Bioplastics PEF (polyethylene furanoate) is an alternate to PET and bio-PET for soft drink bottles, offering enhanced functionalities.
Biobased PEF (polyethylene furanoate), the new feedstock for soft drink bottles is not only green, but also cheaper to produce than both fossil and drop-in green PET (polyethylene terephthalate). It also has better properties. Continue reading BOTTLES FROM FURFURAL→
According to a market study published by European Bioplastics on Dec 16, 2013, the Global Annual Production Capacity of Bioplastics is expected to grow from 1.4 Mn Tons in 2012 to 6.2 Mn Tons in 2017.
This is in fact still a minuscule fraction ( 0.5%) of the total production of plastics in the world amounting to approximately 300 million metric tons in 2012 absorbing 8-9 % of the total crude oil production ( 5% directly and 4% for the processing energy) .