SHARE

NatureWorks LLC secures resin distribution with PromaPlast Resinas in Mexico

MINNETONKA, Minn., December 4, 2008 – NatureWorks LLC is pleased to announce a new strategic partnership with PromaPlast Resinas to distribute NatureWorks products in Mexico. 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.

Founded in Mexico in 1996, the PromaPlast Group of companies offers integral solutions to the plastics industry. PromaPlast represents world leading manufacturers, with a product line that includes specialty polymers, styrenics, polyolefins & elastomers, colors, compounds, additives and other related raw materials. With sales of $40 million, PromaPlast actively serves customers in Mexico and throughout the Americas. It is recognized by the industry as a reliable supplier of resin and has now become an extension of the NatureWorks’ distributor network to commercialize Ingeo biopolymer.

PromaPlast believes in long term business partnerships. For this reason and based on their core values, they see NatureWorks as a natural fit to deliver the most innovative materials to the marketplace and to lead the industry in responsible stewardship towards a better environment.

With eight branches in Mexico and one in Central America, PromaPlast is poised to put its logistics know-how, to work, teaming up with customers to identify & develop business opportunities and guarantee Ingeo local supply and professional technical support.

“PromaPlast is committed to and respectful of the community and environment,” stated Julio Pereda, commercial director of PromaPlast Resinas. “We believe NatureWorks will leverage our values, leading the industry into the future with the next resin generation of biopolymers,” Ingeo represents an ingenious new material made from plants, not oil. In addition to being derived entirely from annually renewable plant resources. Ingeo innovations use 65 percent less fossil fuel than the traditional polymers such as PET, and reduce greenhouse gas emissions by up to 50 percent.

Building on the last five years of market development, NatureWorks and PromaPlast, with Ingeo, can match the growing demand for more environmentally friendly bioplastics and secure better and faster distribution of resins throughout the supply chain in Mexico.

About NatureWorks

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.

###

Ingeo, ingenious materials made from plants not oil.

Ingeo and the Ingeo logo are trademarks or registered trademarks of NatureWorks LLC in the USA and other countries.

For Editorial Information

North America / Latin America

 Steve Sterling

Europe
 Steve Sterling

Asia Pacific
 Pauline Ning

Japan
 Daisuke Takabatake

In this Section

Where to Buy

Looking to buy Ingeo biopolymer?

See global distributors

Looking for products made with Ingeo?

See products from our partners