As consumer awareness of the plastic waste issue rises, brand names in the consumer beverage and food packaging markets like PepsiCo, Coca-Cola, and Unilever are demanding high-quality recycled plastic for their packaging needs in order to better align themselves with their customers' interests. The PET upcycling space can provide this high-quality recycled plastic as well as provide significant value to producers as a bolt-on technology that reduces the environmental footprint of resin production, but is only just beginning to scale up in the market.
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