Tate & Lyle hikes prices

20 Nov 2018

Tate & Lyle has announced that, effective November 1, 2018, or as contracts allow, its North American Food & Beverage Solutions business implemented price increases of between 3% and 11%.

Tate & Lyle has announced that, effective November 1, 2018, or as contracts allow, its North American Food & Beverage Solutions business implemented price increases of between 3% and 11% on its specialty starches, fibres, oat products, specialty and high intensity sweeteners, and stabilization and functional systems.

The company said that these adjustments are required following significant cost increases over the past 12 months in areas such as materials and logistics, and transportation due to substantial truck shortages.

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