in this issue
People & Business :: M&A
PTT Chemical Acquires 50% Stake in NatureWorks for $150 Million
NatureWorks to Build PLA in Thailand
10:00 AM MDT | October 12, 2011 | Deepti Ramesh
PTT Chemical (Bangkok) says it has signed an agreement to acquire a 50% stake Cargill's NatureWorks (Minnetonka, MN) subsidiary, a maker of polylactic acid (PLA), for $150 million. NatureWorks says it also plans to build a new PLA production facility in Thailand. NatureWorks expects to bring the new plant in Thailand online in 2015 and will announce further details later this year....
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee