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NatureWorks
NatureWorks LLC is an international company that manufactures bioplastics—polymers derived entirely from plant resources—as an alternative to conventional plastic, which is made from petroleum. The commercial quality polymer is made from the carbon found in simple plant sugars such as corn starch to create a proprietary polylactic acid polymer (PLA) which is marketed under the brand name Ingeo. Headquartered in Plymouth, Minnesota, NatureWorks is jointly owned by Cargill and PTT Global Chemical, a Thai state-owned company. History In 2001, a joint venture between Cargill and the Dow Chemical Company was formed under the name Cargill Dow LLC and in 2005, Cargill bought out Dow’s interest in the venture. In 2002, a manufacturing facility in Blair, Nebraska began operations. It is the world's first and largest PLA facility and it supplies NatureWorks' Ingeo biopolymer. The Blair facility slated to increase its Ingeo nameplate capacity to 150,000 metric tons in the firs ...
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Ingeo
Ingeo is trademarked brand name for a range of polylactic acid (PLA) biopolymers owned by NatureWorks. The process to create Ingeo uses the carbon stored in plants by photosynthesis in the form of dextrose sugar. The carbon and other elements in these sugars are then used to make a biopolymer through a process of fermentation and separation. The resulting resin can then be injection molded into plastics goods, extruded for film applications, thermoformed into packaging, or extruded for use in textiles applications. PLA is more resistant to ultraviolet light than most other synthetics such as low density polyethylene (LDPE). It has relatively low flammability and smoke generation. Because it is more hydrophobic than common polyester fibers, when blended with cotton and wool, the biopolymer results in lighter garments that repel moisture. The biopolymer is also used in packaging manufacturing, including bottles for mineral water, that can be found already on the market ( ...
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Cargill
Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Cargill has frequently been the subject of criticism related to the environment, human rights, finance, and other ethical considerations. Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; raising of livestock and production of feed; and producing food ingredients such as starch and glucose syrup, vegetable oils and fats for application in processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity market ...
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Bioplastics
Bioplastics are plastic materials produced from renewable biomass sources, such as vegetable fats and oils, corn starch, straw, woodchips, sawdust, recycled food waste, etc. Some bioplastics are obtained by processing directly from natural biopolymers including polysaccharides (e.g. starch, cellulose, chitosan and alginate) and proteins (e.g. soy protein, gluten and gelatin), while others are chemically synthesised from sugar derivatives (e.g. lactic acid) and lipids (oils and fats) from either plants or animals, or biologically generated by fermentation of sugars or lipids. In contrast, common plastics, such as fossil-fuel plastics (also called petro-based polymers) are derived from petroleum or natural gas. One advantage of bioplastics is their independence from fossil fuel as a raw material, which is a finite and globally unevenly distributed resource linked to petroleum politics and environmental impacts. Life cycle analysis studies show that some bioplastics can ...
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PTT Public Company Limited
PTT Public Company Limited or simply PTT ( th, บริษัท ปตท. จำกัด (มหาชน)) is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls. Affiliated companies include PTT Exploration and Production, PTT Global Chemical, PTT Asia Pacific Mining, and PTT Green Energy. History PTT is the largest corporation in the country and also the only company from Thailand listed in Fortune Global 500 companies. The company ranks 81st among top 500 on the Fortune 500, and 180 on the Forbe ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day , established_date5 = 5 May 1945 , established_title6 = Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Recognised languages , languages2_sub = yes , languages2 = , demonym = Dutch , capital = Amsterdam , largest_city = capital , ...
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Teijin
is a Japanese chemical, pharmaceutical and information technology company. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT products. The company is listed on the first section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index. As of March 2014, the Teijin Group comprises 151 companies, 56 in Japan and 95 overseas. Teijin is a member of the Mitsubishi UFJ Financial Group (MUFJ) keiretsu. Business segments and products * Advanced Fibers & Composites Business ** Aramid fibers ** High-performance polyethylene ** High-performance polyester fibers ** PEN fibers ** Artificial leather ** Carbon fiber reinforced composites ** Flame-resistant fibers * Electric Materials & Performance Polymer Products Business ** Polycarbonate resin ** PEN resin ** PET film ** PEN film ** Processed film * Healthcare Business ** ...
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Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the difficult and controversial decisions required to save or reposition the company. It generally involves financing debt, selling portions of the company to investors, and reorganizing or reducing operations. The basic nature of restructuring is a zero-sum ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Naarden
Naarden () is a city and former municipality in the Gooi region in the province of North Holland, Netherlands. It has been part of the new municipality of Gooise Meren since 2016. History Naarden was granted its city rights in 1300 (the only town in the Gooi with these rights) and later developed into a fortified garrison town with a textile industry. Naarden is an example of a star fort, complete with fortified walls and a moat. The moat and walls have been restored on numerous occasions, most notably during the French era (1795-1814). After the Battle of Leipzig (1813), the Netherlands were liberated by an allied force of Dutch, Prussian and Russian armies. During this period, Naarden was besieged for months since the French commander didn't believe that Napoleon was captured. In May 1814, the French soldiers left the city in a retreat with honour (see Siege of Naarden (1813-1814). John Amos Comenius, 17th century Moravian born Czech educator was buried in the city, and ...
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2014 Thai Coup D'état
On 22 May 2014, the Royal Thai Armed Forces, led by General Prayut Chan-o-cha, Commander of the Royal Thai Army (RTA), launched a coup d'état, the 12th since the country's first coup in 1932, against the caretaker government of Thailand, following six months of political crisis. The military established a junta called the National Council for Peace and Order (NCPO) to govern the nation. The coup ended the political conflict between the military-led regime and democratic power, which was still going on from 2006 Thai coup d'état known as the unfinished coup. 7 years later, it has developed into 2020 Thai protests to reform the monarchy of Thailand. After dissolving the government and the Senate, the NCPO vested executive and legislative powers in its leader and ordered the judicial branch to operate under its directives. In addition, it partially repealed the 2007 constitution, save the second chapter which concerns the king, declared martial law and curfew nationwide, bann ...
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Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 million residents ; the city proper has a population of 13.99 million people. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island. Tokyo serves as Economy of Japan, Japan's economic center and is the seat of both the Government of Japan, Japanese government and the Emperor of Japan. Originally a fishing village named Edo, the city became politically prominent in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was mov ...
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