Tate & Lyle

Introduction

Tate & Lyle is a British-based multinational agribusiness. It was originally established in 1921 through a merger of two rival sugar refiners, Henry Tate & Sons and Abram Lyle & Sons.

History

Henry Tate was a grocer from Liverpool who had moved to London. In 1859, he purchased a patent for making sugar cubes and in 1869, he opened his first refinery in Liverpool. Meanwhile, Abram Lyle, a cooper and ship owner, was also refining sugar in Greenock, Scotland, and in Plaistow, London. The two companies fiercely competed with each other, but in 1921, they merged to form Tate & Lyle.

Operations

Tate & Lyle is known for its production of sugar, but it also produces a range of other products. These include industrial starches for paper and packaging, acidulants for food and drink, and animal feed. The company has operations in over 30 countries and sells its products in around 120 countries.

Corporate Social Responsibility

Tate & Lyle has a strong commitment to corporate social responsibility. It aims to make a positive impact on society by supporting sustainable agriculture, reducing its environmental footprint, and investing in local communities.

Controversies

Despite its success, Tate & Lyle has faced several controversies. These include allegations of tax avoidance and criticisms over its environmental impact. However, the company has taken steps to address these issues and improve its corporate image.

Conclusion

Tate & Lyle is a major player in the global agribusiness sector. Despite facing challenges and controversies, it has remained committed to its core values and continues to strive for excellence in all areas of its business.

See Also

• Sugar Industry
• Agribusiness
• Corporate Social Responsibility

References

• Tate & Lyle corporate website
• History of Tate & Lyle, Sugar and All That: A History of TATE & LYLE, A. G. B. Owen (1978)
• Tate & Lyle: From Cane Sugar to High-technology Company, Peter Pugh (1998)

External Links

• Official website