8 Mai 2013

PTT Polymer Marketing Co. Named Ingeo™ Distributor for Thailand and Vietnam

Seeing strong growth potential in Southeast Asia, NatureWorks opened its Asia Pacific regional headquarters in Bangkok this January and is moving aggressively to develop sales channels in the region

NatureWorks, the world’s leading supplier of biopolymers with Ingeo™ fibers and plastics made from plants, not oil, has named PTT Polymer Marketing Co., Ltd. (PTTPM), the marketing arm of PTT Global Chemical Plc., as its Ingeo distributor in Thailand and Vietnam. PTTPM will bring Ingeo to its broad base of thermoformers, film extruders and injection molders, initially focusing on the packaging and food serviceware industries.

The agreement with PTTPM follows soon after NatureWorks opened its Bangkok regional headquarters and shows NatureWorks moving rapidly toward sales channel development in Southeast Asia. Global business leaders see the significant growth potential in this region as incomes rise and the middle class expands.

“PTTPM has experienced plastics industry sales and technical personnel, as well as a broad customer base in both Thailand and Vietnam,” said Rich Weber, the Asia/Pacific commercial director for NatureWorks. “We evaluated several distributors and found PTTPM to be the strongest, best positioned and most enthusiastic.”

“We are pleased to expand our portfolio with the addition of Ingeo, a globally recognized performance-based renewable plastic,” said Supachoke Liamkaeo, president of PTTPM. “Our collaboration with NatureWorks now gives companies in Thailand and Vietnam the opportunity to develop a full range of packaging and foodservice ware items offering performance with sustainability.”

Ingeo emits 60 percent less greenhouse gas and requires 48 percent less energy to manufacture into resin as compared to such plastics as PET. Ingeo offers converters and brand owners stable pricing as compared to the volatility of the plastics made from petroleum. Ingeo food service items, such as flatware, cups, and utensils, are typically biodegradable in industrial composting facilities – enabling the diversion of organics from landfills, where the composting infrastructure exists. Rigid and film-based Ingeo packaging delivers performance advantages. For example, clamshell packaging made with Ingeo requires 20 to 30 percent less material than a comparable package made from PET.

A sampling of current Ingeo solutions can be found online in NatureWorks’ Ingeo LookBook. For more information about NatureWorks and Ingeo, visit www.natureworksllc.com. Follow NatureWorks on Twitter (@natureworks) for the latest updates. The international Ingeo users’ forum Innovation Takes Root will be held in February 2014 in Orlando, Florida, and a significant number of Southeast Asian attendees are expected.

For Ingeo inquiries to PTTPM, please contact
PTT Polymer Marketing Limited
Energy Complex Building A
9th Fl. 555/1 Vibhavadi Rangsit Road
Chatuchak, Bangkok 10900 THAILAND

Ms. Pulsiri Rattananiyomkul (pulsiri.r@pttpm.com; Phone: +66 2 140 4427)
Mr. Chunarong Phayungpong (chunarong.p@pttpm.com; Phone: +66 2 140 4393)

About NatureWorks
NatureWorks LLC is a company dedicated to meeting the world’s needs today without compromising the earth’s ability to meet the needs of tomorrow. NatureWorks LLC is the first company to offer a family of commercially available, low-carbon-footprint Ingeo™ lactides and biopolymers derived from 100 percent annually renewable resources with performance and economics that compete with oil-based intermediates, plastics, and fibers, and provide brand owners’ new cradle-to-cradle options after the use of their products. NatureWorks is jointly owned by Thailand’s largest chemical producer, PTT Global Chemical, and Cargill, an international producer and marketer of food, agricultural, financial, and industrial products and services.

About PTTPM
PTT Polymer Marketing Company Limited or PTTPM was established as a polymer marketing arm, providing high caliber professional sales and marketing services for PTT Group’s polymer manufacturing units. PTTPM offers a variety of high quality polymers, such as high density polyethylene (HDPE), low density polyethylene (LDPE) and linear low density polyethylene (LLDPE), polypropylene (PP), polystyrene (PS) and bioplastics. PTTPM’s products are distributed throughout Thailand as well as exported to more than 100 countries around the world.

Source: NatureWorks LLC, press release, 2013-05-08.

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