Press Releases

Tate & Lyle PLC announces that despite expressions of interest from a number of parties and several weeks of detailed negotiations, the sale process has not produced an offer for its world-wide molasses and storage business ("UM") that reflects its contribution to the Group. UM continues to trade...

At the Annual General Meeting of Tate & Lyle PLC in London today, Sir David Lees, Chairman, made the following statement on current trading: We are at an early stage in our current financial year but I am pleased to report that trading in the quarter ended June 2002 is above our internal...

Tate & Lyle PLC and BBCA Biochemical of China announce the signing on 17 July of an agreement for Tate & Lyle to distribute BBCA citric acid products outside China. This agreement is a first step towards a broader global alliance and will be submitted to the EU Authorities for approval. Under the...

The following documents have been submitted to the UK Listing Authority’s Document Viewing Facility and are available for viewing from today: Tate & Lyle PLC’s Annual Report and Accounts 2002; Tate & Lyle PLC’s Annual Review 2002; Circular to shareholders incorporating the Notice of the 2002 Annual...

Tate & Lyle PLC announces that Mr. Larry Pillard is to relinquish his position as Chief Executive to take up the position of Executive Chairman of the Tetra Laval Group upon the retirement of the present Executive Chairman. Mr. Pillard will remain on the Board of Tate & Lyle as a Non-Executive...

Tate & Lyle PLC announces the disposal of its 5% interest in Royal Swaziland Sugar Corporation Limited. The book value of the investment was £3m at 30 September 2001. The shares have been bought by Ingwenyama in trust for the Swazi nation acting through Tibiyo TakaNgwane.The disposal is another...

Tate & Lyle PLC (“Tate & Lyle”) announces that it has today signed and completed the sale of Western Sugar Company (“Western”) to the Rocky Mountain Sugar Growers Co-operative ("RMSGC"). The effective date for the transaction is 31 March 2002.The consideration is US$85 million (£58 million), subject...

Tate & Lyle, the global renewable ingredients company, today announced the formation of a joint-venture with an Israeli partner to build and operate a sugar plant in Israel. The joint-venture company will supply high quality sugars to a range of users in the Israeli market. This will partially...

Tate & Lyle PLC ('Tate & Lyle') announces the sale of its 15% stake in East Asia Properties Ltd ('EAP') to East Asia Sugar Investment Ltd a subsidiary of the majority shareholder, the Mitr Phol Sugar Corporation Ltd. EAP is a holding company and owns majority stakes in five sugar factories in China...

Tate & Lyle PLC announces that it has decided to pursue a sale of its molasses and storage businesses comprising United Molasses (UK and overseas including UM Feeds Marketing), UM North America (PM Ag and UM Canada) and United Storage. PricewaterhouseCoopers Corporate Finance have been appointed to...