Tate & Lyle announces major expansion of maltodextrin capacity at its facility in Boleraz, Slovakia

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Production of infant food grade non-GMO MALTOSWEET® Maltodextrin to be more than doubled over next two years to meet growing global demand

Our non-GMO MALTOSWEET® Maltodextrin product line to be extended

London, UK, 09 October, 2017 – Tate & Lyle PLC (‘Tate & Lyle’), a leading global provider of speciality food ingredients and solutions, today announces plans to more than double capacity of its non-GMO MALTOSWEET® Maltodextrin product line at its facility in Boleraz, Slovakia.  

This major expansion of food grade and infant food grade non-GMO MALTOSWEET® Maltodextrin is expected to be completed in 2019.

MALTOSWEET® Maltodextrin is a nutritive corn-based speciality sweetener made from locally sourced non-GMO dent and waxy corn starch. It is available in powder and granular formats. Maltodextrin acts as a binder, viscosity provider, fat replacer and bulking agent. The ingredient is used in a wide range of food and beverages such as infant formula, sports drinks, dairy desserts and sauces. 

Joan Braca, President, Speciality Food Ingredients, Tate & Lyle said:

“Tate & Lyle’s quality management systems ensure our non-GMO MALTOSWEET® Maltodextrin achieves the high quality standards our customers look for, particularly manufacturers of infant and growing-up formula.

“This expansion will enable us to meet growing customer demand for non-GMO maltodextrins, and particularly in the infant food sector for regions such as Europe, Middle East and Africa, and Asia Pacific. It will also further strengthen our speciality food ingredients solutions offering worldwide.”

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For more information contact:

Investor enquiries:

Christopher Marsh

Group VP, Investor Relations

Tate & Lyle PLC

+44 (0)20 7257 2110

+44 (0)779 619 2688

investor.relations@tateandlyle.com

 

Media enquiries and rights-free photos:

Anna Taylor

Corporate PR Manager,

Communications                                                                     

Tate & Lyle PLC

+44 (0)207 257 2209          

+44 (0)7766361515

MediaRelations@tateandlyle.com

About Tate & Lyle:
Tate & Lyle is a global provider of ingredients and solutions to the food, beverage and other industries, with operations in over 30 locations worldwide.

Tate & Lyle operates through two global divisions, Speciality Food Ingredients and Bulk Ingredients, supported by our Innovation and Commercial Development and Global Operations groups. The Group's strategy is to become a leading global provider of Speciality Food Ingredients through a disciplined focus on growth, and by driving Bulk Ingredients for sustained cash generation to fuel this growth.

Speciality Food Ingredients consists of three platforms: Texturants, which includes speciality starches and stabilisers; Sweeteners, which comprises nutritive sweeteners and our range of no-calorie sweeteners including SPLENDA® Sucralose; and our Health and Wellness portfolio which includes speciality fibres and our salt-reduction offering. Additionally, our Food Systems business provides a wide variety of blended ingredient solutions.

Tate & Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and fermentation products (primarily acidulants). Corn co-products from both divisions are primarily sold as animal feed.

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2017, Tate & Lyle sales totalled £2.8 billion. For more information, please visithttp://www.tateandlyle.com

SPLENDA® is a trademark of Heartland Consumer Products LLC.