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IAF opens first regional office
NatureWorks, supplier of biopolymers based Ingeo fibres, has announced that the company has located its first Asia Pacific 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.
25th January 2013
Knitting Industry
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Bangkok
NatureWorks, supplier of biopolymers based Ingeo fibres, has announced that the company has located its first Asia Pacific 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 fibre 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.”
Rich Weber will serve as the new Asia Pacific 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 long-time NatureWorks employee 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 Asia Pacific 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 Asia Pacific 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.
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