Ingredion will invest $60 million to upgrade several of its Asian production facilities as part of a new investment programme, which aims to grow the company’s speciality food ingredients business in the region.
The company operates four manufacturing facilities in Thailand and three manufacturing facilities in China, and this investment programme will aim to expand its modified and clean-label speciality starch capabilities through equipment upgrades and plant expansions.
The programme will aim to increase production of tapioca modified food starch in Thailand by 20%, and double the capacity of its speciality rice starch and rice flour business in the country.
Ingredion will also aim to increase the production of modified food starch from its Chinese facilities by 30%, while also further upgrading its corn wet milling capacity in China.
Additionally, the company will aim to upgrade its wastewater treatment facilities in Thailand as part of the investment.
