Tate & Lyle announces plans for new food ingredients

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Tate & Lyle PLC today announced plans to develop and manufacture a new range of products based on its world-leading fermentation capability. An efficient proprietary process, newly developed by Tate & Lyle’s Research & Development team, will be commercialised to produce Xanthan Gum and other related bio products from carbohydrate feedstock. Xanthan, which currently has a global market that totals more than $250 million, is used extensively as a food ingredient, offering thickening and gelling properties. It also has a number of important industrial applications in coatings, pharmaceuticals, adhesives, cosmetics and oil well fluids. The phase-one plant will be added to existing facilities in Decatur, Illinois. First product from the plant is expected to be commercially available within approximately 18 months. It is anticipated that full-scale capacity will be added in subsequent phases, dependent on market conditions. "This move is in line with our strategy to grow Tate & Lyle’s valued added carbohydrate-based ingredients," Simon Gifford, Tate & Lyle Group Finance Director said. "We already supply the world’s major branded food companies with a range of high-quality ingredients. This development will widen our product base using our existing sales, technical and distribution teams as well as providing an important testing platform for fermentation developments coming out of our global Research and Development team."

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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 3,500 employees working in around 57 locations across 39 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 2023, Tate & Lyle revenue from continuing operations totalled £1.75 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on LinkedinX (Twitter)Facebook or YouTube