Green Polyester Maker Tops ‘Plastic Waste Maker’ Index
Taiwan headquartered and ‘Green’ polyester fibre manufacturer, Far Eastern New Century Corporation (FENC), has bagged first place in the ‘Plastic Waste Maker Index 2023’ report, published by the Australian philanthropic organisation Minderoo Foundation in 2023.
“FENC stands out from 400 companies worldwide for its excellence in circularity performance and is committed to promoting a circular economy, by recycling more than 20 billion used PET bottles into new products every year,” FENC said in a press release.
FENC added that FENC has invested in the circular economy for over 30 years, using its core strengths to create various innovative recycling technologies, including applications for land, ocean and air waste recycling.
FENC has developed the FENC TopGreen ChemCycle, which uses a chemical process to recycle waste textiles, which are much more complex than waste PET bottles, and convert them into recycled PTA for use as polyester raw materials and then into new polyester products.
“Ocean recycled anti-bursting jerseys, which are made from ocean waste PET bottles, are the first of their kind in the world to be used in the 2022 World Cup football national team kits, with nine national teams already wearing them,” the company informed.
FENC, an international company based in Taiwan, was established in 1949 and operates in the US, Japan, China, Vietnam, Malaysia, and the Philippines as well as in many other countries and regions.
FENC is the only vertically integrated polyester supplier in the world to offer a product portfolio spanning the gamut from raw materials to consumer products.