Region: Europe      US   Asia   India   Australia
You are not logged in    Login
IDS Packaging
The Information Resource for the Packaging Industry!
Browse Packaging Products and Suppliers By Category
Browse Packaging Whitepapers By Sector
Browse Packaging Events By Category
Participation Options
Free Listing
Interested in Exhibiting
SubmitEvents
IDS Packaging
Submit News
Packaging Newsletter
News ReleaseClick Here to view News Releases
Procter & Gamble, ConAgra Sign Licensing Deal
News Source
bizjournals
June 23, 2008
Click HereView Participation Packages
Click Here
Add your Listing

Agricultural giant ConAgra Foods Inc. will use Procter & Gamble Co.'s food technologies in a number of products as part of a licensing and capabilities agreement announced Thursday.

The deal, whose value was not disclosed, will allow ConAgra access to nutritious food ingredients and sustainable packaging technologies, according to a news release. ConAgra will be the exclusive licensee for the ingredients and technologies, including Calsura, a form of calcium used to fortify foods and beverages. It will also have access to P&G's research and clinical trials for Calsura.

P&G developed Calsura for its former Sunny Delight orange drink, which is now a standalone company. It has also licensed the ingredient to Tropicana for its orange juice since the late 1990s, said P&G spokesman Jeff LeRoy. ConAgra is licensing other technologies from P&G as well, but is not disclosing them, he said.

"P&G is a company of brands, and as a result we have technologies and core expertise in many categories and capabilities," said Jeff Weedman, vice president for external business development at Cincinnati-based P&G.

ConAgra (NYSE: CAG) is based in Omaha, Neb. Procter & Gamble (NYSE: PG) develops, manufactures and markets consumer products and pharmaceuticals.

Other News
Green Packaging Big For Consumers, Businesses
Container Exchanged Demonstrates Lower Packaging Costs by Eliminating Box Assembly
Flexible Packaging Company Gets Renewable Energy
DuPont Packaging Graphics Announces Price Increase
CFS Zero Reject Sealing System Saves both Material and Man-Hours
Featured Whitepaper
10 Tough Questions to Ask About Your Dispense Valves

Is your current dispense valve system giving you accurate shots with minimal mainte...

                     Read more

 

DVI European Plastics Converters EUROPEN Institute Of Packaging UK
DELEGATES
33031
Conference Sectors  Case Studies  List of Papers  Exhibition Sectors  Vendor Presentation  List of Exhibitors  Industry News  Sponsors  All Exhibitors  All Papers  Sitemap  Registration Links ]

 :: IDS Emergency Management :: IDS Water ::IDS Publishing / Media::IDS Healthcare Management::IDS Environment::IDS Plastics::IDS Power/Energy:: 

Industry IDS, Inc. – Online Tradeshow, Exhibition, & Buyers Guide Solutions