Honing Product Management
Conduct a product lifecycle assessment to understand the potential environmental impact of the product, and mitigate the product's impact on the environment through improvement measures.
FENC has a diverse product structure that caters to leading international brands in the food, household goods, apparel and automobile industries. With worldwide market distribution, FENC must supply quality and competitive products that are tailored to customers’ high standards while complying with local regulations. FENC believes there is always room for improvement, never ceasing to optimize production and product quality and seeking to strengthen product management by integrating digital technology.
Life Cycle Assessment
To assess the potential environmental impact of products made of different raw materials, FENC conducts product life cycle assessments based on the ISO 14040 and ISO 14044 standards or the guidelines of Product Environmental Footprint (PEF). Using systematic approaches, the assessment quantifies the environmental impact throughout a product’s life cycle, including the consumption of raw materials, energy and resources, as well as the GHG emissions. Multiple FENC products are included in the scope of the assessment. Among them are PTA, polyester filaments, recycled PET filaments, bio-PET filaments, dope dyed polyester filaments, low-melt bonding fiber and recycled low-melt bonding fiber and polyester tire cords. Following the cradle-to-gate approach, the assessment covers processes such as raw material extraction and production. For PET and rPET, the scope is expanded to include the point of delivery, encompassing a life cycle that stretches from raw materials to when the finished products reach the customers. According to the product life cycle assessment report, which was verified externally by TÜV Rheinland in 2017, environmental impacts of rPET and recycled polyester filaments sourced from recycled PET bottles are lower than those of their virgin counterparts.
In the future, the Company will gradually expand the product life cycle assessment process to more products and broaden the boundaries. A clear assessment of the scale and significance of potential environmental impacts from FENC products will help the Company tackle these impacts from product management, R&D and design.
Life Cycle Assessment
Business | Product | Boundary |
Petrochemical Business | PTA | Raw material acquisition, manufacturing |
Polyester | Solid state polymer: PET, rPET | Raw material acquisition, manufacturing, distribution |
Fiber: polyester filament, recycled PET filament, bio-PET filament, dope dyed polyester filament, low-melt bonding fiber and recycled low-melt bonding fiber | Raw material acquisition, manufacturing | |
Textile Business | Industrial fiber: polyester tire cord fabric | Raw material acquisition, manufacturing |
Product Quality and Safety Certification
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