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PET is short for polyethylene terephthalate, which is the chemical name for polyester. It is made out of ethylene glycol and terephthalic acid, or out of diethylene glycol and dimethyl terephthalate. Both processes are used, and the biggest advantage of using pure terephthalic acid in the process is it doesn't liberate methanol in the reaction.

Virgin resin is new resin, as opposed to recycled resin from Coke bottles or plastic bags.

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