Natur-Tec India Pvt. Ltd., a subsidiary of Northern Technologies International Corporation will distribute Ingeo resins in India and surrounding countries in addition to manufacturing compounds for use in packaging applications.
NatureWorks and Northern Technologies said they are collaborating on marketing and sales of Ingeo in India and surrounding countries, including Bangladesh, Pakistan, and Sri Lanka.Natur-Tec India Pvt. Ltd., a subsidiary of Northern Technologies International Corporation will distribute Ingeo resins in India and surrounding#
This is the first major sales initiative on the Indian subcontinent for Ingeo, a naturally advanced bioplastic with a host of commercial uses including textiles, rigid and flexible packaging, personal care products and latest innovations in 3D printing.
Natur-Tec India Pvt Ltd, a subsidiary of Northern Technologies which has been manufacturing and marketing a range of bio-based and compostable flexible films, rigid injection molded materials, and engineered plastics in India since 2006 is leading the marketing and sales effort in India and the subcontinent.
Under this new agreement, NatureWorks is supporting Natur-Tec India’s sales efforts by participating in joint sales meetings with multi-national corporations, providing technical expertise and marketing support, and supplying resin in bulk for distribution by Natur-Tec India.
“Success in a market as diverse and complex as India requires finding the right commercial partner – a partner that knows the market and our Ingeo products, has the respect of local customers, and shares similar values to your own,” said Rich Weber, Asia-Pacific commercial director, NatureWorks.
He added, “NatureWorks has worked with Northern Technologies International for years in North America. We know and respect the management team, and see this new multifaceted collaboration with Natur-Tec India as an extremely positive commercial development.”
“Natur-Tec India’s product and market knowledge in close collaboration with NatureWorks’ technical and commercial support sends a very positive message to customers that they will receive innovative products and an exemplary support infrastructure,” said Vineet Dalal, director of Global Market Development at Northern Technologies International.
NatureWorks is jointly owned by Thailand’s largest chemical producer, PTT Global Chemical, and Cargill, which provides food, agriculture, financial and industrial products and services to the world.
Northern Technologies International develops and markets proprietary environmentally beneficial products and technical services either directly or via a network of subsidiaries, joint ventures and independent distributors in over 50 countries.
NTIC's Natur-Tec branded products are engineered using proprietary and patented blend of biodegradable polymers and natural materials to create renewable resource based and certified compostable plastics. (AR)
Fibre2fashion News Desk - India