The year 1988 marks the beginning of FENC’s recycling vision when it built the first PET bottle recycling plant in Taiwan. Since then, the Company has grown from the manufacturer of basic products to that of high-value ones such as food-grade packaging, functional apparel and tire applications. In May 2022, Taiwan Food and Drug Administration of the Ministry of Health and Welfare (TFDA) issued the review criteria for using recycled PET in food contact packaging, which is modeled after the European and U.S. regulations, and stipulates that recycled PET from food containers that has repalletized after washing, crushing, melting and decontaminating may be used for food contact packaging with approval.

In December 2022, FENC became the first corporation to receive the Letter of Non-Objection from TFDA for using post-consumer recycled PET in food-contact packaging. In March 2023, Coca-Cola Taiwan released the label-less bottled water, bonaqua. The product is sold in the first rPET food container produced in Taiwan using the rPET supplied by FENC. With this, the Company has provided the general consumers in Taiwan wider access to green products, bringing them closer to the circular economy.