Ingredion
Ingredion Incorporated
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legal form | Corporation |
ISIN | US4571871023 |
founding | 1997 (1906) |
Seat | Westchester , Illinois , |
management | Ilene S. Gordon ( Chairman and CEO ) |
Number of employees | 11,000 |
sales | 5,621,000,000 US dollars |
Branch | Strength |
Website | www.ingredion.com |
As of December 31, 2015 |
Ingredion is an American manufacturer of starch and products that goes back to Corn Products International (CPI) founded in 1906 .
Ingredion produces glucose syrup , high fructose corn syrup , dextrose , polyols and maltodextrins based on corn starch .
The only German location is in Hamburg (formerly Maizena ).
history
Ingredion was formed in 1906 as the Corn Products Refining Company through the merger of the New York Glucose Company , the Corn Products Company and the Warner Sugar Refining Company . This was done at the instigation of the first chairman, ET Bedford .
In 1959, the Corn Products Refining Company merged with The Best Foods to become the Corn Products Company . In 1969 it changed its name to CPC International . On December 31, 1997, Ingredion was spun off and the remaining food division of CPC International was renamed Bestfoods (now Unilever ).
In 2010, Ingredion acquired AkzoNobel National Starch , a former subsidiary of ICI .
In 2015 the Penford Corporation was taken over.
Competitors
- ADM Corn Processing
- Cargill
- Tate & Lyle
Individual evidence
- ↑ Profile
- ↑ a b c d Form 10-K 2015
- ↑ Ihre-zukunft-ist-staerke.de: History
- ↑ Bestfoods History at FundingUniverse
- ↑ AkzoNobel sells the National Starch division for 1.3 billion US dollars ( Memento of the original from June 10, 2016 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , June 21, 2010