Tate & Lyle announces major expansion of maltodextrin capacity at its facility in Boleraz, Slovakia

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Production of infant food grade non-GMO MALTOSWEET® Maltodextrin to be more than doubled over next two years to meet growing global demand

Our non-GMO MALTOSWEET® Maltodextrin product line to be extended

London, UK, 09 October, 2017 – Tate & Lyle PLC (‘Tate & Lyle’), a leading global provider of speciality food ingredients and solutions, today announces plans to more than double capacity of its non-GMO MALTOSWEET® Maltodextrin product line at its facility in Boleraz, Slovakia.  

This major expansion of food grade and infant food grade non-GMO MALTOSWEET® Maltodextrin is expected to be completed in 2019.

MALTOSWEET® Maltodextrin is a nutritive corn-based speciality sweetener made from locally sourced non-GMO dent and waxy corn starch. It is available in powder and granular formats. Maltodextrin acts as a binder, viscosity provider, fat replacer and bulking agent. The ingredient is used in a wide range of food and beverages such as infant formula, sports drinks, dairy desserts and sauces. 

Joan Braca, President, Speciality Food Ingredients, Tate & Lyle said:

“Tate & Lyle’s quality management systems ensure our non-GMO MALTOSWEET® Maltodextrin achieves the high quality standards our customers look for, particularly manufacturers of infant and growing-up formula.

“This expansion will enable us to meet growing customer demand for non-GMO maltodextrins, and particularly in the infant food sector for regions such as Europe, Middle East and Africa, and Asia Pacific. It will also further strengthen our speciality food ingredients solutions offering worldwide.”

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For more information contact:

Investor enquiries:

Christopher Marsh

Group VP, Investor Relations

Tate & Lyle PLC

+44 (0)20 7257 2110

+44 (0)779 619 2688

[email protected]

 

Media enquiries and rights-free photos:

Anna Taylor

Corporate PR Manager,

Communications                                                                     

Tate & Lyle PLC

+44 (0)207 257 2209          

+44 (0)7766361515

[email protected]

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About Tate & Lyle PLC:  

Supported by our 165-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 and solutions every day.  

Through our leading expertise in sweetening, mouthfeel and fortification, we develop ingredients and solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability to food and drink in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings.  

Tate & Lyle recently acquired CP Kelco, a leading provider of pectin, speciality gums and other nature-based ingredients to create a leader in mouthfeel, significantly enhancing our solutions capabilities. Following this combination, we now have more than 5,000 employees working in around 75 locations in 39 countries, serving customers in more than 120 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. For the year ended 31 March 2024, and on a pro forma basis which assumes for illustrative purposes that the combination with CP Kelco took place on 1 April 2023, revenue for the enlarged Tate & Lyle Group would have been £2.25 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube