Tate & Lyle welcomes announcement of revised Sugar Suspension Agreements

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Tate & Lyle welcomes the announcement by the US Department of Commerce and the Mexican Secretariat of Economy of the conclusion of the Suspension Agreements on sugar from Mexico.

Chicago, Illinois, US, 6 June 2017 – Tate & Lyle PLC (Tate & Lyle), a leading global provider of food ingredients and solutions, welcomes the announcement by the US Department of Commerce and the Mexican Secretariat of Economy of the conclusion of the Suspension Agreements on sugar from Mexico.

The Sugar Suspension Agreements, originally agreed in 2014, suspend the anti-dumping and countervailing duty investigations on imports of Mexican sugar into the US.  The Agreements also limit the amount of sugar that Mexican companies can export to the US, and set price floors for that sugar.

Tate & Lyle greatly appreciates the efforts of Secretary Ross in reaching the revised Sugar Suspension Agreements.  The revised Agreements are good news for US jobs and US farmers, and successfully protect a key export market for the US corn industry and US agriculture as a whole.


For more information contact:

Chris Olsen (for media in US)
VP, Community and Government Relations
Tate & Lyle PLC
+1-847-396-7615
[email protected]

Rowan Adams (for media outside US)
EVP, Corporate Affairs
Tate & Lyle PLC
Tel +44 (0)207 257 2100
Mob +44 (0)7713 067542
[email protected]

Christopher Marsh (for investor enquiries)
Group VP, Investor Relations
Tate & Lyle PLC
+44 (0)20 7257 2110
+44 (0)779 619 2688
[email protected]

About Tate & Lyle: 
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.

Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.

Food & Beverage Solutions consists of: Texturants, including speciality starches; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres; and Stabilisers and Functional Systems, which are bespoke ingredient blends that ensure foods retain their structure.

Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants).  It also sells co-products from the corn milling process as animal nutrition.

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 2019, Tate & Lyle sales totalled £2.8 billion. For more information, please visit http://www.tateandlyle.com or follow Tate & Lyle on Twitter or Linkedin.