NatureWorks to set up facility in Asia
U
S-based NatureWorks will sell Ingeo packaging resin grades directly to Taiwanese customers. Also, due to the significant demand for Ingeo biopolymer in Asia, NatureWorks is seeking a location in Asia for its second world-scale Ingeo facility.
The direct sale of the resin completes NatureWorks commercial transition in Taiwan since other Ingeo grades (for example for fibres or durable applications) have been sold directly to its customer base there for a number of years.
The company previously had an exclusive distribution arrangement with a Taiwanese distributor. In order to provide multiple sales channel options for its local customers, NatureWorks intends to continue the supply of Ingeo packaging grades of resin through its existing distributor in Taiwan.
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