NatureWorks LLC Secures Resin Distribution with Quimicoplasticos and QP Inc in Colombia
MINNETONKA, Minn., January 15, 2009 -- NatureWorks LLC is pleased to announce a new strategic partnership with Quimicoplasticos and QP Inc to distribute NatureWorks products in Colombia. This agreement signals NatureWorks’ long term commitment to broadening the supply of Ingeo biopolymer resin for the packaging, foodservice and injection molding industries. It is another sign that the market for Ingeo biopolymers is growing fast and that NatureWorks is ready to supply it.
The group of Quimicoplasticos and QP Inc. are able to supply most of the raw material needs of the plastic converters in Colombia, such as thermoplastic resins, pigments, additives and process aids.
Quimicoplasticos was founded in 1982, as a plastic distributor for commodity resins and through their 26 years of experience, has been able to expand the product portfolio with engineering resins, color pigments, a full range of additives, mineral reinforced compounds and process aids.
The group of companies is committed to small, midsize and big customers, offering products from one bag to a full container load. For those requiring larger quantities, QP Inc. provides credit services and customer service.
Federico Londonő Sánchez, Vice President of Quimicoplasticos relayed “We feel happy and confident about a good future and enhanced possibilities in the plastic markets of Colombia by incorporating Ingeo in wide variety of applications. These Ingeo innovations can range from flower film wraps to injection molded cosmetic packaging to disposable cutlery to food service packaging - to mention a few.”
The combined distribution agreement between NatureWorks LLC., Quimicoplasticos and QP Inc., provides to the plastic industry in Colombia a leading group of companies in Latin America that can offer new products from new materials, Ingeo biopolymer, providing for better choice for a variety of markets.
About NatureWorks LLC
NatureWorks LLC is a company dedicated to meeting the world’s needs today without compromising the earth’s ability to meet the needs of tomorrow. NatureWorks LLC is the first company to offer a family of commercially available low carbon footprint biopolymers derived from 100 percent annually renewable resources with performance and economics that compete with oil-based plastics and fibers. The production of these biopolymers uses less fossil fuel and emits fewer green-house gases than conventional polymers. The company applies its proprietary technology to process natural plant sugars to make Ingeo biopolymer, which is used uniquely to make and market finished products under the Ingeo brand name. NatureWorks LLC is a joint venture between Cargill and Teijin Limited of Japan. For more information, visit www.natureworksllc.com.
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