We are a leading global ingredient company on the move. We are evolving our strategic mix, broadening our emphasis from core ingredients to include higher-value, on-trend specialty ingredients.
Ingredion successfully managed a very challenging global environment in 2013. Through prudent risk management, operational focus, and cost containment, we mitigated the impacts of higher raw material costs, currency devaluations and some weak consumer trends. At the same time, we continued to aggressively return capital to our shareholders.
Ingredion delivered another strong year, highlighted by good financial performance, our successful name change, the successful completion of the integration of National Starch, and meaningful progress on many other strategic fronts.
With a deep expertise in selling and developing starch and sweetener ingredients, a broad geographic footprint, a business model predicated on discipline and growth, and a best-in-class reputation in our industry, we are very well positioned to deliver on our plans in 2012 and beyond.
Corn Products International delivered an outstanding year highlighted by strong financial results and the successful execution of our strategy, notably the transformational acquisition of National Starch.