Far Eastern New Century aims for zero waste and low carbon emission through circular economy

Far Eastern New Century Corporation

PR98365

 

TAIPEI,Oct.19,2022/PRNewswire=KYODO JBN/--

 

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

 

Image Attachments Links:

 

   Link: http://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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