So I have been slightly immersing myself in the petrochemicals market here at the American Fuels and Petrochemicals Manufacturers (AFPM)’ International Petrochemicals Conference (IPC), and with the help of my Tecnon OrbiChem colleagues, I’ve been hearing the water bottle market has really been growing faster than GDP growth especially here in North America. This made PET demand very attractive but then there were also this new projects on PET, MEG production coming into North America that will make the polyester landscape very interesting for the next two years.

Here is a video I took featuring our polyester expert, Darrel Collier, on a brief current market overview of the polyester industry. Of course, I will talk about the bio-PET situation (including glycols, PTA/PX and FDCA/PEF) on this month’s Tecnon OrbiChem Bio-Materials report.