Teijin Fibers Ltd will begin full-fledged production and marketing of new plant-based polyethylene terephthalate (PET) fiber in April 2012. This will be the world's first commercially produced bio-derived PET fiber. 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.
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