Tate & Lyle to increase Krystar manufacturing capacity

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Tate & Lyle announced today a 20% increase in the capacity of its KRYSTAR® crystalline fructose plant in Lafayette, Indiana. The expansion will be completed by August 2003. No additional staffing or increase in corn grind will be required. D. Lynn Grider, President and CEO of Staley, said: "Crystalline fructose is an important food ingredient and Tate & Lyle is the world’s largest producer. Demand has grown steadily since our introduction of KRYSTAR® in 1987 and this expansion demonstrates our commitment to serving our customers and maintaining leadership in this market." KRYSTAR® crystalline fructose is an intense nutritive sweetener offering calorie reduction, enhanced flavour, improved texture or mouthfeel and extended shelf life. These benefits have provided significant growth opportunities for KRYSTAR® in liquid and powdered beverages, breakfast cereals, baked goods, desserts, dairy products, processed fruits, nutritional products and a wide variety of reduced calorie foods. About Tate & Lyle Tate & Lyle is a world leader in carbohydrate ingredients. Our core competence is to take basic carbohydrates - corn, wheat or sugar - and add value to these raw materials through technology. As a result of continuous innovation we offer an ever-wider product portfolio of versatile and functional ingredients. These products include Cereal Sweeteners, Starches, Sugars and Citric Acid. Our products have wide applications in the food, beverage, pharmaceutical, cosmetic, paper, packaging and building industries. With headquarters in London, the Group has 8,500 employees and 50 plants in 24 countries. Sales in the 53 weeks to 31 March 2002 totalled £3.9 billion. Tate & Lyle ordinary shares trade on the London Stock Exchange under TATE.L. In the US, ADRs trade on the NASD OTC Bulletin Board under TATYY (each ADR is equal to four ordinary shares). Additional information can be found at the website www.tateandlyle.com.

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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