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Tate & Lyle completes expansion of glucose line in Slovakia

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Slovakia, 11th May 2010:

Tate & Lyle today announces that it has completed commissioning the major expansion to the glucose manufacturing lines at its corn wet mill in Slovakia’s Trnava region. The extension will increase the business in the region and will further reinforce the leading position of Tate & Lyle in Central and Eastern Europe.

The expansion will see the plant multiplying its total capacity in glucose syrups with the business looking to take advantage of increasing demand in a fast growing part of Europe. This development is part of the investment announced at Tate & Lyle’s preliminary results in May 2009 to expand the Slovakian plant in order to supply the increased EU isoglucose quota. Located in the corn belt of Europe, the Boleraz plant, part of Tate & Lyle’s Eaststarch joint venture, benefits from the area’s attractive agronomics as well as superior economies of scale.

“With the extension, we will gain processing flexibility which will enable us to develop even more varieties of glucose syrups and isoglucose blends in order to offer the tailored solutions our customers require.” said Beata Endre, Product Manager, Liquid Sweeteners.

Commenting, Valentin Stanimirov, Vice President Sales Liquid Sweeteners and Industrial Starches, said: “Despite the effects of the economic downturn, demand for glucose has stayed relatively stable over the last year. This, combined with the effects of the EU Sugar Regime reform and the fact that leading manufacturers have taken the decision to expand their Central and Eastern European operations, makes us confident that the newly expanded plant will be a great success.

“Importantly, the expansion will also allow the business to continue to expand its multi-functional portfolio of products for food and beverage customers, which is a key strategic focus for Tate & Lyle.”

Business leads the Eastern European glucose and sweeteners market About glucose syrup: Tate & Lyle’s GLUCAMYL glucose syrups are nutritive sweeteners made from corn. Glucose syrups bring structure and mouthfeel to a wide range of food applications while still providing sweetness and energy. Glucose syrups are vital ingredients in several food products, where e.g. sugar crystallization should be prevented, or good freeze-thaw stability is required. GLUCAMYL Glucose syrups are mainly used for confectionery, ice cream, fruit preparations, brewing, baking, ketchups and sauces. At Tate & Lyle we have a strong tradition of designing syrups to create the exact set of functional properties our customers require.

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About Tate & Lyle: 
Tate & Lyle 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 fortification, we develop solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability in categories including beverages, dairy, bakery, soups, sauces and dressings.

We have more than 3,500 employees working in around 60 locations across 30 countries. Tate & Lyle's purpose is Transforming Lives Through the Science of Food 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 2022, Tate & Lyle revenue from continuing operations totalled £1.4 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on TwitterLinkedin or Facebook.