BAINBRIDGE, Ga.–(BUSINESS WIRE)–MHG, The Biopolymer Company, and Tate & Lyle, a leading global producer of specialty 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.
“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”
“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.”
For more information about MHG and reactive extrusion and toll manufacturing, please visit www.MHGBio.com.
Meredian Holdings Group, Inc., also known as MHG, is the holding company of Meredian Inc., a recognized world leader in production of polyhydroxyalkanoates (PHA) and DaniMer Scientific, L.L.C., a specialist in the customization of biopolymer formulations which can combine PHA and PLA through a proprietary reactive extrusion process. These companies are supported by a world-class group of dedicated, highly skilled team members. The two companies offer a comprehensive selection of biopolymers that support their core values of utilizing sustainably produced, renewable resource based polymers to improve people’s lives at work. MHG and its subsidiaries currently own more than 125 patents across nearly 20 countries. MHG is headquartered in Bainbridge, Ga.
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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 http://www.tateandlyle.com.
SPLENDA® is a trademark of McNeil Nutritionals, LLC.