« February 2010 | Main | April 2010 »

March 26, 2010

CPO Updates NAFTA Chapter 11 Arbitral Tribunal Proceedings

Corn Products International, Inc. (NYSE:CPO), a leading global provider of ingredient solutions to diversified industries, has received a further decision in its case against the United Mexican States arising out of a 2002 tax imposed on soft drinks using sweeteners other than cane sugar.
The tribunal has issued a correction of its August 2009 damages award. While the amount of damages, $58.4 million, has not changed, the decision makes the damages payable to Corn Products International, Inc, instead of its wholly owned subsidiary, CPIngredientes, to eliminate double taxation.

icecream2.jpg

March 17, 2010

CPO Declares Quarterly Dividend of $0.14 Per Share

The Board of Directors of Corn Products International, Inc. (NYSE: CPO) today declared a quarterly dividend of $0.14 per share on the Company's common stock.
The dividend is payable on April 26, 2010, to stockholders of record at the close of business on March 31, 2010.

muffin.jpg

March 15, 2010

CPO to Host 2010 Investor Day

WESTCHESTER, Ill., Mar 15, 2010 (BUSINESS WIRE) -- Corn Products International, Inc. (NYSE: CPO), a leading provider of agriculturally derived ingredient solutions to diversified industries, will host its 2010 Investor Day on Tuesday, March 23. The meeting will be broadcast in a real-time webcast beginning at 9:30 a.m. Eastern Time and will last approximately two hours.

The session will provide a review of the Company's strategic plan for 2010 and beyond. Speakers include Ilene Gordon, chairman, president and chief executive officer; and Cheryl Beebe, vice president and chief financial officer. Also present will be Jack Fortnum, president, North America Division; Jorge Fiamenghi, president, South America Division; John Saucier, president, Asia/Africa Division and vice president, strategy and global business development; and John Barry, vice president, investor relations and corporate communications.

The webcast will include an audio and visual presentation available to the public at the Corn Products International web site, www.cornproducts.com. The presentation will be available for download 60 minutes prior to the start of the meeting. The webcast will be available at www.cornproducts.com for 30 days. This is a listen-and-view-only presentation.

If you are interested in hearing the live webcast and seeing the presentation, please click here.

newspaper&glasses.jpg

March 12, 2010

CPO Earns Its Place as One of the World's Most Admired Companies

Corn Products International is one of the world's most admired companies, according to business leaders and experts surveyed by Fortune Magazine.

Fortune compiles its annual Most Admired list by surveying industry executives, directors and analysts in more than 60 diverse industries, who rate companies based on nine key criteria. This year, Corn Products was ranked second in the category of Food Production. The Company earned high marks in the areas of financial soundness, product quality and people management.

The list was announced in the March edition of Fortune.

"It is always a pleasure to be recognized for our hard work, but it is particularly rewarding considering the challenges that we faced in 2009," said Ilene Gordon, Chairman, President and Chief Executive Officer. "You should all take great pride in this award, because you earned it more than ever last year. I am looking forward to working with all of you to maintain this same level of excellence in 2010 and beyond."

You can learn more at www.fortune.com

yogurtbowl.jpg