Far Eastern New Century Empowering Possibilities & Sustainability by its Latest Recycling Technologies at TITAS

TAIPEI, Oct. 31, 2024 /PRNewswire/ -- Far Eastern New Century Corporation (FENC), a global leader in advancing sustainability and innovation in green materials, showcased its latest recycling technologies and product solutions under the theme "Empowering Possibilities & Sustainability" at the Taipei Innovative Textile Application Show (TITAS), held from October 15 to 17, 2024. This year's TITAS featured a total of 385 suppliers from 11 countries in attendance, drawing approximately 31,500 buyers to the event.

FENC's groundbreaking products, the FENC®ThermalSync ZoneTech and the FENC®TOPGREEN®Bio3, were recognized as winners of the prestigious iF DESIGN AWARD 2024. Chosen from among 10,807 submissions across 72 countries, these products have emerged as standout innovations, making FENC the sole iF award-winning supplier of environmentally friendly functional knitwear. FENC® TOPGREEN®Bio3 PET represents a revolutionary approach to sustainability. This innovative material combines carbon capture technology with biotechnology, transforming industrial waste gases into low-carbon polyester. In 2024, the Bio3 PET was selected as the material for the Chinese Taipei team's uniforms at the Paris Olympics opening ceremony.

FENC's innovative TOPGREEN®rTEX recycling process, launching its production in 2024, offers an effective solution for processing waste fabrics and meets increasing customer demand. By utilizing FENC cutting-edge e-Sorting technology and in-house recycling processes, this system substantially reduces greenhouse gas emissions during production and efficiently converts textile waste into high-quality filament. At this critical juncture for the global industry, FENC is poised to lead the transformation toward a circular economy in the textile sector.

For the Paris Olympics, FENC's high-performance 100% recycled fabrics were selected for a variety of national team jerseys. These include basketball training jerseys and vests for nine national teams, polo shirts for 14 football teams, runner uniforms for the British team, handball player uniforms for the French team, and boxer shorts for the Cuban team, which were all sponsored by international sports giants like Nike, Adidas, Decathlon, and PUMA.

FENC's commitment to sustainability doesn't stop at the Olympics. Its green innovations have also made waves in other major sports events this year including the 2024 Australian Open, the UEFA Euro 2024 Spanish team, the UEFA Champions League-winning Real Madrid, the America's Cup-winning Argentine team, and the 2024 FA Cup Winners Manchester United.

To promote circular economy in the footwear industry, FENC has replaced complex components like PU and EVA with polyester materials for all parts of the shoes. This includes polyester elastic fibers, leather, and hot melt adhesives made from recycled PET bottles, offering high durability and recyclability, contributing to the goal of fully recyclable shoes in the future.

About Far Eastern New Century (FENC)

FENC was established in 1949. It is an international company, based in Taiwan, operating in USA, Japan, Mainland China, Vietnam, Malaysia, Philippines and many other countries/regions. FENC is the only polyester supplier in the world vertically integrated to offer a product spectrum spanning from raw materials to consumer products. To learn more about FENC please visit http://www.fenc.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Far Eastern New Century Empowering Possibilities & Sustainability by its Latest Recycling Technologies at TITAS

XI'AN, China, April 17, 2025 /PRNewswire/ -- LONGi has announced the retention of its AAA rating in PV-Tech's Q1 2025 PV ModuleTech bankability ratings, marking the company's 21st consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi's consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

Since the launch of the new-generation BC products based on HPBC 2.0 in May 2024, LONGi has been winning large orders globally.

At the beginning of April, LONGi signed a 226MW Hi-MO 9 module supply agreement in Greece, which marks the largest BC utility project in Europe.

At the end of March, LONGi signed a Hi-MO X10 module supply framework agreement with a total capacity of 555MW with multiple EPC companies at the South Africa International Photovoltaic and Energy Storage Exhibition. The high-power generation per unit area and anti-shading features of the products have been highly recognized by African customers.

By the end of the first quarter of 2025, the global shipments of BC modules had exceeded 30GW, and the scale of reserved orders had exceeded 40GW.

With technological innovation as its mission, LONGi has been constantly improving the R&D of conversion efficiency in the crystalline silicon and crystalline silicon-perovskite tandem tracks. Up to now, it still holds the world records in these two major tracks.

On April 11th, LONGi announced at its Wuhu base in Anhui Province, China: Through the authoritative certification of the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the photoelectric conversion efficiency of its independently developed Hybrid Interdigitated-Back-Contact (HIBC) crystalline silicon solar cell has reached 27.81%, pushing the exploration of the limits of monocrystalline silicon photovoltaic cells to a new height.

At the same time, LONGi independently developed a two-terminal crystalline silicon-perovskite tandem solar cell that has achieved a conversion efficiency of 34.85%, certified by the U.S. National Renewable Energy Laboratory (NREL), once again breaking the world record for crystalline silicon-perovskite tandem cell efficiency.

The 21 consecutive AAA ratings are not only a strong testament to LONGi's reliability but also a footnote to LONGi's consistent commitment to product quality, stable operation, and long-termism. In the future, LONGi will continue to enhance its technological strength and risk-resistance capabilities, and work hand in hand with global partners to create a better future.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings