Tate & Lyle announces price increases on its Food & Beverage Solutions products in North America

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6 September, 2019, Chicago, US: Tate & Lyle, a leading global provider of food and beverage ingredients and solutions, announces that effective October 1, 2019 or as contracts allow, the Food & Beverage Solutions business in North America will implement price increases of up to 12% on specialty food starches, fibres, specialty and high intensity sweeteners, and stabilization and functional systems.

These adjustments are required following increase in costs to produce the affected products. 
 
Customers should contact their Tate & Lyle account manager for further details.


For more information contact Tate & Lyle PLC: 
 
Christopher Marsh, VP Investor Relations 
Tel: +44 (0) 20 7257 2110 or Mobile: +44 (0) 7796 192 688
 
Nick Hasell, FTI Consulting (Media)
Tel: +44 (0)20 3727 1234 or Mobile: +44 (0)7825 523 383
 

About Tate & Lyle: 
Tate & Lyle PLC is a leading global provider of food and beverage ingredients and solutions. 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, mouthfeel and fibre fortification, our Food & Beverage Solutions business develops solutions which reduce sugar, calories and fat, add fibre, and provide texture and stability in categories including beverages, dairy, bakery, soups, sauces and dressings. Our Primary Products business produces nutritive sweeteners, industrial starches used in paper and packaging, acidulants and products used for animal nutrition.

We have around 4,200 employees working in more than 60 locations across 30 countries. Tate & Lyle’s purpose is Improving Lives for Generations and through 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 2020, Tate & Lyle sales totalled £2.9 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on TwitterLinkedin or Facebook.