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FE Green PET, a subsidiary of Far Eastern New Century Group, secured RM150 million (US$35.5 million) in green financing from HSBC Malaysia to expand its recycled PET resin production plant in Melaka, Malaysia. The plant will produce 50,000 metric tons of rPET annually.
“Malaysia is not only a key hub for our ASEAN operations but also represents our long-term commitment to local development.”packaginginsights.com
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