Far Eastern New Century

Far Eastern New Century Corporation manufactures and sells polyester materials and textiles in Taiwan, China, and internationally. It operates through manufacturing, telecommunication, real estate investment development, and investment segments. The company engages in petrochemical business, providing essential raw materials for polyester and fibers; polyester business, including solid state polymer, partially oriented yarn (POY) and draw textured yarn (DTY); stable fibers for hygiene, automotive, home textiles, and industrial sectors; and spun yarns, tech textiles, fabrics, and apparel such as yogawear, casualwear, outerwear, and sportswear. It also develops, leases, and manages real estate. In addition, the company engages in cement and building materials, construction, transportation, polyester materials, retail, and telecom and technology. The company was founded in 1942 and is based in Taipei, Taiwan.