Used plastic bottles best known for clogging the world’s oceans.
Resulted in surprisingly short supply, as consumer brands compete to meet recycling targets.
Spot prices for recycled PET flakes have plastic-bottle waste doubled in Europe.
Plastic bottles have been recycled into carpets and takeaway food cartons
Now clothing brands are also vying for them in fashion industry.
Has not figured out how to recycle plastic based garments such as polyester