As the world commits to net zero by 2050, FENC is stepping up the development of low-carbon and carbon-fixing materials to phase out existing products and accelerate the transition to zero emissions. In 2023, FENC synergized the resources within Far Eastern Group and leveraged the carbon capture technology provided by Oriental Union Chemical Corp. for the development of carbon-fixing CO₂-based dyeing and finishing auxiliaries. The Company also integrated its existing technology and equipment for polyester production to create the CO₂-based elastomer, NIPU (non-isocyanate polyurethane), as an alternative to TPU (thermoplastic polyurethane) in applications such as waterproof and breathable textile coating, shoe materials, artificial leather and automotive interiors. Carbon emissions from the production of CO₂-based NIPU are 43% to 66% less than those from TPU. It is carbon-fixing, recyclable and reusable, which contributes to environmental sustainability. Free from the toxic isocyanate and phosgene during production, it is a true innovative breakthrough.