Far eastern New Century Corporation constructs a sustainable cycle life circle

        Far eastern New Century Corporation is a global leading enterprise in recycling polyester. It has been deeply involved in the recycling economy for many years and has created new value for discarded PET bottles. After more than a year of efforts, Far Eastern Group, together with Taiwan's uni president supermarket 7-Eleven and Tong Yi packaging, has exclusively promoted the "recycled economy" resource recycling machine in the North District. The recycling machine is set up in the 7-Eleven store by Tongyi packaging to recycle the waste PET bottles used by the public, and then, through the new exclusive technology of Far Eastern Group, they are sorted, cleaned, decontaminated and tacked, and extracted into environmental yarn to make environmental uniforms and other goods (about 14-15 PET bottles can be made into a 7-Eleven store uniform), so as to build a sustainable green and sustainable ecosystem.

        In May, the Ministry of health and welfare informed in a letter that "the process of application for the suitability of pet recycled ester granule raw materials for food container and packaging manufacturing" would refer to the diverse applications of advanced countries such as the European Union, the United States and Japan, conform to the international recycled economy trend, and manage raw materials. In the future, there will be opportunities to open up the application of pet recycled ester granule raw materials for food contact packaging materials, such as PET bottles Salad boxes... When they return to supermarket sales, build a green supply chain, and complete the recycling of 100% pet bottles.

        Far eastern New Century Corporation is the world's top three food grade recycled PET manufacturers. It is also the only food grade recycled PET supplier in Taiwan recognized by international beverage brands. The production bases of recycled polyester cover Taiwan, Japan, the United States, and Vietnam's sustainable environmental protection plant, which is about to be completed. Far Eastern Group's new food grade recycled PET exclusively supplies the international water brand Fiji water, and is the designated material for famous brands such as Coca Cola, PepsiCo, Suntory, Asahi, etc. in the world. It has been approved by FDA and EFSA of the United States, Japan, Canada and other countries that food grade recycled PET can be used as packaging materials for food contact.

        Far Eastern Group has actively participated in global carbon reduction activities. It has recycled more than 20 billion bottles in 2021 and then made them into high value-added environmentally-friendly recycled polyester pellets, reducing greenhouse gas emissions by 63% (about 580000 tons). It has set a target of reducing carbon emissions by 20% in 2025 and 40% in 2030. It is expected to achieve net zero emissions by 2050.

        In fact, as early as 2019, far eastern Ishizuka green pet Corporation, a new investment of Far Eastern Group in Japan, cooperated with 7-Eleven in Japan to recycle PET bottles in 350 stores in Tokyo, and made recycled PET bottles into food grade recycled PET, which was supplied to Coca Cola bottle factories in Japan for filling drinks, and then put on shelves in 7-Eleven stores, achieving a "100% pet close loop cycle". In the future, Far Eastern Group will continue to work with partners to build the close loop circulation system of treasure bottles and promote the circulation of green economy.

        #