Tate & Lyle welcomes announcement of revised Sugar Suspension Agreements

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Tate & Lyle welcomes the announcement by the US Department of Commerce and the Mexican Secretariat of Economy of the conclusion of the Suspension Agreements on sugar from Mexico.

Chicago, Illinois, US, 6 June 2017 – Tate & Lyle PLC (Tate & Lyle), a leading global provider of food ingredients and solutions, welcomes the announcement by the US Department of Commerce and the Mexican Secretariat of Economy of the conclusion of the Suspension Agreements on sugar from Mexico.

The Sugar Suspension Agreements, originally agreed in 2014, suspend the anti-dumping and countervailing duty investigations on imports of Mexican sugar into the US.  The Agreements also limit the amount of sugar that Mexican companies can export to the US, and set price floors for that sugar.

Tate & Lyle greatly appreciates the efforts of Secretary Ross in reaching the revised Sugar Suspension Agreements.  The revised Agreements are good news for US jobs and US farmers, and successfully protect a key export market for the US corn industry and US agriculture as a whole.


For more information contact:

Chris Olsen (for media in US)
VP, Community and Government Relations
Tate & Lyle PLC
+1-847-396-7615
Chris.Olsen@tateandlyle.com

Rowan Adams (for media outside US)
EVP, Corporate Affairs
Tate & Lyle PLC
Tel +44 (0)207 257 2100
Mob +44 (0)7713 067542
Rowan.Adams@tateandlyle.com

Christopher Marsh (for investor enquiries)
Group VP, Investor Relations
Tate & Lyle PLC
+44 (0)20 7257 2110
+44 (0)779 619 2688
Investor.Relations@tateandlyle.com

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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