Tate & Lyle PLC (“Tate & Lyle”), a leading global provider of speciality food ingredients and solutions, today welcomed local dignitaries, employees and other guests to a ceremony to celebrate the formal opening of its new co-generation plant at its corn wet milling facility in Loudon, Tennessee.
The new natural gas-fired combined heat and power system, representing a US$60 million investment by Tate & Lyle, will significantly improve energy and operational efficiency at the Loudon facility, and reduce greenhouse gas emissions by nearly 50%. Tate & Lyle’s global CO2e emissions will also be reduced by around 10% as a result of this investment.
The natural gas for the combined heat and power system will be supplied through a new dedicated pipeline which, as well as meeting Tate & Lyle’s energy needs, will provide the wider area with additional natural gas capacity to support local economic development efforts.
Vicky Bullivant, Vice President, Sustainability, Tate & Lyle said:
“This is one of the largest carbon reduction projects carried out by Tate & Lyle, and clearly demonstrates our strong commitment to reducing our impact on the environment. This major investment reduces Tate & Lyle’s global CO2e emissions by around 10%, providing a step-change in our global carbon footprint.”
Gerry Schlueter, Plant Manager, Loudon, Tate & Lyle added:
“We’ve been working closely with the community and our local and state governmental representatives from the outset of this project, and I would like to thank them for their support.
“This major investment has big wins for both Tate & Lyle and the local community. Tate & Lyle reduces its environmental footprint at the Loudon facility by nearly 50%, which benefits the local community, and the new pipeline will supply extra natural gas capacity to the wider area providing support for local economic development."
Note to Editors:
1. Tate & Lyle achieved a score of 99/100 for its disclosure in the CDP (Carbon Disclosure Project) and attained performance band B, significantly above the Industry Group Average of 91/100 and a band C.
2. The Loudon plant processes US grown corn into both speciality sweeteners and bulk ingredients which are distributed widely throughout the Americas and globally.
3. Tate & Lyle’s Loudon facility has recently won three awards:
- The Environmental Award for Air Quality (>250 employees) and The Solid and Hazardous Waste Management Award both from the Tennessee Chamber of Commerce and Industry.
- The One Million Hour Safety Award (from January to June 2016) from the Corn Refiners Association.
4. The Loudon site is also home to DuPont Tate & Lyle Bio Products which provides natural and renewably sourced ingredients that enhance product performance.
For more information contact:
Chris Olsen (for media in US)
Community and Government Relations
Tate & Lyle PLC
+1-847-396-7615
Christopher Marsh
Group VP, Investor and Media Relations
Tate & Lyle PLC
+44 (0)20 7257 2110
+44 (0)779 619 2688
Investor.Relations@tateandlyle.com
Miriam Wilkens
VP, Communications
Tate & Lyle PLC
+44 (0)207 257 2144
+44 (0)7768775762
miriam.wilkens@tateandlyle.com