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Article: Corn Products International's Brazilian Subsidiary Increases Equity Ownership to 50 Percent in Getec Joint Venture.
- Article from:
- PR Newswire
- Article date:
- September 15, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTCHESTER, Ill., Sept. 15 /PRNewswire-FirstCall/ -- Corn Products International, Inc. announced today that its wholly owned subsidiary, Corn Products Brasil - Ingredientes Industriais Ltda., and SPI Brasil Participacoes Ltda., a unit of Associated British Foods plc (ABF: L), have both increased their ownership to 50 percent from 20 percent in Getec Guanabara Quimica Industrial S.A., or Getec.
Getec is a major Brazilian producer of polyols, including liquid sorbitol and mannitol, and anhydrous dextrose, for the personal care, food, candy and confectionary, and pharmaceutical markets.
Marking its 100th anniversary in 2006, Corn Products International ...