PTT Polymer Marketing Co. Named Ingeo™ Distributor for Thailand and Vietnam

  PTT Polymer Marketing Co. Named Ingeo™ Distributor for Thailand and Vietnam

Seeing strong growth potential in Southeast Asia, NatureWorks opened its Asia
     Pacific regional headquarters in Bangkok this January and is moving
             aggressively to develop sales channels in the region

Business Wire

BANGKOK -- May 8, 2013

NatureWorks, the world’s leading supplier of biopolymers with Ingeo^™ fibers
and plastics made from plants, not oil, has named PTT Polymer Marketing Co.,
Ltd. (PTTPM), the marketing arm of PTT Global Chemical Plc., as its Ingeo
distributor in Thailand and Vietnam. PTTPM will bring Ingeo to its broad base
of thermoformers, film extruders and injection molders, initially focusing on
the packaging and foodservice ware industries.

The agreement with PTTPM follows soon after NatureWorks opened its Bangkok
regional headquarters and shows NatureWorks moving rapidly toward sales
channel development in Southeast Asia. Global business leaders see the
significant growth potential in this region as incomes rise and the middle
class expands.

“PTTPM has experienced plastics industry sales and technical personnel, as
well as a broad customer base in both Thailand and Vietnam,” said Rich Weber,
the Asia/Pacific commercial director for NatureWorks. “We evaluated several
distributors and found PTTPM to be the strongest, best positioned and most
enthusiastic.”

“We are pleased to expand our portfolio with the addition of Ingeo, a globally
recognized performance-based renewable plastic,” said Supachoke Liamkaeo,
president of PTTPM. “Our collaboration with NatureWorks now gives companies in
Thailand and Vietnam the opportunity to develop a full range of packaging and
foodservice ware items offering performance with sustainability.”

Ingeo emits 60 percent less greenhouse gas and requires 48 percent less energy
to manufacture into resin as compared to such plastics as PET. Ingeo offers
converters and brand owners stable pricing as compared to the volatility of
the plastics made from petroleum. Ingeo food service items, such as flatware,
cups and utensils, are typically biodegradable in industrial composting
facilities – enabling the diversion of organics from landfills, where the
composting infrastructure exists. Rigid and film-based Ingeo packaging
delivers performance advantages. For example, clamshell packaging made with
Ingeo requires 20 to 30 percent less material than a comparable package made
from PET.

A sampling of current Ingeo solutions can be found online in NatureWorks’
Ingeo LookBook. For more information about NatureWorks and Ingeo, visit
www.natureworksllc.com. Follow NatureWorks on Twitter (@natureworks) for the
latest updates. The international Ingeo users’ forum Innovation Takes Root
will be held in February 2014 in Orlando, Florida, and a significant number of
Southeast Asian attendees are expected.

For Ingeo inquiries to PTTPM, please contact:

PTT Polymer Marketing Limited

Energy Complex Building A

9th Fl. 555/1 Vibhavadi Rangsit Road

Chatuchak, Bangkok 10900 THAILAND

  *Ms. Pulsiri Rattananiyomkul (pulsiri.r@pttpm.com; tel.: +66 2 140 4427)
  *Mr. Chunarong Phayungpong (chunarong.p@pttpm.com; tel.: +66 2 140 4393)

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.

About PTTPM
PTT Polymer Marketing Company Limited or PTTPM was established as a polymer
marketing arm, providing high caliber professional sales and marketing
services for PTT Group’s polymer manufacturing units. PTTPM offers a variety
of high quality polymers, such as high density polyethylene (HDPE), low
density polyethylene (LDPE) and linear low density polyethylene (LLDPE),
polypropylene (PP), polystyrene (PS) and bioplastics. PTTPM’s products are
distributed throughout Thailand as well as exported to more than 100 countries
around the world.

Contact:

PTTPM
Suthira K., +66-2-140-4479
Email:  suthira.k@pttpm.com
or
Asia Pacific & Japan
Pauline Ning, +86-138 1650 1881
Email: pauline_ning@natureworkspla.com
or
Europe
GB Network, Milano
Silvia Loda, +39 02 76018402
Email: press@gbnetwork.eu
or
USA
Steve Sterling, +1 952-935-0078
Email: steve@sterlingpr.net