Proserpine Central Sugar Mill, 1906 (Proserpine, Queensland, Australia)
via placeblip.com
The total operating cost (raw materials, utilities, fixed costs and depreciation costs) estimated to produce PEF was about $2,700/ton in Q2 2015.
However, bio-degradation of PET will result in breakdown products such as methane or (at best, if methane is recovered/converted to) CO2, the so called Greenhouse Gases, which in this case a derived from oil.
Why not from furfural? 1,4 butanediol, commonly known as BDO has been made in the past from furfural.
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