FENC’s chief operating officer to retire

11/12/2019
Polyester manufacturer Far Eastern New Century (FENC) has announced that its chief operating officer will retire on January 2, 2020.

C.Y. Dai will be replaced by B.C. Chang, the company’s general plant manager and senior vice-president of the polyester business.

FENC one of the leading PET recyclers in Asia. 

It has worked with adidas to supply plastic for its Parley for the Oceans collection and this summer bought US-based PET recycler Phoenix Technologies International for $10 million.