Tate & Lyle investing in Zymtronix enzyme technology
Tate & Lyle PLC, a global provider of food and beverage ingredients and solutions, is teaming up with Zymtronix to leverage the company’s novel enzyme immobilization technologies.
The new partnership will include an investment by Tate & Lyle that will enable Zymtronix to improve and innovate upon its technology and scale up its production.
Zymtronix will initially be working to improve the use of enzymes in the production of certain ingredients and improve cost efficiency.
“Consumers worldwide are looking for healthier food and drink, and we are proud to have the ingredients to help deliver just that,” Andrew Taylor, president of innovation and commercial development at Tate & Lyle, said in a press release.
“Improving lives for generations is at the heart of what we do, so we are excited to harness the power of Zymtronix’s enzyme immobilization platform, which will make our manufacturing processes more efficient. The platform also has the potential to accelerate our ability to make our ingredient solutions accessible to more consumers.”
Stéphane Corgié, founder and CEO-CTO at Zymtronix, said he is delighted to have Tate & Lyle as the company’s first corporate partner.
“Their investment will enable us to further scale up our enzyme immobilization technology, advance our processes, develop our own target ingredients, and grow our team.”
Zymtronix’s enzyme immobilization platform helps to transform ingredient manufacturing by improving the productivity of biocatalysis. This is achieved through the immobilization of enzymes onto magnetic metamaterials to increase the efficiency and sustainability of enzyme-based industrial processes.
The technology, originating from Cornell University in Ithaca, N.Y., has broad applications in the food and beverage, flavour and fragrances, pharmaceutical, chemical and agricultural industries.
As part of the partnership, the retired chief technology officer of Tate & Lyle, Michael Harrison, will join the board of Zymtronix, aiding the company with his wealth of experience within the food and beverage ingredients market.