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Unilever continues $4 mil Tate sponsorship

Unilever, the world's second-largest consumer-products maker, has extended its sponsorship of Tate Modern's lobby installations for a five-year period at a cost of $3.73 million, a company executive said in London.

Tate Modern's Turbine Hall installations, known as the Unilever Series and started in 2000, will be funded by the company through 2012, said Gavin Neath, senior vice president for global communications, at a news conference for the latest work in the series.

``We're in business for the long haul,'' Neath told reporters covering the new installation, ``TH.2058'' by French artist Dominique Gonzalez-Foerster.

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