MGP, Cargill Jointly Introduce Starch Product
August 16, 2004
MGP, Cargill Jointly Introduce Starch Product
ATCHISTON, Kan., & MINNEAPOLISMGPIngredients Inc. and Cargill Food & Pharma Specialties formed a businessalliance to produce and market a new resistant starch product, Fibersym HA.
Under terms of the agreement, which has an initial five-yearterm, Cargill will manufacture Fibersym HA, which is derived from highamylosecorn, under an MGP patent and both companies will market the ingredient.
This arrangement combines MGPs licensed patentedtechnology with Cargills diverse production capabilities, said MikeTrautschold, executive vice president of marketing and sales at MGP(www.mgpingredients.com). We believe Fibersym HA will fulfill some uniquecustomer requirements, particularly in products that traditionally have a cornbase.
R. Creager Simpson, president of Cargill Food & Pharma(www.cargillfoods.com), said the Fibersym HA product is positioned to takeadvantage of market interest in ingredients that are higher in fiber and lowerin carbohydrates. Fibersym HA when combined with Cargills other functionalingredients creates more options for food companies to enhance their lower netcarb product development, he said.
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