Supplying SPVB with rPET, the Raw Material of Vietnam's First 100% rPET Soft Drink Bottle
FEPV has a long-term partnership with Suntory PepsiCo Vietnam Beverage (SPVB) and supplies PET for the production of beverage bottles. SPVB, a joint venture of Suntory and Pepsi, has started phasing into rPET for the production to reach its green goals. Since FENC’s rPET is certified by both Suntory and Pepsi, the Company became their first choice as the supplier. FENC integrated the resources from its production sites and supplied rPET from Taiwan. On April 14, 2022, SPVB launched the 330-milliliter Pepsi bottle, Vietnam’s first soft drink bottle made of 100% rPET. While this is a trend-setting move in the beverage packaging industry, FENC also successfully introduced sustainability into the consumer market.
The rPET production at FEPV is expected to begin in 2023 and the plant will form further collaborations with brand customers to localize the circular economic model.