FENC expands recycled polyester capacity
09/05/2024
FENC has inaugurated a plant in Kansai, Japan, complementing its existing Kanto facility.
The launch of a Vietnamese recycling plant in the second half of this year “not only contributes to local recycling infrastructure but also advances Vietnam's circular economy agenda”, said FENC.
In Malacca, Malaysia, FENC broke ground on an expansion project for its recycled polyester factory. Scheduled for production by the end of 2025, will create a fully integrated upstream-downstream operation with the existing bottle manufacturing plant.
FENC's US plant completed its capacity expansion in the first half of 2024.
FENC employs more than 30,000. In 2023 it had revenues of $8.3 billion.
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