Tate & Lyle Enters Into Agreement with Jamaican Government for Supply of Raw Sugar
Ian Bacon, Chief Executive, Tate & Lyle Sugars commented: “We are delighted to have concluded this agreement which continues our long history of partnership with the Jamaican sugar industry.
22 Apr 2010 --- Tate & Lyle announces that it has entered into a pre-financing agreement with the Jamaican government for the supply of raw sugar. The agreement requires the supply of 100,000 tonnes of raw sugar to Tate & Lyle during the 2011 calendar year, of which approximately 40 percent is expected to be received during Tate & Lyle's financial year ending 31 March 2011.
Ian Bacon, Chief Executive, Tate & Lyle Sugars commented: “We are delighted to have concluded this agreement which continues our long history of partnership with the Jamaican sugar industry. The agreement represents another important step towards meeting the strategic supply objectives of our European Sugars business."
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