Polyethylene terephthalate (aka PET, PETE or the obsolete PETP or PET-P) is a thermoplastic polymer resin of the polyester family. The chemical industry makes it. It is used in synthetic fibers; beverage, food and other liquid containers; thermoforming applications; and engineering resins often in combination with glass fiber. It is one of the most important raw materials used in man-made fibers. It is also used as the dielectric in multi-purpose capacitors (K73-16 series).