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NatureWorks secures fresh finance for Thailand plant

By Haydn Davis
16 May 2024

PLYMOUTH - NatureWorks has announced a US$350 million finance package from Thai bank Krungthai Bank, which will be used to fully develop the company’s new polylactic acid (PLA) manufacturing facility.

The new plant, located on the Nakhon Sawan Biocomplex (NBC) in Nakhon Sawan Province, Thailand, is designed to be a fully integrated PLA complex, including production sites for lactic acid, lactide, and polymer.

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