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News<br />
Leaf Tea and Tea Extracts Update<br />
Neil Willsher<br />
MD<br />
38 <strong>Spring</strong>/<strong>Summer</strong> ’12<br />
Having moved back to the tea side of the business. I would like to<br />
thank the Horticulture team in Kenya for making my time there so<br />
rewarding. I would also like to thank my predecessor here, Richard<br />
Darlington, for leaving behind such an excellent and knowledgeable<br />
team, many of whom I have known for some time.<br />
The Tea role has changed: it will<br />
now involve not only Tea Trading,<br />
Decaffeination and Tea Extracts but also<br />
Beverage Packing; this further step is to<br />
ensure that we maximise synergies,<br />
maintain customer focus and develop<br />
value addition from “Bush to Cup”. In the<br />
early days of my new role it has become<br />
clear to me that there are many exciting<br />
opportunities for the Group around the<br />
globe. These will be realised through<br />
continued investment, getting closer to<br />
our customers and, above all, through<br />
the passionate drive of all those who<br />
work for the business. I will now be<br />
spending several months meeting the<br />
team, our suppliers and customers in<br />
order to better understand how we can<br />
continue to develop our business long<br />
term in a sustainable fashion.<br />
Turning to trading, from a sales<br />
perspective the year has begun very<br />
well for both businesses.Leaf tea trading<br />
is 5% up on volumes compared to last<br />
year, with Mombasa trading particularly<br />
well, a performance all the more<br />
impressive when set against a backdrop<br />
of reduced supply due to Kenyan<br />
droughts, severe port delays in Mombasa<br />
and politico-economic issues affecting<br />
Sudan and Egypt, two of our main<br />
markets. Our trading businesses in<br />
London and Dubai are broadly in line<br />
with last year’s performance, whilst in<br />
Vietnam, Malawi and China we are busy<br />
with ambitious growth plans for what we<br />
believe will be a very good season.<br />
Our decaffeinated tea business in Hull<br />
continues to perform ahead of both last<br />
and this year’s targets. The finishing<br />
touches are being put to a plan to sell<br />
pure caffeine, previously a waste<br />
by-product from the process, to the<br />
energy drink sector. The partnership we<br />
have with AV Thomas in India continues<br />
to develop from the strong base we have<br />
built in decaffeinated tea and has now<br />
branched into projects involving<br />
instant tea.<br />
The Tea Extracts business is doing better<br />
with production from our Saosa plant<br />
four times greater than during the same<br />
period last year. This, combined with our<br />
Chilean, Chinese and Indian supplies, has<br />
translated to sales volumes substantially<br />
up on last year. In the USA the ready to<br />
drink market continues to show growth<br />
in spite of the supply issues we have had<br />
with our Kenyan plant. We have been<br />
assisted by our multiple sourcing policy<br />
and strong relationships in South<br />
America and by excellent customer focus.<br />
Placed alongside the value added<br />
nature of tea trading the extracts<br />
business has huge global potential.<br />
The Group recognises this and will<br />
continue with its long term investment<br />
programme, focusing on sustainable<br />
growth, innovation and development<br />
at our production sites, all designed to<br />
meet and surpass our customers’ needs.<br />
Of course none of this has been or will<br />
be possible without our staff and it is to<br />
them I would like to say a big thank you<br />
for my warm welcome. I look forward to<br />
continuing to grow and develop the<br />
business together.<br />
Appointment<br />
With effect from 1 May <strong>2012</strong> Neil<br />
Willsher has been appointed Managing<br />
Director of the Leaf Tea and Extracts<br />
businesses in succession to Richard<br />
Darlington. Neil has been MD of <strong>Finlays</strong><br />
Horticulture Kenya since January 2008,<br />
before which he was in charge of Finlay<br />
Beverages for five years.<br />
Leaf Tea and Tea Extracts<br />
News<br />
Farewell to Richard Darlington<br />
The Oriental Club was the setting for a<br />
reception on 19 April to mark Richard<br />
Darlington’s departure from <strong>Finlays</strong> after<br />
32 years. The large turnout of colleagues<br />
from across the Group heard Managing<br />
Director Ron Mathison review Richard’s<br />
career including his rise, in 1997, to the<br />
position of Managing Director of what is<br />
now Finlay Tea Solutions UK, followed in<br />
2010 by his appointment as MD of both<br />
the Extracts and Leaf Tea Businesses.<br />
Along the way both Ron, and Richard in<br />
his reply, recounted some of the more<br />
interesting and amusing incidents that<br />
occurred during the latter’s time with<br />
<strong>Finlays</strong>. In recognition of Richard’s<br />
contribution to the Group, Ron presented<br />
him with an engraved silver tea caddy<br />
and spoon and a new driver to further<br />
improve his already impressive golf<br />
game. In his reply, Richard stressed<br />
how difficult the decision to leave had<br />
been and wished the Company and<br />
his colleagues the very best for the<br />
years ahead.<br />
Bond’s Best Brew<br />
Tim Bond, Technical Director, Finlay Tea<br />
Extracts, recently made an appearance on<br />
BBC TV’s Britain’s Favourite Supermarket<br />
Foods. You can find the link on http://<br />
www.tea.co.uk/news-article/how-tomake-the-healthiest-cup-of-tea<br />
First up in the series of programmes<br />
was ‘The Best Brew’. Tim was asked to<br />
provide ‘the science bit’, showing how<br />
anti-oxidants increase with brew time.<br />
This was a great programme, promoting<br />
Britain’s favourite drink as beneficial to<br />
the nation’s health and showing that<br />
brewing our tea a little bit longer can<br />
make our cuppa even better for us.<br />
Richard Darlington (l) receives a parting gift from Merlin Swire.<br />
Tim Bond provides ‘the science bit’ for BBC TV viewers.<br />
(l-r) Richard Darlington, Merlin Swire and Ron Mathison<br />
<strong>Vol</strong>ume <strong>48</strong>/<strong>No.1</strong> 39