WESTCHESTER, Ill., Mar 26, 2010 (BUSINESS WIRE) -- 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
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
ABOUT CORN PRODUCTS INTERNATIONAL, INC.
Corn Products International is one of the world's largest corn refiners
and a major supplier of high-quality food ingredients and industrial
products derived from the wet milling and processing of corn and other
starch-based materials. The Company, headquartered in Westchester, Ill.,
is a leading worldwide producer of dextrose and a major regional
producer of starch, high fructose corn syrup and glucose. In 2009, Corn
Products International reported net sales and diluted earnings per share
of $3.67 billion and $0.54, respectively, with operations in 13
countries at 28 plants, including wholly owned businesses, affiliates
and alliances. For more information, visit www.cornproducts.com.
SOURCE: Corn Products International, Inc.
Corn Products International, Inc.
Investors: John Barry, (708) 551-2592
Media: Mark Lindley, (708) 551-2602