FENC plans recycled PET plant in Japan

17/05/2021
Far Eastern Ishizuka Green PET Corporation (FIGP), a subsidiary of textiles giant Far Eastern New Century Corporation (FENC), is to build a recycled PET plant with an annual capacity of 100,000 tons in Himeji-shi, Japan. 

FENC is one of the world’s largest producers of recycled PET and said it is in line with the trend of sustainable development, as well as the green commitments of brands. 

In 2012, FENC and Ishizuka Glass formed a joint venture, FIGP, in Ibaraki Prefecture. Its first recycled PET production line started its commercial run in 2014, and with its newly finished second production line, has an annual capacity 90,000 tons.