Cargill, MGP Develop Low Carb Diet Starch

MINNEAPOLIS - Jul 14/04 - SNS -- MGP Ingredients, Inc. and Cargill will jointly market a new resistant starch product called Fibersym™ HA that is derived from high amylose corn and ideal for use in a wide array of lower net carbohydrate* food products.

Under the business alliance, which has an initial term of five years, Cargill will manufacture Fibersym™ HA according to a patent licensed exclusively to MGPI and relating to the production of food-grade starch resistant to alpha-amylase.

The new resistant starch will be marketed in the coming months by both companies under MGPI's Fibersym™ brand name with all revenues from such sales recognized by MGPI. MGPI and Cargill will share profits from sales of the new product.

"This alliance provides great opportunities for both companies as well as food manufacturers seeking a broader base of resistant starches for use in lower net carb applications," said Mike Trautschold, executive vice president of marketing and sales at MGPI. "The arrangement combines MGPI's licensed patented technology with Cargill's diverse production capabilities."

Subscribers can read the full text of the article by Clicking here