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Tate & Lyle sells controlling stake of corn-based products arm to private equity
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Layn invests $148M to expand sweeteners and botanicals
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Tate & Lyle leaders outline potential company split
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Sweeteners maker Tate & Lyle saw its profits expand on the back of higher levels of at-home consumption and a strong showing by new products despite total revenues sliding by £75million.
Profits grew by £8million to £253million in the year to the end of March 2021 as increased sales and robust prices for products like corn oil helped almost doubled profits in its commodities category.
Adjusted operating profits in its primary products segment also grew by 5 per cent, even as it was hurt by weaker sales of sweeteners and the closure of schools and offices negatively impacting demand for printing and writing paper.
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Stevia / Stevia Rebaudiana Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Stevia / Stevia Rebaudiana market. this report included a special section on the
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(By major Key Players, By Types, By Applications, and Leading Regions) Segments outlook, Business assessment, Competition scenario and Trends .The report also gives 360-degree overview of the competitive landscape of the industries.