The global biobased plastic polyethylene terephthalate (PET) market is expected to reach 5,800 kilo tons by 2020, up from 650 kilo tons in 2013, — for a CAGR of 40.9 percent from 2014 to 2020 — according to a study by Grand View Research. Volatile crude oil prices and growing sustainable packaging market have fueled […]
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