Far Eastern Polytex Vietnam (FEPV) is a subsidiary of the esteemed Far Eastern New Century Corporation (FENC), one of the world’s largest producers of food-grade rPET and recycled ocean polyester filaments.

It is the corporation’s mission to make environmental sustainability a reality. It was ahead of its peers when its journey in the circular economy began. As the founder of the first PET bottle recycling plant in Taiwan (China), the corporation continually upgrades its recycling technologies, upcycling waste materials and turning them into a wide array of high-quality rPET applications, including food and non-food packaging, functional apparel, shoe materials, home goods, and automotive materials.

To further solidify its leading status and institute green transformation within the polyester industry, FENC has launched multiple projects to expand its recycling and re-manufacturing capacity at existing production sites in Taiwan (China), Japan, and the US, and in nearly-completed rPET plants in Vietnam, Malaysia, and the Philippines, driving green momentum throughout the world.

As a part of its journey towards sustainability, FEPV recycles PET bottles from AEON Mall’s retail locations and turns them into rPET as materials for new products. This partnership marks the first rPET closed-loop project in Vietnam and expands FENC’s sustainable blueprint into the country, drawing attention for more future collaboration. Its ECO Event in 2024 was remarkable for a “greener life” through the exchange of waste for valuable gifts, offering consumers more ideas on how waste PET bottles can have another life via recycling activities.

The ECO Event in AEON Malls, to take place around Vietnam from May 25 to June 5 this year, will bring this idea one step closer to consumers and the younger generation. In particular, the ECO CONTEST 2024 will also be held, for students aged 11-13, at three AEON Malls in the south of Vietnam, with the theme “The Green Generation - Acts for the Environment”.