Ingredion completes rice manufacturing expansion supporting consumers' preferences for clean & simple products, the company is advancing its growth strategy by enhancing its global capabilities and expanding its rice production in Thailand
Ingredion completes rice manufacturing expansion supporting consumers' preferences for clean & simple products, the company is advancing its growth strategy by enhancing its global capabilities and expanding its rice production in Thailand
WESTCHESTER, Illinois, USA (July 9, 2020) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions, announced the completion of its rice manufacturing expansion in Banglen, Thailand. The expansion is part of the Company’s ongoing investment strategy to support customers globally through the growth of its specialty food ingredients business.
“Ingredion is a pioneer in the clean label movement and we understand consumer attitudes and preferences towards specific ingredients and claims, thanks to more than 25 years of experience in this space and the largest consumer research globally conducted on a regular basis. Being a well-recognized kitchen cupboard staple, non-GMO, hypoallergenic and gluten-free, rice continues to be an on-trend ingredient,” said Daniel Haley, global platform leader, Clean & Simple, Ingredion.
“The completion of our rice manufacturing expansion in Banglen, Thailand further positions Ingredion to provide our North American customers with consumer trusted, recognizable and on-trend rice ingredients with a secure and reliable supply chain,” said Patrick O’Brien, Ingredion’s regional platform manager for Clean & Simple Ingredients in the U.S. and Canada.
In addition to processing regular rice-based products, the facility has also enabled the development of multi-functional waxy rice flours which deliver smooth and creamy textures, with moderate to high process tolerance and offer superior stability in ambient, refrigerated and freeze/thaw conditions. These innovative products complement the Company’s functional native clean label portfolio, providing customers with choices that best meet their processes, recipes, desired sensory experiences and consumer preferences.
“Thailand is one of the largest exporters of rice globally with around 16 million of the population employed in rice farming. We are upgrading and expanding our capabilities right at the heart of rice cultivation and processing, letting us combine the local knowhow and experience with our own clean label expertise. This unique position will enable us to fast-track our customers’ growth projects in the clean and simple space.” added Rishan Pillay, Ingredion’s vice president and general manager for ASEAN and India.
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Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2019 annual net sales of more than $6 billion, the Company turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers around the world and more than 11,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest Company news.