The Future of the Corn Wet Milling Industry Looks Bright According to New Report
DUBLIN, Ireland--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c84073) has announced the addition of Global Corn Wet Milling industry Analysis & Review Starch, Sweeteners & Co-products 2008 to their offering. This report is a comprehensive effort to document the industry data along with a description of how global corn wet milling plants are managed. It is a comprehensive review of several areas that cannot be found in other publications. The Report offers many details of production, markets, products, costs, capacity, players in the US and data sets of sweeteners, starch derivatives, co-products including the impact of trade regulations. None of this is available in a reports format as we have attempted to compile in this report. In the last section of the report is a complete list of global players of this industry. The corn processing industry has undergone many evolutionary changes and is currently under tremendous pressure to maintain/improve margins. The industry has experienced consolidation in the past few years and this trend will continue to restructure and streamline scale and efficiencies. In 2007, SPI expanded its presence out side corn processing by acquiring SPI Polyols of Delaware a major poylols processor. Recent demand on starch from ethanol has greatly enhanced the margins including HFCS. The HFCS demands have flattened due to concerns of obesity and glycemic trends. The total utilization of starch in the world in 2006 was 62 million tons (USDA, EU Commission). The Carbohydrate economy is moving forward in several fronts to create new products and technologies including bio-based products from corn using the corn refining industry and other similar bioprocess technologies from the renewable plant and ocean sources are most promising growth areas globally. The most striking examples are ethanol for fuel and food sweeteners, HFCS and range of corn syrups. Besides these high volume commodity products corn wet milling and refining plants are highly sophisticated bioprocess operations that produce a range of products such as citric acids, lactic acids, lysine, threoninie, xanthan gums, erithrytol, sorbitol, xylitol, mannitol, hydrogenated starch hydrolyzates, maltodextrins, glucose hydrolyzates and the most recent nutritional products Sucromalt. During the last century petroleum-based industrial products gradually replaced bio-based products once made from biological materials. During the past almost 100 years the petrochemical business model has been built on very efficient conversion of hydrocarbon feed to produce very diver's products for numerous industrial applications. Now, biobased industrial products are beginning to compete with petroleum-derived products that once displaced them. We are now back to a carbohydrate economy where the carbohydrates starch and cellulosics are utilized to produce the material where the petroleum based energy, fine chemicals and the intermediates are starting to replace the fossil material. This report offers comprehensive description and insight into the corn wet milling and starch industry. Our comprehensive global, technical and commercial experience is invaluable in providing the information submitted in this report. This report also provides an in-depth summary of the starch industry's players, their capabilities, strengths and weaknesses. ADM and Cargill continue to be the leaders in this industry in terms of volume. There remain excellent opportunities for global, multinational organizations to move forward and create a positive impact on the global economical and technological fronts. With the appropriate vision and strategy, the future for the corn wet milling industry, and its customers, remains bright. For more information visit here Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax: +353 1 4100 980 Copyright Business Wire 2008
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