He said Ingredion believes there is an opportunity to further examine the relationship between the role flavors and texturizers play, especially when it comes to the formulation of healthy foods.

The starch may provide an improved texture for gelling and co-texturizing for dairy and dairy alternative products and desserts, Ingredion said.

Ingredion is divesting its business in South Korea to an affiliate of the Sajo Group.

As part of the realignment, Ingredion said it will transition from a company organized by regions to one organized by production assets and commercial efforts.

According to Ingredion, the ingredient may provide a clean label for consumers and manufacturers.

Quarterly sales increased to $2.07 billion, up 1% from $2.04 billion the previous year.

Previously, Mr. Ritchie was named president and general director of Mexico.

Net sales of $2.14 billion were up 13% from $1.89 billion.

The Science Based Targets initiative (SBTi) approved Ingredion Inc.’s 2030 emission reduction targets, affirming that they are consistent with the levels set by the Paris Agreement, the international treaty aimed at reducing global greenhouse gas (GHG) emissions. 

Ingredion Incorporated, a leading global provider of specialty ingredient solutions to the food and beverage manufacturing industry, has announced a new partnership with HowGood, a SaaS data platform with the world’s largest database on food and personal care product sustainability, to meet and surpass customer demands for sustainable ingredients.