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The following content is a news release distributed by Business Wire. The original news release may be found here.

NatureWorks’ Ingeo PLA Manufacturing Expansion Attracts Record Financing from Krungthai Bank PCL of Thailand

Distributed by Business Wire15 May 2024

PLYMOUTH, Minn.--(BUSINESS WIRE)--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...

Read the full news release here

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