Official Opening of Tate & Lyles Splenda® Sucralose facility, Singapore
April 27, 2007
LONDONLim Hng Kiang, Singapores minister for trade and industry, toured Tate & Lyles Splenda® sucralose facility yesterday to commemorate the sites official opening. The facility, which was mechanically complete in Jan. 2007, will now begin the process of ramping-up to full capacity. This process is expected to take 12 to 18 months.
Iain Ferguson, chief executive said: Todays opening marks the culmination of a S$300m (£100m) project, which is Tate & Lyles largest ever investment in Asia. We are honored that Mr Lim Hng Kiang, Minister for Trade and Industry, is here to commemorate this important development in Tate & Lyles value added ingredient strategy.
The official ceremony included a plaque unveiling and plant tour. Guests included government officials, the British high commissioner and members of his team, the Singapore Economic Development Board, key customers, suppliers, distributors and contractors.
Splenda® sucralose (a no-calorie sweetener made from sugar) was invented by Tate & Lyle in 1976. Since gaining regulatory approval, this ground-breaking food ingredient has enjoyed success all over the world. It is currently in over 4,000 products worldwide. Tate & Lyle also operates a Splenda® sucralose facility in Alabama.
About Tate & Lyle
Tate & Lyle is a world leading manufacturer of renewable food and industrial ingredients. It uses innovative technology to transform corn, wheat and sugar into value-added ingredients for customers in the food, beverage, pharmaceutical, cosmetic, paper, packaging and building industries. The company is a leader in cereal sweeteners and starches, sugar refining, value added food and industrial ingredients, and citric acid. Tate & Lyle is the world number-one in industrial starches and is the sole manufacturer of Splenda® sucralose.
Headquartered in London, Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. In the US its ADRs trade under TATYY. The Company operates more than 65 production facilities in 29 countries, throughout Europe, the Americas and South East Asia. It employs 7,000 people in its subsidiaries with a further 4,800 employed in joint ventures. Sales in the year to 31 March 2006 totaled £3.7 billion. Additional information can be found on the companys website.
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