Tate & Lyle to build £97m sucralose unit in Singapore

15 November 2004 00:01  [Source: ICB]

Tate & Lyle is to build a £97m (€139m/$179m) sucralose manufacturing unit in Singapore. It will be the company’s second sucralose facility and is being constructed in response to sustained international demand for Splenda sucralose, used as an artificial sweetener.

The new plant will complement existing production in the US at McIntosh, Alabama. It will use a patented manufacturing process and will be completed by January 2007. Once operational, the Singapore plant will have a capacity two-thirds of that at the Alabama facility.

Singapore was selected due to its attractive tariff structures, availability of a highly skilled workforce, proximity to key markets and support from the Singapore Economic Development Board, said Tate & Lyle.

Splenda sucralose is a no-calorie sweetener made from sugar. It tastes like sugar and has an excellent taste profile, which has driven high levels of demand from food and beverage producers around the world.

Iain Ferguson, chief executive of Tate & Lyle, commented: ‘Splenda sucralose continues to enjoy impressive growth in demand across all major food and beverage categories. Together with the previously announced investment in our Alabama facility, the new plant in Singapore will enable us to continue to meet our customers’ needs and better serve a growing global market.’

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