Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,436.79 28.25 0.17%
S&P 500 1,868.51 3.66 0.20%
NASDAQ 4,111.81 16.29 0.40%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

NatureWorks Selects Bangkok for the Site of Its First Asia Pacific Headquarters



  NatureWorks Selects Bangkok for the Site of Its First Asia Pacific
  Headquarters

 NatureWorks hires experienced commercial and managerial personnel to support
           Ingeo^™ customers in the region and to grow market share

Business Wire

BANGKOK -- January 22, 2013

NatureWorks, the world’s leading supplier of biopolymers, with Ingeo^™ fibers
and plastics made from plants, not oil, announced today that the company has
located its first Asia Pacific (A/P) regional headquarters in Bangkok and has
expanded its team of senior commercial, managerial and technical personnel to
enhance support of Ingeo customers throughout the region and to expand
business.

“In many parts of Asia, most notably China, Korea, Japan and Taiwan, as in
North America and Europe, Ingeo is already helping brand owners lower the
carbon footprint of their plastic and fiber products, while giving these same
companies significantly improved material price stability,” said Marc
Verbruggen, president and CEO, NatureWorks. “The opening of our first Asian
headquarters is an important move as we add support for current customers and
introduce Ingeo to many more.”

New senior personnel

Rich Weber will serve as the new A/P commercial director, and Viboon
Pungprasert is the new general manager of NatureWorks Asia Pacific Limited.

Weber will lead existing Ingeo market development work throughout the region.
He is also responsible for establishing and managing new distribution
relationships in Southeast Asia and the Indian subcontinent. He will
coordinate Ingeo sales across segments and geographies and will set up
commercial operations to support regional business development opportunities.

Weber joins NatureWorks from Cargill’s Strategy & Business Development Group,
where he managed teams of associates to deliver business strategy and mergers
and acquisitions advice to Cargill senior management. Weber is relocating from
the U.S. to Bangkok. Weber replaces longtime NatureWorks staffer Dan Sawyer,
who with this move is now responsible for NatureWorks' recently formed “new
business incubator.”

“My initial focus will be to meet with present customers and to develop
important new relationships throughout various channels to market, including
converters, downstream manufacturers, innovative brand owners and retailers,”
Weber said. “I will also be involved in growing our commercial and technical
team to support the expanding market interest in Asia.”

Viboon Pungprasert, the new general manager of NatureWorks Asia Pacific
Limited, will manage the NatureWorks A/P business from Bangkok. Pungprasert
explained, “By establishing a physical footprint in Thailand, NatureWorks will
be better able to support the growth of its existing customers in northern
Asia and develop new business in Southeast Asia. We plan to add warehousing
and logistics capabilities, which will improve our supply chain by providing
safety stock and the flexibility to ship product samples. NatureWorks A/P will
also add customer service and finance staff that will more effectively serve
our customers and support the Asia Pacific sales team. These initial
investments reinforce NatureWorks’ commitment to the region and its support of
accelerating Asian market growth.”

Pungprasert comes to NatureWorks from PTT Global Chemical Public Company
Limited, where he most recently served as assistant vice president of
international business development for the company’s international investment
subsidiary.

NatureWorks has hired business development and technical personnel in
Thailand, Hong Kong and Japan to increase support for customers and to further
market development.

Chi Au-Yeung is NatureWorks’ new technology and business development
specialist for the AP region. Pauline Ning is transitioning to regional Ingeo
marketing and communications manager for Asia Pacific. Kasina Samdaengdech is
the new business development manager for Thailand and Vietnam, and Toshiaki 
Yamamatsu is now Ingeo technical sales development specialist for Japan. 
(Brief descriptions on the backgrounds of NatureWorks Asia Pacific's new
personnel are at the end of this release.)

Ingeo, the world’s leading bioplastic, is utilized in a host of products and
industries. A sampling of current solutions can be found online in
NatureWorks’ COP 17 Ingeo Lookbook. For more information on NatureWorks, visit
www.natureworksllc.com. Follow NatureWorks on Twitter (@natureworks) for the
latest updates.

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 Ingeo™ lactides and biopolymers derived from
100 percent annually renewable resources with performance and economics that
compete with oil-based intermediates, plastics, and fibers, and provide brand
owners’ new cradle-to-cradle options after the use of their products.
NatureWorks is jointly owned by Thailand’s largest chemical producer, PTT
Global Chemical, and Cargill, an international producer and marketer of food,
agricultural, financial, and industrial products and services.

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

NatureWorks Asia Pacific New Team Members

Viboon Pungprasert: General Manager, NatureWorks Asia Pacific
Pungprasert comes to NatureWorks from PTT Global Chemical Public Company
Limited (PTTGC), where he most recently served as assistant vice president of
international business development for the company’s international investment
subsidiary. Pungprasert has held increasingly responsible positions with such
firms as Shell, MMP Packaging, and Toyota. Pungprasert has written four books
on Thai Investments and currently has a weekly column in Bangkokbiznews
Newspaper on investing. He holds a Bachelor of Engineering degree in
Industrial Engineering from Chulalongkorm University and a MBA from the
University of the District of Columbia.

Rich Weber: Commercial Director, NatureWorks Asia Pacific
Weber joins NatureWorks from Cargill’s Strategy and Business Development
Group, where he managed teams of associates to deliver business strategy and
mergers and acquisitions advice to Cargill senior management. Earlier in his
career, he was a bio-process development engineer for Biogen IDEC (a
bio-pharmaceutical company). He holds a Bachelor of Science degree in Chemical
Engineering from the Massachusetts Institute of Technology and a MBA from the
University of Chicago Booth School of Business.

Chi Au-Yeung: Ingeo technology and business development specialist, Asia
Pacific region
Chi comes to NatureWorks from DSM where she was new business development
manager for the company’s ultra-high molecular weight polyethylene product
line. Prior to DSM, Chi held positions with Dow Chemical, Cabot, and Styron.
At NatureWorks Chi will use her deep technical expertise and marketing
background to provide technical support to customers and will work with
business segment managers to grow business in China. Chi will be based in Hong
Kong.

Pauline Ning: Ingeo marketing and communications manager, Asia Pacific
Ning has been with NatureWorks since 2004. She will be transitioning to the
newly established position of Ingeo marketing and communications manager for
the A/P region. In that capacity she will support all areas of marketing and
communications, including conferences and tradeshows. She will be based in
both Hong Kong and Shanghai.

Kasina Samdaengdech: Ingeo Business Development Manager, Thailand, NatureWorks
Asia Pacific
Samdaengdech comes to NatureWorks from PTT’s Green Chemical Strategy and
Business Group where she was business development manager. Earlier in her
career she was a sales analyst for Siam Mitsui PTA. At NatureWorks,
Samdaengdech will be responsible for establishing strong sales channel
relationships in Thailand and Vietnam.

Toshiaki Yamamatsu: Ingeo technical sales development specialist, Japan
Toshiaki will be in charge of technical sales and serve as the primary contact
for technical and regulatory questions with customers in Japan. Toshiaki
studied architecture and environment systems engineering, and several years
ago joined BP Consulting, Inc., a full line Ingeo distributor in
Japan. Toshiaki will bring Ingeo training and application expertise to
Japanese customers.

Contact:

For NatureWorks LLC:
Asia Pacific & Japan
Pauline Ning, +86-138 1650 1881
pauline_ning@natureworkspla.com
or
Europe
GB Network, Milano
Silvia Loda, +39 02 76018402
press@gbnetwork.eu
or
USA
Steve Sterling, +1 952-935-0078
steve@sterlingpr.net
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement