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.
Food makers to see alternative supplies for sucralose as new
manufacturer for this booming sweetener hits European markets for
the first time, launching today in Amsterdam.
A European court has said that the marketing of the sweetener
Splenda is misleading to consumers, and has ordered that its
advertising slogans be ceased.
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
of commodities.
Tate & Lyle's new Australasian subsidiary is set to assume
responsibility from Danisco for the distribution of Krystar
crystalline fructose in the region.
Tate & Lyle has predicted sales and profits of its Splenda
sucralose product to 'only modestly' increase due to a slower than
anticipated acceleration of uptake from major customers.
Global ingredients manufacturer, Tate and Lyle, has announced that
expansion at its new artificial sweetener facilities is on target -
heralding an imminent boost in supplies to manufacturers.
A federal court has dismissed a lawsuit brought by McNeil
Nutritionals, the marketer of Splenda, against the Sugar
Association, accusing it of false advertising.
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.
Sucralose supplier Tate and Lyle warns profits at its European
sugar refining business have been "substantially reduced"
due to higher costs and oversupplies.
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.
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.
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.
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.
Merisant, the US maker of tabletop sweetener Equal and NutraSweet,
takes the marketer of sugar subsitute Splenda McNeil Nutritionals
to court, alleging advertising for the product is misleading.
UK sweetener firm Tate & Lyle strengthens its position in the
South African ingredients market, buying up small ingredients
supplier Dolcre for €1.9 million.
Strong campaigning by a top Singapore authority has lured UK sugar
giants Tate and Lyle to choose Singapore as the home of its new £97
million sucralose factory, as the firm looks to launch its zero
calorie, sugar-based sweetner across...
