TATE & LYLE BEVERAGE INNOVATOR OF THE YEAR FINALIST

20 Sep 2013

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Munich - (20 September 2013) - Tate & Lyle, a global provider of ingredients and solutions to the food, beverage and other industries, is a finalist for the prestigious Beverage Innovation Award for its latest prototype, Drop by Drop, at Drinktec 2013 in Munich, Germany.

The application made with SPLENDA^® Sucralose responds to consumers’ increasing focus on maintaining a healthy lifestyle, which is helping to drive innovation in the production of reduced/low calorie drinks.

To meet that demand, Tate & Lyle’s beverage experts created Drop by Drop, a new cost effective and intensely sweet beverage concentrate with compact packaging ideal to be consumed on-the-go. It is designed to be added to still or sparkling bottled water to produce a great tasting, flavoured drink with zero calories and a high-quality sweetness profile.

Judges at the awards recognised the innovation behind Drop by Drop as one of the first on-the-go, zero calorie liquid concentrates on the European drinks market.

With the sweetening power approximately 600 times that of sugar, SPLENDA^® Sucralose, has zero calories, a great taste profile and provides consumers with all the flavour they expect from their drinks, with the added benefit of a lower calorie intake and maintaining sweetness over a long period.

Tate & Lyle’s formulation experts have over 30 years’ experience in perfecting SPLENDA^® Sucralose which has been trusted in the development of more than 5,000 products in over 80 countries.

Anyvonne Deguy, Sucralose Product Manager, EMEA at Tate & Lyle, said: “It is very satisfying to be recognised by our industry for being at the forefront of innovation which is at the heart of everything we do at Tate & Lyle. We are delighted that the judging panel has acknowledged Drop by Drop and are looking forward to rolling out this concept across the market.”

DrinkTec is the world’s premier trade event for beverage and liquid food technology. Now in its 10th year, the leading industry innovation awards scheme is organised by FoodBev Media to recognise global excellence in drinks industry innovation.

For more information on Tate & Lyle, visit: www.tateandlyle.com

ENDS

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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

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