Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, October 19 2022 - 23:30
AsiaNet
Far Eastern New Century aims for zero waste and low carbon emission through circular economy
TAIPEI,Oct.19,2022/PRNewswire-AsiaNet/--

Far Eastern New Century Corporation (FENC), a global leader in sustainability, 
green materials innovation and design, presented new recycling technology and 
product solutions at Taipei Innovative Textile Application Show on October 
12-14, 2022.

FENC integrated multiple resources and environmentally friendly products from 
FENC vertical chain, developing high performance functional and sustainable 
fabrics for international brands. Not only satisfy the everyday wear of end 
consumers, FENC also had been a major supplier at global sporting events.

FENC(R) TOPGREEN(R) rTEX Spun Yarn, transforms the textile wastes from the 
factory floors into a sustainable 100% recycled polyester and 100% recycled 
cotton yarns without any chemical treatment.

FENC(R) TOPGREEN(R) rTEX Filament, it is essentially a fabric recycled 
polyester filament. The fabrics scraps and used clothes with go through a 
process of sorting, shredding, melting, pelletizing and spinning. This solution 
has been adopted by international brands and will be launched in sportswear 
category in 2023.

FENC(R) TOPGREEN(R) Bio3 PET utilizes LanzaTech CCU technology that transforms 
industrial waste gas into low carbon ethylene glycol, which then turn into 
brand new polyester. FENC(R) TOPGREEN(R) Bio3 solution was recognized by 
winning the ISPO Textrends Awards "Best Product" and International Textile 
Manufacturers Federation "Sustainability & Innovation Awards" in 2022, the 
world's first fabric made from waste gas reuse technology & N66 solution dye.

Since 2016, FENC has been partnering with adidas and Parley for the Oceans, 
turning waste PET bottles from the ocean into sneakers and sportswear. In 2022, 
sports jerseys made with recycled ocean plastic will debut at the FIFA World 
Cup. This collaboration was applied to nine national team kits, including 
Germany, Belgium, Spain, Argentina, Japan, Mexico, Wales, Colombia, Chile, and 
other national teams in the qualifying rounds. The strength of the fabric 
adheres strictly to bursting tests and actual strenuous wear test by the 
players bringing multiple benefits to enhanced performance.

Actions towards net-zero cannot wait, and FENC is answering the call to reach 
this global vision. With 2020 as the baseline, FENC's production business plans 
to reduce emissions by 20% by 2025, 40% by 2030 and commits to achieving net 
zero by 2050.

About Far Eastern New Century (FENC)

FENC was established in 1949. It is an international company, based in Taiwan, 
operating in USA, Japan, Mainland China, Vietnam, Malaysia, Philippines and 
many other countries/regions. FENC is the only polyester supplier in the world 
vertically integrated to offer a product spectrum spanning from raw materials 
to consumer products. The range of products and applications cover all facets 
in life, including PET bottles, food and non-food packaging, hygiene, 
automotive, and home textile as well as functional athletic apparels. The 
company's 2021 consolidated revenues reached USD$8.5 billion with USD$23 
billion in total assets. With over 30,000 employees, FENC is not only the top 3 
polyester producers in the world but also the world's largest producer of 
food-grade recycled PET and recycled polyester filament. Please visit 
www.fenc.com for more information.

Source: Far Eastern New Century Corporation

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   Link: https://iop.asianetnews.net/view-attachment?attach-id=431847

   Caption: Far Eastern New Century presented sustainable and innovative 
technologies at Taipei Innovative Textile Application Show (TITAS)

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