Tongaat Hulett

Tongaat Hulett Ltd.
Public
Traded as JSE: TON, LSE: THL
Industry Sugar
Founded 1892
Key people

Liege Hulett Founder

P H Staude CEO
Revenue IncreaseR14,373 Billion (FY 2013)[1]
IncreaseR2,145 Billion (FY 2013)[2]
Number of employees
41,777[3]
Website

http://www.tongaat.com

http://www.huletts.co.za

Tongaat Hulett is an agriculture and agri-processing business, focusing on the complementary feedstocks of sugarcane and maize. It's ongoing activities in agriculture have resulted in the company having a substantial land portfolio. Tongaat Hulett's unique skill and competence in the conversion of agricultural land to development, is a key driver of the fundamental shift in the pace and value unlock from the company's land conversion activities and property portfolio. Through its sugar and starch operations, Tongaat Hulett produces a range of refined carbohydrate products from sugarcane and maize, with a number of products being interchangeable. The business's sugar operations are well placed to benefit from evolving dynamics of renewable electricity and ethanol in South Africa, and the Southern African Development Community (SADC) region. Tongaat Hulett's long-standing and deep appreciation of the socio-economic profile of the region is an integral component of the business being able to deliver on its strategic objective of maximising returns from its existing asset base in the six SADC countries in which it operates.

Agriculture, sugar

Corporate offices are located at Amanzimnyama, Tongaat near Durban.[4]

Geographic presence

South Africa

Mozambique

Swaziland

Zimbabwe

These three sugar estates border one another.

Other products

Animal feeds

Voermal Feeds, based in Maidstone, produces molasses-based animal feeds.[6]

Sweeteners and artificial sweeteners

Cape Sweeteners, based in Durban, is a subsidiary of Tongaat Hulett Sugar, producing aspartame, neotame, acesulfame-K, fructose, sodium saccharin, sodium cyclamate, polydextrose, maltitol and lactitol. It is the exclusive South African agent of Nutrasweet's aspartame and neotame.[7]

Starch

The company is Africa's largest producer of starch and glucose,[8] produced at five South African facilities.

Property management

Tongaat Hulett Developments is a property management company that builds and maintains commercial property, residential property, industrial property and resorts.[9]

See also

References

External links