In Minnesota, NatureWorks recently announced the historic financial support from Krungthai Bank PCL to optimize the capital structure for the new fully-integrated Ingeo PLA manufacturing facility in Thailand. The financing from Krungthai Bank, Thailand’s third largest bank, amounting to $350 million, is one of the singular largest loans in the bank’s decades-long history and shows confidence […]
In Thailand, leading polylactic acid producer NatureWorks has obtained a $350-million loan to finance its fully integrated PLA plant at the Nakhon Sawan Biocomplex. The loan, provided by Krungthai Bank PCL, will support both the construction and ongoing operations at the facility. The plant will utilize locally sourced sugarcane as feedstock. “This funding will enable […]
In Minnesota, a two-year partnership between IMA Coffee and polylactic acid producer NatureWorks has resulted in the development of a compostable coffee pod. Unveiled at the recent AMI Single-Serve Capsules conference in Boston, the pod features a rigid capsule body, filter, and lidding made from Ingeo™️ PLA biopolymer. Every IMA Coffee pod filling and sealing […]
