10 Juni 2015

MHG to produce Tate & Lyle bulk ingredients Staramic® Starch line

Versatile modified corn starch can be used as binder and thickener in industrial products and also general adhesives

MHG, The Biopolymer Company, and Tate & Lyle, a leading global producer of speciality ingredients and solutions, announce today that MHG will support expanded production of Tate & Lyle’s Staramic® Starch line, a versatile modified corn starch that is used as a binder and thickener in industrial products such as joint cements, interior wall coatings, craft paints, ceramics, and also general adhesives, at the company’s facility in Bainbridge, Georgia.

“As we continue to grow our line of functional natural polymers, it was important to find the right tolling partner who met our high standards and those of our customers,” says Chris Atkinson, Manager, National Accounts for Industrial Starches, Tate & Lyle. “With MHG as a production partner, we’ll ensure we can meet the growing demand for greener/non-synthetic polymer options in the industrial market today and into the future.”

“The opportunity with Tate & Lyle allows us to showcase both our in-house expertise and technology in the area of reactive extrusion as well as our full commercialization capabilities,” says Dr. Paul Pereira, CEO and Executive Chairman of the Board of Directors, MHG. “We look forward to working alongside Tate & Lyle in the coming months, bringing best in class production and an exceptional product to the marketplace.”

 

About Tate & Lyle

Tate & Lyle is a global provider of ingredients and solutions to the food, beverage and other industries, with operations in over 30 locations worldwide.

Tate & Lyle operates through two global divisions, Speciality Food Ingredients and Bulk Ingredients, supported by our Innovation and Commercial Development and Global Operations groups. The Group’s strategy is to become a leading global provider of Speciality Food Ingredients through a disciplined focus on growth, and by driving Bulk Ingredients for sustained cash generation to fuel this growth.

Speciality Food Ingredients consists of three platforms: Texturants, which includes speciality starches and stabilisers; Sweeteners, which comprises nutritive sweeteners and our range of no-calorie sweeteners including SPLENDA® Sucralose; and our Health and Wellness portfolio which includes speciality fibres and our salt-reduction offering. Additionally, our Food Systems business provides a wide variety of blended ingredient solutions.

Tate & Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and fermentation products (primarily acidulants). Corn co-products from both divisions are primarily sold as animal feed.

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2014, Tate & Lyle sales totalled £3.1 billion. For more information, please visit TateAndLyle.com.
SPLENDA® is a trademark of McNeil Nutritionals, LLC.

About MHG – The Biopolymer Company

MHG strives to create a greener tomorrow with renewable, sustainable, 100% biodegradable, and toxin free bioplastics for people at work and at home.

As a recognized world leader in the production of PHA (polyhydroxyalkanoates) biopolymer, MHG specializes in customized formulations that combine PHA and PLA (polylactic acid) through a proprietary reactive extrusion process. MHG’s AgrofacturingTM system involves cold-pressing canola oil harvested from non-GMO canola seed, and manufacturing it into PHA. By sourcing locally grown canola, a rotation crop, MHG provides farmers with a market that does not compete with food harvests. Led by a group of world-class scientists and business leaders, MHG currently owns more than 125 patents across nearly 20 countries. MHG is headquartered in Bainbridge, Georgia, USA.

For more information about MHG’s products and services, email us, call 229-243-7075,

Source: MHG, press release, 2015-05.

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