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UPDATE 1-Tate & Lyle to finalise plan for Splenda this month

2015-04-02 15:42:03| Food - Topix.net

Tate & Lyle Plc is nearing a decision on how best to maximise returns from its struggling Splenda sucralose business and will communicate the result in coming weeks, the company said on Thursday. Tate's sucralose problems surfaced in February 2014, when the company discussed a dramatic drop in prices of the artificial sweetener it sells to food and drink makers, due to intense competition from cheaper Chinese rivals.

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