Welcome to our dedicated page for Ingredion news (Ticker: INGR), a resource for investors and traders seeking the latest updates and insights on Ingredion stock.
Ingredion Incorporated (INGR) is a global leader in plant-based ingredient solutions, serving food, beverage, and industrial markets through continuous innovation. This news hub provides investors and industry professionals with timely updates on Ingredion's operational developments, financial milestones, and market strategies.
Access curated press releases and analysis covering earnings reports, sustainability initiatives, product innovations, and strategic partnerships. Our repository ensures stakeholders stay informed about Ingredion's advancements in clean-label ingredients, starch technologies, and global supply chain developments.
Key updates include regulatory filings, manufacturing expansions, R&D breakthroughs from Idea Labs®, and responses to evolving consumer trends in nutrition. Content is organized for quick scanning while maintaining depth for fundamental analysis.
Bookmark this page for direct access to Ingredion's official communications and third-party analyses vetted for relevance. Check regularly for updates impacting the company's position in the $50B+ global food ingredients market.
Ingredion and S&W Seed Company have formed an exclusive U.S. stevia pilot production supply agreement. S&W will use its proprietary stevia plants and advanced techniques to supply high-quality, U.S.-sourced stevia to Ingredion and its PureCircle group. This agreement aims to enhance sugar reduction solutions and explore large-scale stevia production opportunities in the U.S. The global stevia market is projected to grow to $1.6B by 2028. This collaboration follows Ingredion's recent strategic moves, including acquiring a controlling stake in PureCircle and a joint venture with Amyris.
Ingredion Incorporated (NYSE: INGR) has appointed Catherine Suever to its board of directors, effective August 17, 2021. With over 35 years of experience in finance and global business operations, Suever aims to enhance board decision-making and drive long-term shareholder value. Her past roles include executive vice president and CFO at Parker-Hannifin and current directorship at Hexcel Corporation. The company's 2020 sales reached $6 billion, focusing on ingredient solutions across various industries.
Ingredion reported a strong second quarter in 2021, showcasing adjusted EPS of $2.05, up from $1.12 in 2020. Year-to-date results revealed a reported EPS of $(1.01) due to a $360 million impairment charge for Argentina operations. Net sales surged 31% to $1.76 billion, driven by double-digit volume growth across all regions and strong price mix management. The company anticipates full-year adjusted EPS between $6.45 and $6.85, reflecting solid growth amid rising corn costs. Ingredion continues to focus on specialty ingredients, bolstering its market position.
Ingredion Incorporated (NYSE: INGR) is set to release its second quarter financial results for 2021 on August 3, before market opens. The company, a leader in ingredient solutions, reported net sales of $6 billion in 2020 and serves customers across more than 120 countries. CEO Jim Zallie and CFO James Gray will discuss the financial performance in a live conference call at 8 a.m. CT on the same day. Interested participants can access the webcast and will find a replay available on the company's website.
On May 19, 2021, Ingredion Incorporated's board declared a quarterly dividend of $0.64 per share on its common stock. This dividend will be payable on July 26, 2021, to stockholders of record as of the close of business on July 1, 2021. Headquartered in Westchester, Illinois, Ingredion serves over 120 countries with annual net sales of $6 billion in 2020. The company specializes in turning plant-based materials into value-added ingredient solutions for various markets including food, beverage, and industrial sectors.
Univar Solutions (NYSE: UNVR) has expanded its agreement with Ingredion to exclusively distribute PureCircle's plant-based stevia products across select European countries. This partnership, cultivated over more than 20 years, enhances Univar's portfolio of specialty food ingredients that cater to various applications including beverages and dairy alternatives. PureCircle's stevia offerings, derived from its proprietary Starleaf™ plant, promise to meet the growing consumer demand for sustainable and healthier ingredients.
Ingredion Incorporated (NYSE: INGR) announced that CEO Jim Zallie will present virtually at the BMO 2021 Global Farm to Market Conference on May 20, 2021, at 10 a.m. ET. Participants can join the live webcast on the company’s website, under the 'News and Events' section, approximately 10 minutes prior to the start. Ingredion, a global leader in ingredient solutions, reported annual net sales of $6 billion in 2020 and serves customers across more than 120 countries, focusing on enhancing food, beverage, and other industries through innovation.
Ingredion reported a first quarter 2021 adjusted EPS of $1.85, an increase from $1.59 in the previous year, despite a reported loss of $(3.66) due to a $360 million impairment charge. Strong performance in Asia-Pacific and South America drove net sales up 5% year-over-year, totaling $1.614 billion. The company expects 20-30% growth in net sales for Q2 2021 fueled by volume recovery. The quarterly dividend announced is $0.64 per share.
Amyris has entered a $100 million agreement with Ingredion for exclusive licensing of its zero-calorie, nature-based Reb M sweetener. The deal includes a minority ownership stake for Ingredion in Amyris's Brazilian manufacturing facility and establishes Ingredion as the exclusive commercial partner for Amyris's sugar reduction technology. This collaboration aims to accelerate the availability of sustainable ingredients for the food and beverage industry, enhancing both companies' market reach. The transaction is expected to close in Q2 2021.
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