Tate & Lyle plc

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

UK: Tate & Lyle shares up on offer speculation

19 Jan 2007

Shares in Tate & Lyle traded were up today (19 January), as the UK media linked the sugar and sweetener company as a target for acquisition.

UK: Tate & Lyle Ventures invests in Lumora

12 Jan 2007

Tate & Lyle Ventures, the US$45m venture capital fund specialising in the renewable ingredients, food technologies and renewable resources fields, has announced its first investment, in the UK-based food safety diagnostics company Lumora.

UK: Tate & Lyle not expecting sugar price recovery

18 Dec 2006

Sugar manufacturer Tate & Lyle has seen its shares drop today (18 December) after providing a trading update for its 2007 calendar year that forecasted low ethanol margins and sugar prices for its Food & Industrial Ingredients, Americas division.

UK: ABN upbeat on 2007 food outlook

15 Dec 2006

ABN Amro has given European food producers a boost by saying that it expects solid top-line growth from the sector in 2007.

UK: Tate & Lyle posts sweet profit rise

1 Nov 2006

Tate & Lyle posted a 26% rise in first half profits despite flat sales of the company’s biggest earner Splenda, as it increased sales of sweeteners and starches.

UK: Tate & Lyle names new executive director

31 Oct 2006

UK-based sugar and ingredients group Tate & Lyle has announced the appointment of Elisabeth Airey as a non-executive director with effect from 1 January 2007.

UK: Lyle’s Golden Syrup launched in sachet format

31 Oct 2006

British confectionery brand Lyle’s Golden Syrup has introduced new portion packs into the catering designed for people eating breakfast out of the home.

UK: Tate & Lyle to sell on European food business

25 Oct 2006

Following the adoption of the EU’s new sugar regime, Tate & Lyle has evaluated its plans for the company’s Food & Industrial Ingredients, Europe, business and has concluded that ownership no longer an essential element of its strategy, which is to increase the company’s focus on value added products.

ISREAL: Tate & Lyle combining with and Gadot for sugar plant

6 Oct 2006

Tate & Lyle will be teaming up with Gadot Biochemical Industries in a joint-venture to operate a sugar plant in Isreal.

UK: Tate & Lyle sees results on-track

2 Oct 2006

Shares in UK sugar and ingredients company Tate & Lyle rose in early trade today (2 October) after the company announced that trading to 30 September continued to be in line with expectations, adding that it anticipated results ahead of those reported for the corresponding period of the prior year and reaffirming the company's full year guidance.

UK: Lyle’s Golden Syrup enters Guinness Book of Records

28 Sep 2006

The Guinness Book of Records has named Lyle’s Golden Syrup the oldest brand in Britain. Its green packaging has been decorated with the image of a golden lion and bees since 1885. The design of the classic tins has changed little in 120 years and the tins still carry the biblical quotation "out of the strong came forth sweetness".

UK: Tate & Lyle targets 30% increase in value added business

7 Sep 2006

UK sugar, sweetener and starch manufacturer Tate & Lyle has said that it is committed to the targeted 30% increase in profit contribution from value added products.

UK: Tate & Lyle launches venture capital fund

24 Jul 2006

A new venture capital fund, backed by UK-based sugar company Tate & Lyle, has been formally launched today (24 July).

US: Tate & Lyle boosted by strong Q1

19 Jul 2006

Shares in Tate & Lyle were boosted today (19 July) after chairman Sir David Lees told investors at the company’s AGM that first quarter results were “well ahead” of last year.

UK: Director buys Tate & Lyle shares

13 Jun 2006

Tate & Lyle said today that John Nicholas, the company's group finance director, has purchased 35,000 ordinary shares of 25 pence each in the capital of the company at 571 pence per share.

UK: Tate & Lyle underlying profits up 16% but sugar regime costly

26 May 2006

Tate & Lyle posted a 16% rise in underlying profit yesterday (25 May) with a strong performance from artificial sweetener Sucralose and US growth helping to offset a weaker performance in European markets. However, a one-off exceptional impairment charge relating to changes to the European sugar regime hit profits hard.

UK: Tate & Lyle finance director to retire

25 May 2006

Tate & Lyle said today (25 May) that Simon Gifford will retire as group finance director and from the board of Tate & Lyle at the close of the Annual General Meeting on 19 July 2006.

US: Tate & Lyle to invest $260m in corn wet mill

25 May 2006

Tate & Lyle has unveiled plans for a GBP140m (US$260m) investment to construct the first phase of a new corn wet mill in Fort Dodge, Iowa.

US: Tate & Lyle sues for patent infringement

23 May 2006

Tate & Lyle Sucralose, the US subsidiary of British-based sugar group Tate & Lyle, has filed a suit in the US District Federal Court for Central Illinois against a Chinese manufacturing group based in Hebei province and six US importers of sucralose, alleging infringement of patented sucralose manufacturing technology.

UK: Tate & Lyle launches low-cal fruit dessert solution

10 Apr 2006

Sugar group Tate & Lyle has launched two new solution sets targeted at the European fruit dessert industry.

UK: Tate & Lyle issues trading update

29 Mar 2006

The UK-based sugar group Tate & Lyle said today (29 March) that its trading performance since 25 January 2006 has been “generally encouraging”. The company issued a trading update prior to entering its closed period for the year ending 31 March 2006.

ISRAEL: Tate & Lyle makes inroads with sugar plant

8 Mar 2006

The UK sugar producer and ingredients company Tate & Lyle has announced that it will build and operate a sugar plant in Israel with an Israeli partner.

UK: Tate & Lyle shares drop as sucralose alternative emerges

15 Feb 2006

Tate & Lyle announced yesterday (14 February) that the company is looking into the sale of a tabletop sweetener, Altern, in some US Wal-Mart stores.

UK: Tate & Lyle trading outlook remains unaltered

25 Jan 2006

Following the annual sales contract pricing rounds at three of its major businesses – Food & Industrial Ingredients Europe, Sugars Europe and Food & Industrial Ingredients Americas – Tate & Lyle issued a trading update confirming that the company expects to deliver on-target results for the year to 31 March.

GREECE: Tate & Lyle to close Thessaloniki plant

16 Jan 2006

Industry ingredients manufacturer Tate & Lyle is proposing to shut down its corn wet milling plant in Thessaloniki, Greece, by September 2008 due to anticipated losses forced by new EU sugar regulations.

UK: UBS lowers Tate & Lyle rating

22 Dec 2005

Enter summary here

UK/USA/ITALY: Tate & Lyle buys two food ingredient companies

5 Dec 2005

UK sugar and sweetener company Tate & Lyle has announced today (Monday) the signing of agreements to acquire US specialty food ingredients company Continental Custom Ingredients and the Italian based Cesalpinia group of companies.

UK: Tate & Lyle welcomes ministers’ changes to EU sugar plan

25 Nov 2005

Sugar company Tate & Lyle has welcomed the decision by EU farm ministers to reduce the amount by which sugar prices are to be cut and delay the implementation of the reduction, in the sugar sector reform agreement reached at their meeting on Thursday.

UK: Tate & Lyle says H1 Splenda sales up 19%

3 Nov 2005

UK sugar and sweetener firm Tate & Lyle has said profit before tax, exceptional items and amortisation of patents for the six months to 30 September was £136m (US$241.8m), a rise of 7% from a year earlier.

EUROPE: Tate & Lyle appoints head of European sugars unit

11 Oct 2005

UK-based food ingredients firm Tate & Lyle has announced the appointment of Ian Bacon as chief executive of its European sugars division.







Forgot your password?