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...
Welcomed by sweetener suppliers, scientists at the world's biggest
food ingredients exhibition claim this week that there is no
credible evidence to 'single out' the common sweetener high
fructose corn syrup (HFCS)...
After months of unsuccessful talks, the US yesterday successfully
secured a World Trade Organisation panel to investigate its claim
that the Mexican 'discretionary tax' introduced for corn sweeteners
such as high fructose...
UK ingredients maker Tate & Lyle faces paying out a hefty sum
as the sweetener firm seeks to settle a US lawsuit alleging that
its US unit AE Staley played a role in fixing the price of high
fructose corn syrup, a sweetener used...
Ingredients supplier Archer Daniels Midland (ADM) said on Thursday
that it had reached a $400 million (€333m) settlement in an
anti-trust case that claimed the US firm conspired to fix the price
of the food sweetener high fructose...
Despite higher raw material prices Corn Products International, a
US maker of corn syrups sweeteners, saw profits and sales rise for
the year, citing sales in North America and a better price-product
mix as key factors responsible...
Agribusiness giant Archer Daniels Midland yesterday announced it
will increase its capacity for the production of the sweetener
liquid sorbitol at its Decatur plant in the US by 60 per cent.
Cadbury's rapid expansion over the last few years has boosted sales
in the first half of the year, but the increasing cost of
restructuring its business took a hefty toll on profits.
Tate & Lyle, the world's biggest sugar company, has unveiled a
sharp increase in profits driven by strong sales in its sweetners
and starch division, together with a recent round of disposals and
cost cuts.
