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FENC Uncaps Major Success with Global Sustainable Expansion in Recycled Polyester
For over three decades, FENC has championed the circular economy. With agile production and sales strategies, it has secured regional supply chain advantages within the recycled polyester sector, fostering sustainable development across the industry landscape. In 2023, FENC earned widespread acclaim for its exemplary Environmental, Social, and Governance (ESG) performance, topping the Minderoo Foundation's global plastics circularity evaluation, ranking among the top 2.5% in the global chemical industry according to Sustainalytics' ESG risk ratings, and securing a spot in the top 5 of Taiwanese listed companies in FTSE Russell's ESG Ratings.
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. With over 30,000 employees, FENC is the only polyester supplier in the world vertically integrated to offer a product spectrum spanning from raw materials to consumer products. The company's 2023 consolidated revenues reached USD$8.3 billion with
USD$22 billion in total assets.
To learn more about FENC please visit http://www.fenc.com
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