Thursday, February 6, 2014

Global Ingredient Manufacturer Ingredion plans re-entry into the Kenyan market

Global Ingredient Manufacturer Ingredion plans to re-introduce full operations in the Kenyan market once it’s sure getting raw materials locally. The company which relies more on corn to produce some of its products closed down its factory in Eldoret in 2002 because of maize deficiency in the country. According to Ingredion Senior Director Strategy & Business Development, Europe, Middle East and Africa (EMEA) Mike Croghan, the company is working with various industry stakeholders to improve and stabilize market conditions. However, he was non-committal on when the company would reset up a new factory in Kenya.