Bio-based Replacements for PET
Bio-based drop-in and novel materials to replace petrochemical-based PET, including bio-PET, PEF, and PTF.
LUX TAKE:
Beverage companies like The Coca-Cola Company have driven the development of 100% bio-based bottles since 2009 after substantial press for the company's 30% bio-based bottle (from bio-based MEG). This space has attracted many startups and major companies enticed by the potential to disrupt the multibillion-dollar beverage bottle market. Drop-in replacements have been slow to achieve cost parity ...