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2016-02-04

Ingredion Incorporated: INGREDION TO ACQUIRE SHANDONG HUANONG SPECIALTY CORN DEVELOPMENT CO., LTD. IN CHINA

WESTCHESTER, Ill., February 4, 2016 - Ingredion Incorporated (NYSE: INGR), a
leading global provider of ingredient solutions to diversified industries,
announced today that it has entered into a definitive agreement with Pingyuan
County Juyuan State-Owned Asset Management Co., Ltd. to acquire the
state-owned Shandong Huanong Specialty Corn Development Co., Ltd. in Pingyuan
County, Shandong Province, China.

The acquisition supports Ingredion's specialty ingredients business in China
and has been approved by the Company's board of directors. It is subject to
approval by Chinese government authorities as well as to other customary
closing conditions. Details of the transaction have not been disclosed.

"This acquisition is another step in executing our strategic blueprint for
growth. It enhances our capacity in the Asia-Pacific region with a vertically
integrated manufacturing base for specialty ingredients," said Jorgen Kokke,
Ingredion senior vice president and president, Asia Pacific and EMEA. "China
is a growing market for our specialty starches, and this acquisition provides
a base for further expansion to accommodate future market growth in China and
across Asia Pacific."

Madame Wang Hong Xia, Pingyuan County Head, said, "We welcome Ingredion as an
investor in Pingyuan County. Their investment provides excellent growth and
development opportunities for the work force and local economy."

Shandong Huanong Specialty Corn Development Co., Ltd. has 146 employees.

ABOUT INGREDION

Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions
provider. We turn corn, tapioca, potatoes and other vegetables and fruits
into value-added ingredients and biomaterial solutions for the food,
beverage, paper and corrugating, brewing and other industries. Serving
customers in over 100 countries, our ingredients make yogurts creamy, candy
sweet, paper stronger and face creams silky. VisitIngredion.comto learn more.

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CONTACT:

Investors:
Heather Kos, 708-551-2592

Media:
Claire Regan, 708-551-2602

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via Globenewswire

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