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Made in America:Corn Refined Products Help U.S. Industries Thrive

Corn Refiners Association 2012 Annual Report

Link to Publication

2012 C o r n An n u A l

C o r n r e f i n e r s As s o C i At i o n

TABlE OF COnTEnTS

Foreword ...........................................................................................2Audrae Erickson, President, Corn Refiners Association

Refined Corn Products: Helping American Industry Thrive ..............3Richard N. Kyle, Chairman, Corn Refiners Association

Corn Industry Statistics

Shipments of Products of the Corn Refining Industry – 2011 ...........2

Safety Program Award Winners .........................................................4

U.S. Corn Refining Industry at a Glance – 2011 ...............................5

Exports of Products from Corn – 2011 .............................................6

Corn Refiners Association Member Companies Products ..................7

Corn Refiners Association Member Companies Domestic and International Plant Locations ......................................8

STAFFAudrae EricksonPresident

David RosenthalSenior Vice President

David KnowlesDirector of Communications

Pat SaksDirector of Operations

Andrew ResnickCampaign Director

Nancy KohlerAssistant Director for Policy and Operations

Shannon MarshallAssistant Director of Conferences and Meetings

Therese PompaSocial Media Manager

Victoria WodarcykSecretary

Cassandra KuballCommunications Assistant

2012 C o r n An n u A l | P A g e 5

C o r n r e f i n e r s As s o C i At i o n

*Includes employees that provide services in non-corn refining areas. Compiled by the Corn Refiners Association based on 2011 data from the U.S. Department of Agriculture, LMC Commodity Studies, Renewable Fuels Association and industry data compiled for CRA by Veris Consulting, Inc.

U.S. Corn Refining Industry at a Glance— 2011Corn Refining Plants 26Location 11 statesCorn Grind 1.8 billion bushelsValue of Corn Purchased $11.8 billionNumber of Corn Suppliers 41,000Employment by CRA Member Companies 65,300*Capital Investment (replacement value) $17.8 billion

Major Products (estimated)Sweeteners (dry weight) 26.2 billion poundsStarches 6.5 billion poundsEthanol 1.8 billion gallonsCo-products 30.9 billion poundsValue Added by Manufacture $10 billion

formulation to provide good dispersion, controlled transfer of the design to the cloth and good color value.

Home Improvement & Building

Corn starches are used as thickeners and binders in building products, such as wall-joint compounds, floor leveling compounds and tile grouts. Starch is used in the production of wallboard, and corn sweeteners are used as humectants to control water release and prevent brittle edges. In paints and coatings, starches function as binders, rheology modifiers, dispersants, flocculants, film formers and gloss agents.

In foundry and ceramic applications starches serve as die mold release agents, green strength additives, fillers and binders, and can be used as anti-cracking additives to maintain even distribution of liquids and solids.

Sweeteners used in the manufacture of tiles and bricks reduce cracking by regulating the migration of water during drying. They reduce brittleness and deformation of the brick or tile. Corn sweeteners are also used to retard setting in concrete.

Oil Refining & Mining

Corn starches are used in the search for oil as part of the “drilling mud,” which cools down superheated oil drilling bits.

In oil drilling fluids, corn-derived ascorbic acid helps protect against iron corrosion in the drilling apparatus and prevents the formation of ferric oxide.

The mining industry uses starches as foam control agents to improve the efficiency of certain ore separation processes.

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Annual Report

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You are cordially invited to attend the CRA November Board Meeting

at The Lodge at Torrey Pines in La Jolla, CANovember 7-9, 2012

Hosted by Rick and Laura Kyle

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Invitation

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Wednesday, November 76:15 p.m. - Reception and Dinner in the Charles Fries room at The LodgeOur welcome reception will be held on the patio of the Charles Fries room at The Lodge at Torrey Pines. Bask in the warmth of the old stone fireplace while enjoying the beautiful view of the lodge’s pool and golf course with the Pacific Ocean as a backdrop. Afterwards enjoy dinner catered by The Lodge’s signature restaurant, A.R. Valentien, known for its fresh farm to table cuisine. Casual attire (sport coats, sweaters, slacks).

Thursday, November 87:00 a.m. - Golf at the Torrey Pines Golf Course (Meet at the Torrey Pines Pro Shop next to The Lodge. Tee times begin at 7:28 a.m.)Situated atop cliffs towering above the Pacific Ocean, golfers marvel at the views of the

coastline, deep ravines, and classic championship golf holes. Torrey Pines signature hole is one of the most famous in all of golf. Hole #6 on the North Course is a beautiful downhill par 3 with a sweeping view along rugged cliffs and across the vast Pacific Ocean. CRA will host a lunch for golfers immediately following at the Grill in The Lodge at Torrey Pines.

9:00 a.m. - Tour of La Jolla and Balboa Park (Meet in the lobby of The Lodge at 8:45 a.m. for transportation.)You will be transported through the loveliest parts of the city as you drive through the historic Gaslamp Quarter and La Jolla, with its attendant cove, pristine beaches, and million dollar homes. Tour beautiful Balboa Park with its breathtaking Spanish architecture and view the Pacific Ocean from a bird’s eye view atop beautiful Mount Soledad. Casual attire (comfortable shoes recommended).

11:30 a.m. - Lunch at Sheerwater in the Hotel del Coronado. Since it was first built more than 120 years ago, the Hotel del Coronado has been a beacon of grandeur and refinement among vacation destinations in Southern California and the world. With its iconic red-shingled roof adding a dash of majestic color to the dazzling azure Pacific coastline, The Del stands as the definitive example of what a luxury resort should be. You will stop first for a view of the beautiful bridge over San Diego Bay before

continuing on to the hotel, made even more famous by its iconic role in the Marilyn Monroe film “Some Like it Hot”. Featuring an expansive outdoor dining terrace and giant fireplaces, Sheerwater is the Hotel del Coronado’s refined, yet casual oceanfront restaurant. Sheerwater’s “Fish by the Sea” menu takes advantage of the restaurant’s beachfront location and features classic bistro-style cuisine with a focus on fresh and sustainable seafood.

Spouses Event ScheduleCRA Board of Directors’

MeetingLa Jolla, CaliforniaNovember 7-9, 2012

The Lodge at Torrey Pines11480 North Torrey Pines Road

La Jolla, California 92037(858) 453-4420

7:30 p.m. - Dinner at the Marine Room (Meet in the lobby of The Lodge at 7:00 p.m. for transportation to the restaurant.)After opening in 1941, The Marine Room quickly became famous as pounding surf created dramatic displays against the restaurant’s windows. The “Seahorse” symbol of The Marine Room has long stood for its dramatic on-the-surf location and award-winning cuisine by Executive Chef Bernard Guillas and Chef de Cuisine Ron Oliver. Considering this rare blend of culinary excellence, uncompromisingservice and beachfront setting, it’s no wonder The Marine Room has become a true San Diego landmark. Cocktail party attire (sport coats/open collar, evening wear, pant suits or cocktail dresses).

Friday, November 9 9:00 a.m. - Breakfast for Spouses/Guests at the Grill, The Lodge at Torrey PinesRelax on the scenic patio and enjoy the view as you linger over your morning coffee. Casual attire.

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Tri-Fold

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Lunch at Hotel del CoronadoWednesday, November 8

Following our tour of La Jolla and Balboa Park we will explore Coronado island and dine at 11:30 at Sheerwater,

Hotel del Coronado’s refined yet casual oceanfront restaurant.

Dinner at the Marine RoomThursday, November 8

Meet in the lobby of the hotel at 7:00 p.m. for transportation to the restaurant

After opening in 1941, The Marine Room quickly became famous as pounding surf created dramatic displays against

the restaurant’s windows. The “Seahorse” symbol of The Marine Room has long stood for its dramatic on-the-surf location and

award-winning cuisine by Executive Chef Bernard Guillas and Chef de Cuisine Ron Oliver. Considering this rare blend of

culinary excellence, uncompromising service and beachfront setting, it’s no wonder The Marine Room has become a true

San Diego landmark.

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Fliers

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Torrey Pines Golf CourseThursday, November 8 at 7:00 a.m.

Meet at the Torrey Pines Pro Shop next to the LodgeTee times begin at 7:28 a.m.

Lunch immediately following at The Grill atThe Lodge at Torrey Pines

Situated atop cliffs towering above the Pacific Ocean, golfers marvel at the views of the coastline, deep ravines,

and classic championship golf holes. Torrey Pines signature hole is one of the most famous in all of golf. Hole #6 on the North Course is a beautiful downhill par 3 with a sweeping view along rugged cliffs and across the vast Pacific Ocean.

Please note, the CRA has paid in advance for golf this year. All golfers will be requested to pay the CRA $139 per person

in advance of the meeting.

GET the FACTS about HIGH FRUCTOSE CORN SYRUPwww.SweetSurprise.com

© 2013 Corn Refiners Association

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Please RSVP to Victoria Wodarcyk atvwodarcyk@corn.org or (202) 534-3490

(This is a widely attended event)

The Corn Refiners AssociationCordially Invites You To AReception Celebrating Its

100th AnniversaryTuesday, March 12, 2013

6:00 p.m. – 8:00 p.m.The Madison Hall

James Madison Memorial BuildingLibrary of Congress

101 Independence Avenue, S.E.Washington, D.C.

100 Years

CE

LEBRATIN

G

REFINERSA S S O C I A T I O N

CORN

1913 -2013

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