Bioplastics Markets

Bangkok, Thailand 23 24 May / 2012

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About the trade show

Thailand's largest chemical producer, PTT Chemical Public Company Limited (PTT Chemical) is investing US$150 million to acquire half of NatureWorks, the world's only manufacturer of polylactic acid (PLA). PTT plans to co- invest in NatureWorks' $200 million second PLA plant to be located in Thailand. With sugar or cassava as the raw material the plant will commence commercial production by 2015.

 

This is a significant investment by a leading chemical company to continue its aggressive growth by expanding its capacity to meet global demand for bio-based products. According to Marc Verbruggen, President and CEO of NatureWorks the company selected PTT Chemical as its partner and Thailand as its second production base because it sees growth in the bioplastic industry shifting to Asia.

 

In line with above development and to put forth an overview on PTT Chemical being on track to become a global leader by 2020 and push for Thailand to be an Asian bio-hub, CMT's 6th Bioplastics Markets on 23 - 24 May 2012 in Bangkok plans to incorporate focussed sessions to provide further insights into PTT Chemical's green expansion plans and updates on new capacities & growth projections in key Asian countries.

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Address: Bangkok, Thailand
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