Ingevity Corporation

Bioplastic Producer
✓ Active
Headquarters
📍 North Charleston, South Carolina, USA
Stock
📈 NGVT (NASDAQ)
Founded
📅 2014 (spun off from WestRock)
Employees
👥 2,050+
🌐 Visit Website

🧬 Primary Materials

Caprolactone (Capa®), polyol, specialty additives, sustainable polymers

🎯 Market Segments

Bags and films, rigid packaging, paper coatings, personal care, adhesives

Overview

Ingevity Corporation is a specialty materials and chemical manufacturer headquartered in North Charleston, South Carolina. Spun off from WestRock in 2014, Ingevity operates in 31 countries with 2,050+ employees, reporting through three business segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals.

The company is the world’s leading innovator in caprolactone technology, with 40 years of expertise in producing high-performance, sustainable, and biodegradable biopolymers for diverse applications.

Core Business: Caprolactone Biopolymers

Capa® Product Family:

  • Industry-leading caprolactone-based thermoplastics
  • 40 years of innovation and market presence
  • Fully biodegradable polymers from renewable and recycled feedstocks
  • Performance-matched to conventional plastics
  • Multiple certifications for biodegradability

Product Variants:

  • Capa™ Grade Series: Various viscosity and performance grades
  • Custom Formulations: Tailored polymer blends for specific applications
  • Specialty Compounds: Blends with enhanced properties

Market Applications

Flexible Packaging:

  • Bags and pouches (biodegradable alternatives)
  • Food packaging films
  • Sustainable film solutions
  • Protective wrapping materials

Rigid Packaging:

  • Food service containers
  • Rigid plastic packaging
  • Molded components
  • Durable consumer packaging

Coatings & Adhesives:

  • Paper coatings (water-resistant, biodegradable)
  • Hot-melt adhesives
  • Coating formulations
  • Industrial adhesives

Personal Care & Specialty:

  • Cosmetic and personal care applications
  • Specialty compound formulations
  • High-performance applications

Biodegradability Certifications

Global Recognition:

  • Biodegradable Plastics Institute (BPI) certified
  • Japanese Bioplastics Association certified
  • TÜV Austria OK compost HOME (home compostable)
  • TÜV Austria OK compost INDUSTRIAL (industrial compostable)
  • TÜV Austria OK biodegradable SOIL (soil biodegradable)
  • TÜV Austria OK biodegradable MARINE (marine biodegradable)
  • TÜV Austria OK biodegradable WATER (freshwater biodegradable)

Certification Scope:

  • Complete biodegradation in multiple environments
  • Meeting strict international standards
  • Food-contact compliant grades
  • Certified sustainable sourcing

Strategic Distribution & Partnerships

Capa® Distribution Network (2025+):

  • Expanded U.S. and Canadian distributor network
  • Partnership with Ultrapolymers Group for European sales
  • Growing global availability
  • Technical support for converters and manufacturers

Market Position:

  • World’s leading caprolactone technology provider
  • 40 years of continuous innovation
  • Trusted by major packaging and consumer goods brands
  • Technical expertise supporting customer applications

Business Segments

Advanced Polymer Technologies:

  • Caprolactone and biopolymer focus
  • Strategic alternatives exploration (under review 2025+)

Performance Materials:

  • Specialty additives and compounds
  • Industrial applications

Performance Chemicals:

  • Specialty chemical products
  • Road markings materials

Sustainability Focus

Ingevity supports:

  • Circular Economy: Fully biodegradable polymer alternatives
  • Performance Parity: Maintaining functionality while being sustainable
  • Multiple End-of-Life Options: Composting (home/industrial), soil biodegradation, marine biodegradation
  • Carbon Reduction: Biopolymers vs. fossil fuel-derived plastics
  • Regulatory Compliance: Meeting global single-use plastic bans and mandates

Investor Profile

Public Company:

  • NASDAQ listed (NGVT)
  • Global operations across 31 countries
  • 2,050+ employees
  • Diversified specialty materials portfolio

Future Direction:

  • Exploring strategic alternatives for Advanced Polymer Technologies segment
  • Evaluating portfolio optimization
  • Focus on high-growth sustainable materials markets

Last updated: February 27, 2026

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