Increased sales were made to export markets and benefits were seen from further integration with Amylum
in Europe, especially from unifying research and development.
Tate & Lyle said: "We anticipate results will be close to market expectations with a weaker Amylum
result in the final quarter being offset by a satisfactory performance in the rest of the business.
Only a small quantity of amylum
and protein can be decomposed to monosaccharide and free amino acid.
Most recently, she worked for Amylum
(a division of Tate and Lyle) as Regional Sales Manager and Key Account Manager.
Despite the dip in profits, Tate and Lyle's underlying trading was in line with internal expectations and had been boosted by the improved performance of cereal sweetener and food starch arm Amylum
Xin Huang Pian is produced from natural ingredients including Calaulus Bovis, Pulvis Fellis Suis, Pearl Shell Powder, Urena Lobata, Sarcandra Glaber, Radix Pseudoginseng and Amylum
Its North American starch business Staley and European starch company Amylum
improved performance, benefiting from better margins.
TATE & Lyle, the food company best known for its sugar products, disappointed investors yesterday by revealing it expects margins at its Amylum
starch business to be flat during the second half year.
In Europe, the company said its Amylum
sweetner and starch business had seen price increases of around ten per cent in January, which would improve earnings next year.
Tate & Lyle, tel:020 7626 6525, whilst continuing to refocus the Group towards higher-margin and higher-growth businesses, disposing of underperforming assets and eliminating costs wherever possible, have acquired the minorities in Amylum
and Staley; as well as selling off the commodity Australian sugar business, at Bundaberg, and eight of the company's other smaller businesses.
Companies profiled in this study include ABC Food, ADB-Diana, Adelcan, Allione, Amylum
Group, Aromont, Ariza BV, Atlantis Food Ingredients, Atom Gmbh, Basic-Bruckner f.
Trading benefited from better performances by the cereal sweetener business Staley and European starch company Amylum
On completion, Tate and Lyle will own l00% of Amylum
Tate & Lyle is buying up the minority stakes it does not already own in Amylum
, a cereal sweetener and starches business in Europe, and in Staley, a US corn starch business.
Its North American starch business Staley, and European starch company Amylum
, improved performance, benefiting from better margins.