment
of their sucralose activities into a new global alliance designed
to maximise the market penetration and accelerate the worldwide
growth of sucralose.
