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Ingredion Invests Approximately USD$30 million in Thailand Facility

Growing Demand for Specialty Ingredients Drives Expansion of Manufacturing Capacity

SINGAPORE, 6 June 2017 – Ingredion, a leading global provider of ingredient solutions to diversified industries, announces the opening of a new facility in Kalasin, Thailand, completing an investment of approximately USD$30 million. (The investment was part of the approximately $100 million of worldwide capital expenditures announced in Sept. 2014.) The investment strengthens Ingredion’s capabilities and production of its NOVATION® functional native starches, an industry-leading solution for clean-label food and beverage formulation.

The project commenced in August 2014 with over a million man-hours involved without any injuries upon completion. Within 2.5 years of its approval, the facility has successfully produced its first batch of locally sourced NOVATION® functional native starches. Ingredion operates four facilities in Thailand with over 800 employees.

The new facility is designed to increase the global manufacturing capacity, facilitate better supply control and optimise efficiency of distribution in the Asia Pacific region. Jorgen Kokke, Senior Vice President of Asia Pacific and President of EMEA, commented, “Consumer demand for clean label foods has evolved from a trend to mainstream. It is a global movement that was developed and established in the United States and Europe that is now emerging in Asia, and this expansion will help our customers meet the growing demand for healthier, simple ingredients and wholesome foods.”

Ingredion Invests Approximately USD$30 million in Thailand Facility
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