Ingredients manufacturer Tate & Lyle reported an 85% rise in profit before tax in its full-year results, reflecting the weak value of sterling and an “excellent commercial and manufacturing performance”, it claimed.
Food ingredients manufacturer Tate & Lyle expects to exceed its targets for the full financial year, according to its latest financial update for the three months to December 31.
Ingredients maker Tate & Lyle has boosted profits after major restructuring in the wake of a difficult 2015, but sales remain flat.
Tate & Lyle’s prospects remain encouraging despite the poor share price, news revealed today (October 4) in its trading update for the six months to September 30, says City analyst Investec.
European sweetener demand and ingredients volume growth lifted Tate & Lyle’s interim results, offsetting weak US figures, according to the multi-national ingredients processor.
Tate & Lyle has launched a £30M venture capital fund to help develop new ingredients and boost small start-up firms.
Tate & Lyle says its new salt reduction ingredient, Soda-Lo Salt Microspheres, enables manufacturers to reduce salt levels by up to 50% without sacrificing on a product's taste.
Financial analysts have welcomed Tate & Lyle’s trading update for the six months ending September 30 but warned of a challenging second half.
Stronger industrial starch margins in Europe have boosted sales at sweeteners manufacturer Tate & Lyle following the announcement of the firm’s full year results.
An increase in the price for iso-glucose, driven by strong sugar prices, has boosted results at Tate & Lyle, according to city analysts, following the firm’s latest trading update.
Tailor-made cocoa controls recipe cost
To help food manufacturers stabilise costs in the midst of supply issues and volatile cocoa prices, Tate & Lyle has manufactured a cocoa replacement ingredient using a high-quality carob powder. The product, called Carcao, should enable manufacturers...
Tate & Lyle heralds functional future
Tate & Lyle is dramatically increasing work on a wide range of functional ingredients after founding its Speciality Food Ingredients Business in 2010.
Tate & Lyle could be vulnerable to a takeover by an industry rival such as Cargill, according to a lawyer specialising in food industry mergers and acquisitions.
Tate & Lyle has announced the sale of its molasses business to international commodity trader W&R Barnett for £67m, as it continues to shift its focus to speciality food ingredients and reduce net debt.
Tate & Lyle agrees sale of molasses business
Tate & Lyle has agreed the sale of its molasses business to W&R Barnett for £67 million cash, a deal that is consistent with its strategy to dispose of its bulk ingredient operations and focus instead on specialty ingredients.
Tate & Lyle could net a further £70m from selling its molasses trading and Vietnam sugar businesses following the £211m sale of its EU sugar division, according to Investec Securities.
The acquisition of National Starch appears to be off the agenda at Tate & Lyle, with the firm now "set to fall into enemy hands", according to analysts at Investec Securities.
Tate & Lyle shifts focus as profits fall
Tate & Lyle has announced a major shake-up of its business, shifting focus to specialty food ingredients and away from its traditional sugar business.
BioPlus: Sucralose sales could double in 4-5 years
Volumes of sucralose sold in Europe could double in the next four to five years, according to one supplier challenging Tate & Lyle’s monopoly of the market.
Tesco and Sainsbury plan own-label sucralose launches
Tesco, Sainsbury and Morrisons all aim to launch own-label sucralose-based sweeteners this year to compete with Tate & Lyle’s Splenda product, FoodManufacture.co.uk has learned.
Tate & Lyle teams up with Bakemark to launch flapjack
Bakemark has launched its first Tate & Lyle branded product, after the two companies established a licensing agreement in March this year.The new...
Tate & Lyle swallow bitter sucralose pill
The gradual chipping away at Tate & Lyle’s monopoly of the global sucralose market is continuing apace with news that another rival is...
Tate and Lyle’s decision to mothball its sucralose plant in McIntosh, Alabama, has “nothing to do with weak demand” but follows a scientific...
Javed Ahmed will join Tate & Lyle, as its new chief executive by November 15, 2009.Iain Ferguson, currently chief executive of Tate & Lyle,...
Managing the historical site that processes Tate & Lyle's much loved Golden Syrup brand is no mean feat for Dr Ian Clark, who relishes the challenge of running this 'hi-tech working museum'
Tate & Lyle battles on
Tate & Lyle aims to fight on in its patent infringement case against rival sucralose suppliers, despite an unfavourable initial ruling from the...
Tate & Lyle faces some serious competition as indian rival enters the sucralose market
Tate & Lyle clashes with union over outsourcing
Tate & Lyle has dismissed allegations that outsourcing raw sugar operations at its Silvertown refinery in London could compromise workers’...
Hey, big spender
With $42M to spend on research and development, Dr Robert Fisher, Tate & Lyle's head of global R&D, spent a little time with Elaine Watson. They talked core competencies
Tate & Lyle boss faces calls for resignation
City analysts have called for the resignation of Tate & Lyle chief executive Iain Ferguson after a profit warning that wiped more than £700M off...
Is National Starch division top of Tate & Lyle's shopping list?
Tate & Lyle will be first in the queue to snap up National Starch's specialty starches division if its new owners decide to raise a for sale sign...
Who's the sugar daddy now?
The Indian company representing the most serious challenge to Tate & Lyle's monopoly of the highly lucrative sucralose market claims it will be...
Tate & Lyle's new venture
Tate & Lyle's new venture capital fund has just invested in its first business after investigating more than 50 potential opportunities in Europe...
Sluggish Splenda is a cause for concern
Fears that Tate & Lyle's moneyspinning sweetener Splenda sucralose may not be the long-term cash cow that investors had been led to believe...
Tate & Lyle has filed an amended complaint to its lawsuit alleging patent infringements against its high intensity sweetener Splenda...
Sucralose war looms as Wal-Mart takes the shine off T&L's Splenda
Tate & Lyle has shrugged off the latest threat to its money-spinning Splenda sucralose business as a minor irritation while it ramps up...
Large supplies of the sweetener sucralose could soon challenge Tate & Lyle's SPLENDA product
High-intensity sweetener suppliers are working with the bakery industry in an effort to change the rules preventing the use of such artificial...
Light bite delights
Ingredients manufacturers are put to the test as snack processors demand salt and sugar substitutes to transform their naughty nibbles into tasty, but healthy treats. Sarah Britton looks at the latest developments designed to make mouths water
Tate & Lyle adds value
Tate & Lyle plans to grow the added value side of its business to 60% over the next few years as its traditional sugar business is hit by reforms...