Wednesday, August 31, 2011

Corn Products International, Inc.-US




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Ingredion Incorported (Formerly Corn Products International, Inc.) is a Westchester, IL based ingredient solutions provider. The company processes corn, tapioca, wheat, potatoes and other raw materials into ingredients for the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. With more than 10,000 employees around the world, Ingredion serves customers in more than 60 diverse markets in over 40 countries. In 2011, net sales reached $6.2 billion.
                       The company, once known as Corn Products Refining Co. and later on as CPC, supplied the raw materials for Argo cornstarch and Mazola corn oil.
                    From 1919 till 1987 CPC International owned starch factories in Europe. The factories were sold to the French sugar manufacturer Béghin-Say and renamed Cerestar. Cerestar was acquired in 2002 by Cargill.
                    In 1981 CPC formed a partnership with Texaco till 1995 to produce bioethanol at a plant in Pekin, Illinois. In 1995 the plant was sold to Williams Companies and in 2003 continued as Aventine Renewable Energy.
Type Public
Traded as
NYSE: INGR
Industry               food, beverage,pharmaceutical, animal feed,corrugating, paper, textile,Health & Wellness
Founded              1906
Headquarters    Westchester, Illinois, USA
Key people       Llene S. Gordon, Chairman,President and CEO
Products              sweeteners, starches, syrups,glucose
Website               www.ingredion.com




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