MGP Ingredients Inc. (MGPI) and Cargill announced a business alliance for the production and marketing of a new resistant starch product called Fibersym HA that is derived from high-amylose corn and ideal for use in an 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.