29 Mar 2022 --- Braskem and Sojitz Corporation are partnering to bring renewable MEG technology to the market. MEG is the raw material used to produce PET, which has numerous applications and is an essential input in sectors such as textiles and packaging, especially beverage bottles. Currently, PET is produced mainly from fossil-based raw materials such as naphtha, gas or coal, and its global market stands at around US$25 billion. On the other hand, monopropylene glycol (MPG) is a product that has a wide range of applications, from unsaturated polyester resins (UPR), commonly used in the construction sector, to cosmetics.