On November 14, 2013, renewable chemical company, Avantium, announced that it has demonstrated that polyethylene furanoate (PEF) can be used to make fibers, and that these PEF fibers from recycled PEF bottles have been processed into 100% biobased T-shirts. In Avantium's press release, the Company's CEO described the significance of this development: "These first PEF T-shirts are yet another important step in the development and commercialization of PEF as a 100% biobased and recyclable material… The production of the first biobased PEF T-shirts produced from recycled bottles, adds apparel and sportswear to the many potential outlets of PEF. With its reduced carbon footprint, and improved performance, PEF is truly the sustainable plastic material of the future." A copy of the press release is available online.