STOCKHOLDERS APPROVE CORN PRODUCTS INTERNATIONAL NAME CHANGE TO INGREDION
WESTCHESTER, Ill., May 15, 2012 - Corn Products International, Inc. (NYSE: CPO), a leading global provider of ingredient solutions to diversified industries, today announced that its new name, Ingredion Incorporated, has been approved by its stockholders. The announcement was made at the company's Annual Meeting.
"We are pleased that the name change has been approved. Ingredion better describes our business model and our portfolio of ingredient solutions," said Ilene Gordon, chairman, chief executive officer and president. "However, our strategic blueprint remains the same. We are focused on driving shareholder value through organic growth, geographic expansion, product innovation and operational excellence."
"Over the years we have built a reputation as an innovative, customer-focused company. Going forward, we will continue to build on our strong legacy," Gordon added.
Beginning June 4, 2012, Corn Products will be listed on the New York Stock Exchange as Ingredion (NYSE: INGR). The company plans a phased roll out of the new name, beginning in the United States.
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, visit www.cornproducts.com
CONTACT:
Investors: Aaron Hoffman, 708-551-2592
Media: Claire Regan, 708-551-2602
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