(JCN Network) -- Teijin Fibers Ltd will begin full-fledged production and marketing of new plant-based polyethylene terephthalate (PET) fiber - said to be the world's first commercially produced bio-derived PET fiber - in April 2012.
Also available as a textile, the ECO CIRCLE PlantFiber 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.
Teijin Fibers' ECO CIRCLE PlantFiber is made roughly 30 percent from biofuels derived from biomass such as sugarcane.