NatureWorks Asia seeking $78.2 million in soft loans for bio-plastics in Thailand

August 21, 2014 |

In Thailand, NatureWorks Asia Pacific, a joint venture between PTT Global Chemical (PTTGC) and based Cargill, are requesting the government to provide $78.2 million in soft loans to help jumpstart the bio-plastics industry in the country. Those loans would then spur 40 times the investment from the private sector within the next five to 10 years, 75% of that in upstream production projects.

 

Category: Fuels

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