Corn Products shareholders okay Ingredion name
May 15, 2012
WESTCHESTER, ILL. — Shareholders of Corn Products International have voted to change the company’s name to Ingredion, marking another phase of the name change.
The company said the new name will betters showcase its role as a global ingredients solution company serving the food and beverage industry. Business units in the United States, which includes Corn Products U.S. and National Starch, will begin to register the name legally and start doing business as Ingredion in early June. The rest of North America will follow later in 2012 with other countries and regions picking up the new name by the end of 2013.
“We are thrilled to face the marketplace with a name that says, ‘ingredient solutions,’” said Ilene Gordon, chairman, president and chief executive officer. “We’re proud of our legacy in providing consistently high-quality ingredients to our many customers and helping them succeed in new realms with innovations they can get nowhere else. We will continue to build our enterprise and ingredient solutions portfolio to help our customers address trends and compete better around the world.”