The proceeds from Tate & Lyle's sale of its EU sugar business should give bosses the firepower to develop an added-value food ingredients business of at least £500m, according to City analysts.
Tate & Lyle believes that developing a better understanding of
food manufacturing concerns will enable the company to deliver
better ingredient solutions.
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.
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.
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
Lindsey Partos.
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.
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.
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...
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.
