IHS Chemical Week

NatureWorks seeking soft loans to establish Thai bioplastics

11:01 AM MDT | August 21, 2014

The Federation of Thai Industries (FTI; Bangkok) is seeking soft loans from the government to help establish a bioplastics industry in Thailand. The FTI is meeting with the Finance Ministry and other authorities to consider the loans program, which would create 100-billion baht ($3.1 billion) bioplastics industry in Thailand, says Viboon Pungprasert, general manager/Asia/Pacific at NatureWorks. NatureWorks is a joint venture between Cargill and PTT Global Chemical (PTTGC; Bangkok). Speaking at a press conference to announce NatureWorks' first major deal in...

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