May 11, 2012

Corn Products International claims 390 spot in Fortune 500

With 2011 net sales of $6.2 billion, Corn Products International, Inc.--a leading global provider of ingredient solutions to diversified industries--ranked number 390 on the FORTUNE 500 list.

"We are excited to be on the Fortune 500 list.  It recognizes our long history of consistent growth and effective strategy," said Ilene Gordon, chairman, chief executive officer and president. 

"We have generated both top and bottom line growth during our history as a public company while also delivering significant cash flow.  As a result of our performance, we have seen meaningful shareholder value creation and that remains our driving goal."

The ranking is based on total annual revenues of companies that are incorporated and operate in the US and which file financial statements with a government agency.  This is the company's first year on the list.

Corn Products recently announced that it intends to change its name to Ingredion pending shareholder approval at its annual meeting in May.