NatureWorks’ Ingeo PLA Manufacturing Expansion Attracts Record Financing from Krungthai Bank PCL of Thailand
NatureWorks , a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, today 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.
- NatureWorks , a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, today 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 $350M USD (12,600M Baht Equivalent), is one of the singular largest loans in the bank’s decades-long history and shows confidence in NatureWorks’ market leadership and global economic impact.
- View the full release here: https://www.businesswire.com/news/home/20240515079862/en/
Executives from NatureWorks and Krungthai Bank PCL finalized new financing for NatureWorks’ new fully-integrated Ingeo PLA manufacturing facility in Thailand which is on track to open in 2025. - To follow NatureWorks as it continues to make strides toward global expansion of bioplastics, visit natureworksllc.com or follow the company on LinkedIn or X (formerly Twitter).