Tate & Lyle Stops Citric Acid Production at Selby, Yorkshire
This decision was not taken lightly. However, continuing pricing pressures and oversupply in the world market meant our UK citric acid business could no longer operate viably.
12/03/07 Following a consultation period with employees which began on 1 February 2007, Tate & Lyle will cease production of citric acid in Selby, Yorkshire on 31 March 2007. Closure is as a result of intense competition from Chinese imports and oversupply in the world market.
Stanley Musesengwa, Chief Operating Officer, Tate & Lyle said, “I would like to extend my thanks to colleagues at Selby for their dedication and hard work over the years and in particular over the last month. This decision was not taken lightly. However, continuing pricing pressures and oversupply in the world market meant our UK citric acid business could no longer operate viably.”
Tate & Lyle will provide local job shop facilities staffed by independent professional counsellors. Existing supply contracts will be serviced from inventory in Selby and Tate & Lyle plants in the US, Colombia and Brazil.
