Tate & Lyle announces major investment programme in its facility in Slovakia to produce dietary fibres

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London, UK, 24 October 2023: Tate & Lyle PLC (Tate & Lyle), a world leader in ingredient solutions for healthier food and beverages, announces a major investment programme in its corn wet mill in Boleráz, Slovakia, to establish new capacity for its leading non-GMO PROMITOR ® Soluble Fibres.

Smiling Boleraz engineer operating machinery

The production of fibres during the first phase of the programme will start in mid-2024, representing a €25 million investment. This programme is expected to significantly increase Tate & Lyle’s fibre capacity to serve both its European and global customer base. Developed with Tate & Lyle’s proprietary fibre production know-how and using the latest technology to drive operational efficiencies, this state-of-the art facility in Boleráz, will give Tate & Lyle the ability to expand existing PROMITOR® product lines, and add new ones, over time.

This major investment programme will help Tate & Lyle to meet growing consumer demand for fibre as a tool for supporting gut health and immunity. Tate & Lyle’s proprietary research shows that over half (54%)1 of global consumers plan to consume more fibre. Customer demand for sugar reduction solutions, where fibre can play an important role, also remains high, with sugar and calorie reduction claims being included frequently in new fibre fortified product launches.2

Abigail Storms, Tate & Lyle’s SVP Fibre and Sweetener Platform, said: “Tate & Lyle is the only dietary fibre producer with production in three continents.3 With the addition of this state-of-the-art production facility to our fibre network, we will offer customers even greater security of supply, with efficiency benefits intended to support accessible nutrition so that more consumers can access the many benefits of fibre.”

Dr. Kavita Karnik, Tate & Lyle’s Global Head of Nutrition, Regulatory and Scientific Affairs, added: “We know that reaching the daily fibre recommendation is challenging, and for most people it is difficult to do so without exceeding their recommended calorie intake. This is where reformulation of the everyday products like breakfast cereals, yoghurt, and bakery products, can be really effective in improving nutritional intake. Our PROMITOR ® Soluble Fibres have been shown to support gut health, promote calcium absorption and helping to maintain a healthy blood glucose response. Emerging science shows it may provide even wider benefits, including brain and metabolic health.”

ENDS

References

1.Tate & Lyle Proprietary Global Ingredient Perception Research 2022-23
2. Mintel GNPD Data 2017-22 shows 14% of high or added fibre launches carried a ‘no added sugar’ claim (17% CAGR over the timeframe), followed by 10% carrying a ‘low/reduced sugar’ claim (17% CAGR), and 7% carrying a ‘low/no/reduced’ calorie claim (3% CAGR).
3. Tate & Lyle’s other fibre production facilities are in the US, the Netherlands and China.

For media enquiries, contact:

Anna Taylor-Elphick, Snr Manager, Global Corporate PR, Tate & Lyle PLC
[email protected] / +44(0)7766361515

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About Tate & Lyle:  

Supported by our 160-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients every day. 

Through our expertise in sweetening, fortification, and texture, we develop ingredient solutions which reduce sugar, calories, and fat, add fibre and protein, and provide texture and stability in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings. 

We have more than 3,300 employees working in around 58 locations in 39 countries, serving customers across 121 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives Through the Science of Food. By living our purpose we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet. 

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 2024, Tate & Lyle revenue from continuing operations totalled £1.65 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on LinkedInX (Twitter)Facebook or YouTube