- In September 2023, Mintec introduced delivered high fructose corn syrup, dextrose, and sugar benchmark prices, offering new pricing transparency in the market
- In September 2022, Ingredion launched a state-of-the-art starch manufacturing plant in China, focusing on sustainable production of specialty starches. This facility enhances Ingredion’s ability to supply the global food and beverage supply chain while promoting sustainability. In addition, it supports local farmers, contributing to the development of the regional agricultural economy
- In August 2022, Cargill invested approximately USD 50 million to build a new corn syrup refinery in Fort Dodge, Iowa. This facility expansion enables the company to better meet the increasing demand for corn syrup while promoting more sustainable production practices. The move strengthens Cargill’s position in the market by enhancing its manufacturing capabilities and supply chain efficiency
- In May 2022, Archer Daniels Midland Company announced a major investment to expand starch production at its Marshall, Minnesota facility to meet the growing demand for various fructose products in the food and beverage industries. This expansion also supports the continued growth of ADM’s Bio Solutions platform, reinforcing the company’s commitment to providing sustainable and nutritious solutions
- In July 2021, Cargill invested USD 45 million (EUR 38 million) to expand its European portfolio of starches, sweeteners, and texturizers by adding soluble fibers. This strategic move was driven by the growing demand for reduced-sugar products. By incorporating soluble fibers, Cargill aims to offer healthier alternatives and meet evolving consumer preferences for lower-sugar options in the food and beverage industry
