10

Oct

Tate & Lyle Sugars to take the EC to court PDF Print E-mail
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Tate & Lyle Sugars is taking the European Commission to court over tariffs on sugar imports.

The company, formed last year after US firm American Sugar Refining acquired Tate & Lyle plc's sugar operations, is seeking EUR35m (US$47m) that it claims it lost due to tariffs on sugar imports. The tariffs, Tate & Lyle Sugars claims, are unfairly stifling competition, reported just-food.

Tate & Lyle Sugars argues the European Commission's treatment of the market for sugar is harming sugar refined from cane, which is exported from abroad, and favouring rival beet producers, most of whom are domestic. Beet makes up 80% of the European sugar supply and cane 20%

A spokesperson from Tate & Lyle Sugars said that the tariff is "prohibitively high" and favours domestic producers.

He said: "The case boils down to the fact that there's a discrepancy between domestic suppliers, which don't have to pay tariffs, and refiners like Tate & Lyle that do."

 

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