Stanley Musesengwa, chief operating officer of Tate & Lyle, said, �I would like to extend my thanks to colleagues at Selby for their dedication and hard work over the years and in particular over the last month. This decision was not taken lightly. However, continuing pricing pressures and oversupply in the world market meant our UK citric acid business could no longer operate viably.�
Tate & Lyle will provide local job shop facilities staffed by independent professional counselors. Existing supply contracts will be serviced from inventory in Selby and Tate & Lyle plants in the U.S., Colombia, and Brazil.