Tate & Lyle Invests $75M in Corn Wet Mill Upgrade
June 5, 2020
Food and beverage ingredients and solutions firm Tate & Lyle PLC is dedicating $75 million to install a new natural gas co-generation system at its corn wet milling plant in Lafayette, IN that will replace an existing coal-fired boiler, the company announced in a release Friday.
Once complete, the new gas turbines will reduce the site’s greenhouse gas emissions by some 40% and lower its water use by about 5%, according to the company.
“This major investment will make our facility more efficient and directly benefit the local community through improved air quality, decreased water use, and less truck traffic,” said Travis Montoya, plant manager of the Lafayette South site, in a statement.
Tate & Lyle said the project is part of a six-year, $150 million effort to support its sustainability targets for 2030, which include the removal of coal from its operations. The company recently installed a similar head and power system at its Loudon, TN corn wet mill.
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