Tereos

Last updated
Tereos S.A.
Company type Cooperative
Industry Agriculture & Bioenergy
Founded(1999)
Headquarters Moussy-le-Vieux, France
Key people
Philippe de Raynal, (Chairman) Gérard Clay, (Chairman of the Supervisory Board of Tereos)
Products Sugar, cereal, bioethanol, alcohol, starch
RevenueIncrease2.svg 4.5 Billion (2019/20)
Number of employees
22,300
Website www.tereos.com

Tereos is a cooperative conglomerate, primarily active in the processed agricultural raw materials, in particular sugar, alcohol and starch markets. It has 44 factories in 9 countries, including Brazil, India, Indonesia, Kenia, Tanzania, Belgium and France [1] and employs about 20.000 people.

Contents

The company is headquartered in Moussy-le-Vieux, France.

History

In 1932, the Origny-Sainte-Benoite cooperative distillery was founded in the Aisne department of northern France by a number of farmers under the leadership of Paul Cavenne. The factory processed 400 tonnes of sugar beet per day. About twenty years later, Jean Duval, managing director of the cooperative, converted the distillery into a sugar factory, which was able to process 900 tonnes of sugar per day.

In the 1990s, the Origny cooperative merged with that of Vic-sur-Aisne, which operate a sugar plant that handled 5,500 tonnes of sugar beet per day. The new entity was named SDA (Sucreries et Distilleries de l’Aisne). A year later, it acquired the Berneuil sugar factory in south-western France.

The acquisition of the leading French sugar producer, Béghin-Say from the Italian company Edison, in 2002, marked a turning-point. The combination of the two companies made the new cooperative group a French market leader with 9,500 cooperative growers. Tereos was born.

In 2006, Tereos merged with the cooperative group SDHF (Sucreries et Distilleries des Hauts de France). This extended the Group's business and strengthened its leadership on the French market.

In 2008, Tereos acquires, via subsidiary Syral, 5 starch and glucose factories in West-Europe from Talfiie (Tate & Lyle Food & Industrial Ingredients Europe), subsidiary of the company Tate & Lyle. [2]

In 2016, the Connantre sugar beet cooperative (Tereos Group) joined forces with the cooperative, APM Déshy, allowing Tereos to expand its business into alfalfa processing, with four dehydration plants in north-eastern France (in Anglure, Aulnay-aux-Planches, Montépreux and Pleurs).

Tereos SCA was created in 2018. The 12,000 cooperative grows now all belong to a single cooperative. [3]

In 2021, Tereos was ranked fifth overall on FoodTalks' Top 50 Global Sweetener Companies list. [4]

In January 2022, Tereos announced the sale of its 11% stake in its joint venture with Axereal dedicated to malt as well as the closure of its sugar activities in Romania. In February, Tereos also announced the closure of its activities in Mozambique. [5]

In February 2023, Tereos announced the sale of its activities in Romania to two local players. [6]

Activities

The Tereos product portfolio covers the markets of food, animal feed, green chemistry, pharmaceuticals and cosmetics, paper and cardboard, and energies.

Controversies

In recent years Tereos has been mired in controversy after several news reports highlighted the company's involvement in a number of dubious events. In 2019, a complaint was filed against the firm for allegedly supplying an artificial sweetener to Syria, where it is being used to make weapons. In 2020, the region of Wallonia accused the company of a leak in its sugar beet refinery, causing 50-70 tonnes of fish to die in the Belgian territory. [7]

Related Research Articles

<span class="mw-page-title-main">Sugar</span> Sweet-tasting, water-soluble carbohydrates

Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double sugars, are molecules made of two bonded monosaccharides; common examples are sucrose, lactose, and maltose. White sugar is a refined form of sucrose. In the body, compound sugars are hydrolysed into simple sugars.

<span class="mw-page-title-main">Splenda</span> Brand of sugar substitute

Splenda is a global brand of sugar substitutes and reduced-calorie food products. While the company is known for its original formulation containing sucralose, it also manufactures items using natural sweeteners such as stevia, monk fruit and allulose. It is owned by the American company Heartland Food Products Group. The high-intensity sweetener ingredient sucralose used in Splenda Original is manufactured by the British company Tate & Lyle.

<span class="mw-page-title-main">Sugar beet</span> Plant grown commercially for sugar production

A sugar beet is a plant whose root contains a high concentration of sucrose and which is grown commercially for sugar production. In plant breeding, it is known as the Altissima cultivar group of the common beet. Together with other beet cultivars, such as beetroot and chard, it belongs to the subspecies Beta vulgaris subsp. vulgaris but classified as var. saccharifera . Its closest wild relative is the sea beet.

<span class="mw-page-title-main">Sucrose</span> Disaccharide made of glucose and fructose

Sucrose, a disaccharide, is a sugar composed of glucose and fructose subunits. It is produced naturally in plants and is the main constituent of white sugar. It has the molecular formula C
12
H
22
O
11
.

<span class="mw-page-title-main">Tate & Lyle</span> British-based multinational agribusiness

Tate & Lyle PLC is a British-headquartered, global supplier of food and beverage products to food and industrial markets. It was originally a sugar refining business, but from the 1970s, it began to diversify, eventually divesting its sugar business in 2010. It specialises in turning raw materials such as corn and tapioca into ingredients that add taste, texture, and nutrients to food and beverages. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Golden syrup</span> Thick amber-colored form of inverted sugar syrup

Golden syrup or light treacle is a thick, amber-coloured form of inverted sugar syrup made by the process of refining sugar cane or sugar beet juice into sugar. It is used in a variety of baking recipes and desserts. It has an appearance and consistency similar to honey, and is often used as a substitute where honey is unavailable.

<span class="mw-page-title-main">High-fructose corn syrup</span> Processed corn syrup

High-fructose corn syrup (HFCS), also known as glucose–fructose, isoglucose and glucose–fructose syrup, is a sweetener made from corn starch. As in the production of conventional corn syrup, the starch is broken down into glucose by enzymes. To make HFCS, the corn syrup is further processed by D-xylose isomerase to convert some of its glucose into fructose. HFCS was first marketed in the early 1970s by the Clinton Corn Processing Company, together with the Japanese Agency of Industrial Science and Technology, where the enzyme was discovered in 1965.

Primary Products Ingredients Americas LLC, also formerly known as Tate & Lyle Primary Products, is an American subsidiary of Tate & Lyle PLC that produces a range of starch products for the food, paper and other industries; high fructose corn syrup; crystalline fructose; and other agro-industrial products. The company was incorporated in 1906 as A. E. Staley Manufacturing Company by Augustus Eugene Staley.

<span class="mw-page-title-main">Psicose</span> Chemical compound

D-Psicose (C6H12O6), also known as D-allulose, or simply allulose, is a low-calorie epimer of the monosaccharide sugar fructose, used by some major commercial food and beverage manufacturers as a low-calorie sweetener. First identified in wheat in the 1940s, allulose is naturally present in small quantities in certain foods.

British Sugar plc is a subsidiary of Associated British Foods and the sole British producer of sugar from sugar beet, as well as medicinal cannabis.

<span class="mw-page-title-main">Domino Foods</span> Privately owned sugar company

Domino Foods, Inc. is a privately held sugar marketing and sales company based in Yonkers, New York, United States, that sells products produced by its manufacturing members. DFI distributes sugar to retailers under four brand names across the U.S: Domino,C&H,Florida Crystals, and Redpath. Its namesake product, the Domino Sugar brand name, whose products are generally sold in two-tone packaging with blue labeling text, is the best known. Domino Foods is the largest sugar company in the United States.

The Agrana Group is a food company based in Vienna that produces sugar, starch, fruit preparation, juice concentrate and ethanol fuel. Agrana is mainly supplying to international food industry, with some minor end customer business. A known brand is Wiener Zucker. Agrana runs around 50 facilities with major production bases in Australia, Austria, Argentina, Brasil, China, France, Germany, Hungary, South Korea, Morocco, Mexico, Poland, Romania, South Africa, Ukraine, United States.

<span class="mw-page-title-main">Raffinerie Tirlemontoise</span>

Raffinerie Tirlemontoise, a subsidiary of Raffinerie Tirlemontoise Group, is a Belgian sugar producing company. The company whose headquarters is located in Tienen (Belgium) has four business units: sugar activities, Orafti, Surafti and PPE, which together employ more than 1,800 people.

<span class="mw-page-title-main">Sucreries Raffineries Bulgares</span>

Sucreries Raffineries Bulgares was a Belgian company active in Bulgaria from 1897 to 1916.

<span class="mw-page-title-main">American Sugar Refining</span> Privately held cane sugar refining company

American Sugar Refining, Inc. is a large privately held cane sugar refining company, with a production capacity of 6.5 million tons of sugar. The company produces a full line of consumer, industrial, food service, and specialty sweetener products. In 2013, it adopted the corporate brand name ASR Group. Its ownership structure is based on a partnership which includes the Florida Crystals Corporation, part of FLO-SUN, a sugar empire of the Fanjul brothers whose origins go back to Spanish-Cuban sugar plantations of the early 19th century.

<span class="mw-page-title-main">Sugar Factory Zeeland</span> Defunct Dutch sugar factory

Sugar Factory Zeeland was a beet sugar factory in Bergen op Zoom, a city and municipality in the North Brabant province in the Southwestern Netherlands. It got its peculiar name when it was sold to the Coöperatieve Beetwortelsuikerfabriek Zeeland, a cooperative of sugar beet farmers from neighboring Zeeland province. The factory was in operation from 1863 to 1929. Some of the imposing factory buildings remain and are protected as industrial heritage. In 2012 a reconstruction started to change the old buildings to a large shopping mall called De Zeeland.

<span class="mw-page-title-main">Râperie</span>

A râperie is a small factory depending on a central sugar factory. In a râperie sugar beet are grated and the juice is extracted before it is transported to a central sugar factory. By 2023 the Râperie de Longchamps connected to the Wanze Sugar Factory in Belgium was the only remaining operational râperie.

<span class="mw-page-title-main">Wanze Sugar Factory</span> Belgian sugar factory

The Wanze Sugar Factory was founded by the Sucreries Centrales SA. It is located in Wanze and is currently owned by Raffinerie Tirlemontoise. Wanze Sugar Factory is the only European sugar factory that still uses an outlying râperie connected by a pipeline. The râperie in Longchamps is located 23 km west of the central factory.

References

  1. Our company: Tereo (in Dutch), Tereos Aalst website
  2. Tereos reprend cinq usines au groupe Tate & Lyle, Agra presse, 14 mai 2007
  3. "History". Tereos. Retrieved 2023-03-08.
  4. Huang, Lemon. "2021年全球甜味剂企业50强". FoodTalks (in Chinese). Retrieved 2022-01-24.
  5. Hamaide, Sybille De La (2022-01-12). "EXCLUSIVE Tereos to exit malt business, eyes Romanian sugar unit closure". Reuters. Retrieved 2023-05-22.
  6. "Sugar maker Tereos to sell Romanian business to local investors". Reuters. 2023-02-01. Retrieved 2023-05-22.
  7. Major pollution of Scheldt river came from France