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27 Sep 2018 — Ingredion has appear US$60 actor of planned investments to abound its specialty aliment accommodation business in Asia-Pacific. Beginning beforehand this year, the aggregation commenced amplification of its adapted and clean-label specialty starch capabilities in tapioca, adhering blah and rice. 

The company’s specialty basic advance projects include:-    A 20 percent amplification of its tapioca adapted aliment starch accommodation in Thailand forth with advanced upgrades to its wastewater analysis facilities.-    More than acceleration the accommodation and accretion the authoritative standards of its specialty rice starch and rice abrade business in Thailand, which it acquired in 2017.-    Completing a 30 percent amplification of its adapted aliment starch accommodation and added convalescent its blah wet milling accommodation in China. 

“These cardinal investments are advised to advance our advance and strengthen our accomplishment arrangement in Asia to accommodated added chump demand,” says Jim Zallie, Ingredion President and Chief Executive Officer. “Growing our all-around specialties business to $2 billion in anniversary sales by 2022 is an basic allotment of our action to bear abiding assisting advance and enhance actor value.”

“Our specialty investments in Asia-Pacific accredit us to abound alongside our customers, advance our all-embracing abundance and ultimately lower our assembly costs. Through our actions, we are able to accommodate greater approaching amount to our barter by alms added anatomic and affordable additive solutions,” Jim Gray, Ingredion’s Executive Vice President and Chief Financial Officer tells FoodIngredientsFirst.

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In a contempo account with The Apple of Aliment Ingredients, Zallie fatigued able bounded amplification plans. “Our all-around ability and brand accommodate excitement, but back you attending at our sales to barter to citizenry ratio, there are opportunities. If you booty North America for Ingredion, 61 percent of our sales are there, as able-bodied as 39 percent of customers. But it alone represents 7 percent of the world’s population. In contrast, Asia Pacific represents aloof 12 percent of sales, 25 percent of customers, but 57 percent of the world’s population,” he said. 

“My point is that Ingredion today has sales of added than one actor dollars in 65 countries about the world, which represents 80 percent of the world’s population. Considering sales to chump citizenry arrangement and how all-around we are, we feel aflame that we can advantage the all-around operating archetypal with allowance for advance area we are underrepresented from a sales to citizenry ratio. We are focused on accepting added antithesis in our portfolio but we are represented acerb in every region. For example, 17 percent of our sales are in South America, while 12 percent are in Asia-Pacific. We would like to alter and abound in EMEA and Asia-Pacific, but this doesn’t avert us from gluttonous out acceptable assets to enhance our portfolio but additionally accord us new technologies and acceptable aptitude from about the world. From a sales representation standpoint, those three regions alfresco of North America will be a focus for us for added balance,” he added.

With anniversary net sales of about $6 billion, Ingredion turns grains, fruits, vegetables and added bulb abstracts into value-added accommodation and biomaterial solutions for the food, beverage, cardboard and corrugating, brewing and added industries. The aggregation operates four accomplishment accessories in Thailand and three accomplishment accessories in China.

“We see growing appeal for both apple-pie characterization accommodation and specialty starch-based texturizers throughout the region,” says Valdirene Licht, Ingredion Senior Vice President and President, Asia-Pacific. “The investments will acquiesce us to abide to advance with our barter to accommodate innovative, on-trend solutions. Our bounded aggregation has all-encompassing applications and formulating ability accumulated with the broadest and centermost portfolio of adhering blah and tapioca based specialty starches and a acknowledged clue almanac of acknowledging barter in the arena for added than three decades. We’re now aflame to be architecture our on-trend rice additive business and we will abide to accomplish added investments in Asia that account our barter globally.”

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“The accomplishments actuality taken in Asia are constant with our all-around action to advance in our specialty starch authorization and aggrandize our capabilities to innovate and action added customized solutions for our barter about the world,” adds Zallie.

“We are continuing to assassinate our strategy,” says Valdirene, Vice President at Ingredion. “We accept a all-around footprint, ample artefact portfolio, and focus on higher-value specialty articles drive advance and antithesis accident to bear actor value. We accomplish accommodation about the world, accept a attendance in over 40 countries and advertise to added than 18,000 barter in added than 120 countries. The all-inclusive majority of our accommodation are fabricated and acclimated locally, and our geographic assortment balances country-specific risks.”

“We apprehend advance in the specialty starch bazaar as consumers are added absorbed in wholesome foods with ‘clean-label’ ingredients.  Building off of our acknowledged clue almanac of innovations with tapioca and adhering corn, we’re now added architecture out our rice to abound our specialties business in Asia,” Valdirene adds.

By Robin Wyers

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From TWOFI

13 Sep 2018 — Ingredion CEO Jim Zallie is targeting able advance for his aggregation in specialty ingredients, which will be partly accomplished through added acquisitions. He batten in detail about accepted industry trends and their business action affective forward.

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Food Accommodation News

04 Sep 2018 — Azelis broadcast into Indonesia with the aperture of an appointment in Jakarta in 2017. Antonius Utomo Prihantono, Managing Director Azelis Indonesia, has already congenital teams of experts with assorted backgrounds and accomplished ability of the bounded market. Since Azelis entered the Asia Pacific bazaar six years ago, the aggregation has accustomed a attendance in 11 countries, opened 21 offices and 23 appliance laboratories – including a Personal Care and Aliment lab in Indonesia.

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27 Jul 2018 — New Ingredion CEO, Jim Zallie is targeting able advance for his aggregation in specialty ingredients, which will be partly accomplished through added acquisitions. M&A action will about absolutely chase in the anatomy of t-ons, but alike article added transformational such as a above alliance would be considered. “The agitative allotment about our aggregation is that we accept a able antithesis sheet,” he says in a abundant absolute account with FoodIngredientsFirst. “The befalling for t-on acquisitions would be a candied atom for us, but equally, if an befalling to be transformational that was added abundant opened up, we are accommodating and absorbed in accomplishing that as well. We are not almost focused, nor abashed of a amazing befalling to abound and body our portfolio.”

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23 Jul 2018 — The affiliation of several portfolios into a distinct beyond additive article was a key affair at the IFT 2018 Aliment Expo in Chicago aftermost week. The almost baby barter appearance attic was a admonition of how abounding antecedent announcement companies accept been swallowed up over contempo years, in adjustment to be chip into the brand of DSM (e.g. Martek, Ocean Nutrition Canada and Fortitech), Kerry (e.g. Ganeden, Red Arrow and Biothera), ADM (Wild Flavors) and IFF (Ottens Flavors and David Michael). Naturex (currently actuality acquired by Givaudan) could be the aing to abandon from a appearance floor, amidst a accumulation accommodation world, area questions charge anon be aloft about a growing abridgement of antagonism and assortment in ultimate captivation companies.

Food Accommodation News

19 Jul 2018 — Ingredion has added three anatomic potato starches to its candy cheese additive portfolio, giving manufacturers greater functionality and choice. CheeseApp 50, 70 and 80 accredit compound amount accumulation in candy alternation block cheeses while carrying the ambrosial arrangement and acoustic qualities consumers crave, according to the company.

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