Taking Bio-Based Products to the Next Level

The Wall Street Journal: MarketWatch
Jan. 5, 2012, 3:11 p.m. EST

MGP Ingredients, Inc. Teams Up With Kansas Alliance for Biorefining and Bioenergy, Universities on Research and Development

ATCHISON, Kan., Jan 5, 2012 (GlobeNewswire via COMTEX) -- MGP Ingredients, Inc. /quotes/zigman/8001434/quotes/nls/mgpi MGPI -1.35% (MGP), an expert in wheat- and corn-based ingredients, is teaming up with the Kansas Alliance for Biorefining and Bioenergy (KABB) and four Kansas universities to develop new technologies and products that use bio-based raw materials. Through this collaborative endeavor, KABB is awarding a grant of approximately $1.4 million, which is being matched through in-kind services estimated at approximately $1.5 million from MGP and the participating universities combined.

The three-year research-and-development efforts will seek to find innovative ways to produce cost-competitive bio-based foams, plastics, fuels and other materials from distillers dried grains and solubles (DDGS), which result from the production of alcohol made from agriculturally-derived raw materials.

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