Initial indications from Far Eastern New Century Corp. (FENC) show the ColorDry process is both more efficient and more consistent than traditional, resource-intensive dyeing methods. “Compared to traditional dyeing methods, the ColorDry process reduces dyeing time by 40%, energy use by around 60% and the required factory footprint by a quarter. It’s also the most saturated, intense and consistent color we’ve seen,” said Mr Kuenlin Ho, Exec. Vice President at FENC.The dyehouse opening and technology demonstration was attended by NIKE, Inc., FENC and DyeCoo executives along with other NIKE, Inc. vendors and members of the Taiwanese Government, who also heard that Netherlands-based DyeCoo will soon open an office in Taiwan to service increasing demand for its technology.
Dyed Fabric Emerges From The ColorDry Dye Vessel. (Photo: Business Wire)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts