"Despite its roots in the late 19th century, when it was formed from the separate cane sugar-refining businesses of Henry Tate and Abram Lyle, around two thirds of its profit now comes from producing ethanol, as well as supplying sweeteners and other raw ingredients."
"Lyle will use the proceeds from the sale of its EU sugar-refining operations to reduce its net debt, which stood at"
"PLC on Thursday announced the sale of its sugar-refining operations in the European Union to American Sugar Refining Inc. for"