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Ingredion Invests $50 Million in Cedar Rapids, Iowa Facility to Expand Specialty Industrial Starch Capacity for Packaging and Papermaking Industries
Newsfilter· 2025-02-28 04:53
Company Overview - Ingredion Incorporated is a leading global provider of ingredient solutions, serving customers in over 120 countries with annual net sales of approximately $7.4 billion in 2024 [3] - The company specializes in turning grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for various markets, including food, beverage, animal nutrition, brewing, and industrial applications [3] - Ingredion operates innovation centers known as Ingredion Idea Labs® and employs more than 11,000 people globally [3] Investment and Expansion - Ingredion announced a $50 million investment to modernize and expand its Cedar Rapids, Iowa facility, focusing on the production of industrial starches for the packaging and papermaking industries [1][2] - The investment aims to increase capacity and improve production efficiency, positioning Ingredion to better serve the growing demand for functional solutions that meet stringent requirements for strength, biodegradability, and recyclability [2] Market Demand and Commitment - There is a rising demand for stronger natural polymer-based food packaging and functional solutions in the containerboard and papermaking sectors [2] - Ingredion is committed to supporting these industries as they adapt to changing consumer and environmental requirements, contributing to the circular economy of the paper and packaging industries [2]
Ingredion(INGR) - 2024 Q4 - Annual Report
2025-02-20 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-13397 INGREDION INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...
Oobli and Ingredion Announce Partnership as Demand for Sweet Proteins Accelerates
Prnewswire· 2025-02-13 14:01
Ingredion Ventures, Lever VC, and Sucden Ventures join existing key investors to close an $18M funding round.DAVIS, Calif., Feb. 13, 2025 /PRNewswire/ -- Oobli, the first company in the world to successfully build a sweet protein platform, today announced its partnership with Ingredion, a leading global ingredient solutions provider. Together, Oobli and Ingredion will accelerate industry access to great-tasting, affordable and healthier sweetener systems by bringing natural sweetener solutions like stevia a ...
Ingredion Incorporated 报告 2024 年第四季度及全年业绩表现强劲
GlobeNewswire· 2025-02-06 13:38
2024 年全年,报告和调整后的*每股收益分别为 9.71 美元和 10.65 美元,相比之下,2023 年全年分别为 9.60 美元和 9.42 美元2024 年全年的经营现金流为 14.36 亿美元,其中约 4 亿美元的增长来自营运资本余额的有利变动,这主要得益于玉米成本下降2024 年,公司向股东返还了 4.26 亿美元,其中股票回购占 2.16 亿美元公司预期 2025 年全年报告和调整后的每股收益将在 10.75 美元至 11.55 美元之间 韦斯特切斯特,伊利诺伊州, Feb. 06, 2025 (GLOBE NEWSWIRE) -- 全球领先的食品和饮料制造业配料解决方案提供商 Ingredion Incorporated(纽约证券交易所代码:INGR)今日公布了其 2024 年第四季度和全年业绩。 Ingredion 总裁兼首席执行官 Jim Zallie 表示:“我们第四季度的财务业绩再创新高,这主要归功于质构与健康解决方案部(以下简称‘T&HS’)销量的持续强劲增长,以及我们在美国/加拿大和拉美地区食品与工业配料部(以下简称‘F&II’)的出色业绩。 我们在 2024 年进行了重组并确立了 ...
Ingredion(INGR) - 2024 Q4 - Earnings Call Presentation
2025-02-04 13:19
Fourth Quarter and Full Year 2024 Earnings Call Jim Zallie President and CEO James Gray Executive Vice President and CFO Option 1 Non-GAAP Financial Measures This presentation provides information about adjusted diluted earnings per share ("adjusted EPS"), adjusted operating income, adjusted effective income tax rate, and other financial measures (collectively, the "non-GAAP financial measures") which are not measurements of financial performance calculated in accordance with U.S. generally accepted account ...
Ingredion Invests $100 Million in Indianapolis Plant to Improve Efficiency and Enable Future Texture Solutions Growth
GlobeNewswire· 2025-02-04 12:05
WESTCHESTER, Ill., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced investments of more than $100 million to increase efficiency, modernize equipment and also install an energy cogeneration system at its Indianapolis facility. This project will expand Ingredion’s capabilities for delivering texture innovations to growing end markets while bolstering the economic viability and sus ...
Ingredion(INGR) - 2024 Q4 - Annual Results
2025-02-04 11:07
NEWS RELEASE Ingredion Incorporated 5 Westbrook Corporate Center CONTACTS: Westchester, IL 60154 Investors: Noah Weiss, 773-896-5242 Media: Rick Wion, 708-209-6323 INGREDION INCORPORATED REPORTS STRONG 2024 FOURTH QUARTER AND FULL-YEAR RESULTS WESTCHESTER, Ill., February 4, 2025 – Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported its fourth quarter 2024 and full-year 2024 results. "We delivered record Q4 fin ...
Ingredion Incorporated Reports Strong 2024 Fourth Quarter and Full-Year Results
GlobeNewswire· 2025-02-04 11:05
Full-year 2024 reported and adjusted* EPS were $9.71 and $10.65, compared with $9.60 and $9.42 in the full-year 2023, respectivelyFull-year 2024 cash from operations was $1,436 million, which benefited from approximately $400 million favorable change in working capital balances as corn costs decreasedIn 2024, the Company returned $426 million to shareholders, including $216 million of share repurchasesThe Company expects its full-year 2025 outlook for reported and adjusted EPS to be in the range of $10.75 t ...
Ingredion Named to 2025 FORTUNE World's Most Admired Companies List for 15th Time
Newsfilter· 2025-01-29 14:43
WESTCHESTER, Ill., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food manufacturing industry, has been named to the 2025 Fortune World's Most Admired Companies list. This marks the 15th time Ingredion has received this distinguished recognition, reaffirming the Company's position as a leader in innovation, sustainability, and corporate excellence. "To be recognized for the 15th time by our peers on the World's Most Admired Comp ...
Ingredion Named to 2025 FORTUNE World's Most Admired Companies List for 15th Time
GlobeNewswire· 2025-01-29 14:43
WESTCHESTER, Ill., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, has been named to the 2025 Fortune World's Most Admired Companies list. This marks the 15th time Ingredion has received this distinguished recognition, reaffirming the Company’s position as a leader in innovation, sustainability, and corporate excellence. “To be recognized for the 15th time by our peers on the World's Most Admired Com ...