Teijin Sets 2012 as the Target to Launch its Bio-derived PET Fiber
Teijin Fibers Limited, the core company of the Teijin Group's polyester fibers business, announced that it will begin the full-fledged production and marketing of new plant-based polyethylene terephthalate ( PET ) fiber as the world's first commercially produced bio-derived PET fiber, in April 2012. Named ECO CIRCLE PlantFiber, the new product, also available as a textile, will become Teijin Fibers' core biomaterial for applications ranging from apparel, car seats and interiors to personal hygiene products. Teijin Fibers expects to sell 30,000 tons of ECO CIRCLE PlantFiber products in the initial fiscal year ending in March 2013, and 70,000 tons by the third year of business. ECO CIRCLE PlantFiber is made roughly 30% from biofuels derived from biomass such as sugarcane. Conventional PET typically is made by polymerizing ethylene glycol (EG) and dimethyl terephthalate (DMT) or telephthalic acid (PTA), with EG accounting for roughly 30%. The EG contained in