Asian Chemical Connections
The polyester market will soon feature renewable alternatives to petroleum-based paraxylene and purified terephthalic acid, as companies push for more R&D
The quest for 100% plant-based polyethylene terephthalate (PET) might be completed sooner than the 2020 time frame that US beverage companies such as Coca-Cola and PepsiCo initially estimated, since the development of bio-based purified terephthalic acid (PTA) continues to rise.
INSIGHT: Expect tough competition in downstream chems - HSBC
“An estimated 80% of the growth potential estimated by financial analysts for developed market players in emerging markets is under threat.”
VIDEO: ICIS Special Report on Turkish polymers