CORN PRODUCTS INTERNATIONAL INTENDS TO CHANGE ITS NAME TO INGREDION
(Thomson Reuters ONE) -
WESTCHESTER, Ill., February 14, 2012 - Corn Products International, Inc.
(NYSE:CPO), a leading global provider of ingredient solutions to diversified
industries, today announced that it intends to change its name to Ingredion
pending shareholder approval at its annual meeting in May.
The new name better reflects the company's position as a leading supplier of
starch and sweetener ingredients to a range of industries, including packaged
food, beverage and brewing.
"We are very excited to announce our new name and identity. Ingredion doesn't
represent a change in strategy or a change in the strong business model that
we've built. It does, however, better reflect the diversity and growth of our
product offerings and is more representative of the stronger, more global
company we have become. We have been and will always strive to be an
innovative, customer-focused company and our new name and identity support this
position," said Ilene Gordon, chairman, president and chief executive officer.
"Over the past 106 years, our company has built a reputation for providing
quality ingredients, and we are confident that we will continue this legacy and
build on it in the years to come," Gordon added.
The new name is subject to shareholder approval, and a proposal to approve the
change will be included in the company's proxy statement for its annual meeting
in May, which will be released in early April.
About the Company
Corn Products International, Inc. is a leading global ingredient provider to the
food, beverage, brewing and pharmaceutical industries as well as numerous
industrial sectors. The Company produces ingredients that provide valuable
solutions to customers in approximately 50 countries. For more information,
visitwww.cornproducts.com.
CONTACT:
Investors and Media: Aaron Hoffman, 708-551-2592
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Corn Products International, Inc via Thomson Reuters ONE
[HUG#1585261]
Unternehmensinformation / Kurzprofil:
Datum: 14.02.2012 - 17:04 Uhr
Sprache: Deutsch
News-ID 114592
Anzahl Zeichen: 2626
contact information:
Town:
Westchester, Illinois
Kategorie:
Business News
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