Tate & Lyle Establishes New Australia and New Zealand Subsidiary 

03/01/07 Tate & Lyle, a global leader in renewable ingredients, has formed a new subsidiary to serve the Australian and New Zealand food and beverage industry - Tate & Lyle ANZ Pty Ltd.

Tate & Lyle ANZ Pty Ltd, forms part of Tate & Lyle's Global Food Ingredients Group. Global Food Ingredients Group was established in 2005 to focus on global food ingredients marketing and maximising growth opportunities for Tate & Lyle's value added ingredient portfolio.

Tate & Lyle ANZ Pty Ltd, which has become operational on 1 January 2007, is based in Melbourne and will be headed by General Manager Faye Bowyer who joins Tate & Lyle from Nutrinova.

The new subsidiary will market Tate & Lyle's value added food ingredients (previously represented by Nutrinova) and SPLENDA Sucralose. Uniting these businesses will bring new opportunities in blending and ingredient solutions for the region's food and beverage producers. Tate & Lyle ANZ Pty Ltd will also distribute ingredients for Nutrinova (sweeteners and sorbates), Wild Flavors (flavours), Innova (savoury flavours) and SunOpta (fibres).

General Manager, Faye Bowyer said, "Tate & Lyle is a strong global brand and I am very pleased to have the opportunity to establish the company in this region. Having worked with Tate & Lyle for some years as a customer and partner, I have in-depth experience of the company's value added product portfolio and customer focused strategy. By combining Tate & Lyle's range of value added starches, sweeteners, acidulants and proteins with the SPLENDA Sucralose business, we are now able to offer our customers in this region a wider range of ingredients and ingredient solutions than ever before."
 
Greg Morency, Vice President, Food Ingredients Asia-Pacific, Tate & Lyle said, "Establishing a direct presence in the Australian and New Zealand markets is an important step for Tate & Lyle's Global Food Ingredients Group. We are committed to helping our customers create innovative, high quality products. Our expertise in research and development, and our understanding of consumer trends, means that we can help our customers differentiate their products in a competitive environment and maximise the speed of delivery to market."