Tate & Lyle, DuPont share vision over bio-friendly products
03 Sep '05
3 min read
"They think the time for corn is now and that they are ideally placed to bring this new bio-based material to market," said Tate & Lyle's Ferguson. "Bio-PDO delivers on green credentials and meets both the environmental and economic need to reduce oil-dependency. The corn fields of today will be the oilfields of the future and they believe that joint venture, due on stream next calendar year, is well matched to meet the demands of the current climate."
"This $100 million investment by DuPont and Tate & Lyle will help keep state on the cutting edge for biotechnology-related industry," said Tennessee Governor Phil Bredsen. "I'm also pleased to see new manufacturing jobs created in East Tennessee, and that these new products will be focused around renewable resources."
The U.S Environmental Protection Agency presented DuPont with its annual "Presidential Green Chemistry Award" in 2003 for the company's research leading to the development of the Bio-PDO process.
World leading renewable ingredients manufacturer Tate & Lyle uses innovative technology to transform corn, wheat and sugar into value-added ingredients for customers in the food, beverage, pharmaceutical, cosmetic, paper, packaging and building industries.
The Company is a leader in cereal sweeteners and starches, sugar refining, value added food and industrial ingredients, and citric acid. Tate & Lyle is the world number-one in industrial starches and is the sole manufacturer of SPLENDA Sucralose.
DuPont is a science company. Founded in 1802, DuPont puts science to work by solving problems and creating solutions that make people's lives better, safer and easier. Operating in more than 70 countries, the company offers a wide range of products and services to markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
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