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Article: NatureWorks seeks chances for growth; Partnership, plantEmerging markets.(News)
- Article from:
- Waste & Recycling News
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mike Verespej
After laying off employees earlier this year because of lower-than-expected sales, bioplastics manufacturer NatureWorks LLC reported that sales volumes in April and May were higher than for the same period in 2008.
"Our business recovered faster than we anticipated, President and CEO Marc Verbruggen said in a recent telephone interview. "We are experiencing a healthy double-digit growth rate.
He said a particular area of strong demand has been nonwoven and semi-durable product applications, and that he expect major brand owners to look more closely at NatureWorks' Ingeo brand of polylactic acid bioresin.
The ...