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

[email protected]

 

Media enquiries and rights-free photos:

Anna Taylor

Corporate PR Manager,

Communications                                                                     

Tate & Lyle PLC

+44 (0)207 257 2209          

+44 (0)7766361515

[email protected]

About Tate & Lyle: 
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.

Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.

Food & Beverage Solutions consists of: Texturants, including speciality starches and stabilisers; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres.

Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants).  It also sells co-products from the corn milling process as animal nutrition.

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 2018, Tate & Lyle sales totalled £2.7 billion. For more information, please visit http://www.tateandlyle.com