Bio Based Polyethylene Terephthalate (PET) Market Share

Bio Based Polyethylene Terephthalate Market Share

Global bio based PET market share is competitive with few industry players. Some companies operating in this industry are:

• Coca-Cola Company
• M&G Chemicals
• Danone
• Toyota Tsusho
• Plastipak holdings
• Toray Industries
• PepsiCo
• Teijssin Limited.
   

Companies including Gevo, Virent and Anellotech focuses in developing bio PTA to goal for 100% bio based polyethylene terephthalate production. Toyota made a ten-year contract with Brazilian company, Petrobras for around 380 bio ethanol gallons to certify accessibility of bio based MEG production at Greencol Taiwan subsidiary company. In December 2013, Renmatix and Gevo collaborated for conversion of cellulosic sugar into renewable chemicals including bio obtained MEG and bio based packaging ingredients.