Full Description
Tate & Lyle PLC (TATE.L) (London Stock Exchange)
sector: Non-Cyclical Consumer Goods & Services .
industry: Food Processing ยท
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Tate & Lyle PLC (Tate & Lyle) is a manufacturer of renewable food and industrial ingredients. The Company, through its subsidiaries, is engaged in developing, manufacturing and marketing food and industrial ingredients made from renewable resources. The Company operates through four divisions: Food and Industrial Ingredients, Americas; Food and Industrial Ingredients, Europe; Sugars, and Sucralose. Tate & Lyle participates mainly in four markets: food and beverage; industrial ingredients; pharmaceutical and personal care, and animal feed. The Company holds a 16.6% interest in Tapioca Development Corporation. On January 21, 2009, the Company disposed of its interest in Orsan UK Ltd, the holding company of its Chinese monosodium glutamate business. On March 31, 2009, the Company completed the disposal of its International Sugar Trading business.
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