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Global Corn Wet Milling industry Analysis & Review Starch, Sweetners & Co-products 2008
S. K. Patil and Associates, Jan 2008, Pages: 137
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 theses 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.
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