Bangkok, 10 August 2021 – A materials company, NatureWorks, will construct a manufacturing complex for its biopolymer production in Thailand in second quarter of 2022, with investment of no less than US$600 million.
The new manufacturing complex will be located at the Nakhon Sawan Biocomplex (NBC) in Nakhon Sawan Province. Slated to open in 2024, the facility will have an annual capacity of 75,000 tonnes of biopolymer production.
Following this shareholder approval, NatureWorks has also selected engineering partners for the next project phase. Jacobs previously provided the front-end engineering design for the new manufacturing site and will now complete final detailed engineering for the project.
IAG has also been selected to partner with NatureWorks on engineering and construction, providing project management, project controls and procurement services. Both companies were chosen due to their expertise in executing large global capital projects.
Rich Altice, President and CEO of NatureWorks said, “Thanks to the ongoing support of our parent companies, our plans for a second location continue to progress. This authorisation was an important milestone that ensures we will be ready to begin construction in 2022 on an integrated manufacturing complex that will help us address the increasing global market demand for sustainable materials.”
– Construction+ Online
