#Recycling / Circular Economy

2025-01-30

CARBIOS today launched a project to reorganize and reduce its workforce

CARBIOS, (Euronext Growth Paris : ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, has announced the initiation of a reorganisation project that could result in job cuts at CARBIOS and CARBIOS 54, potentially affecting approximately 40% of positions.

This project is part of the tightened control over spending previously announced on 19 December.

This reorganisation should contribute to enable CARBIOS to continue executing its technological, industrial and commercial strategy, as well as cautiously managing its solid cash position (€107m as of 31 December 2024) by reducing the Group's cash burn. CARBIOS is focussed towards achieving its objectives of signing its first commercial contracts during the first half of 2025 and towards securing financing to continue the construction of its first PET biorecycling plant in Longlaville.

The proposed reorganisation is among other things subject to an information-consultation procedure with the Social and Economic Committee (CSE).

A production line for CARBIOS Active is already up and running at CARBIOS headquarters in Clermont-Ferrand, France, which can produce 2,500 tons/year of CARBIOS Active (required for the equivalent of 50,000 tons/year of enzyme-embedded PLA). © 2025 CARBIOS

Carbios and Wankai postpone startup of China’s first PET biorecycling plant to 2028

The industrial deployment of enzymatic PET recycling in Asia is progressing, but at a slower pace than initially planned. French recycling technology company Carbios and its Chinese partner Wankai New Materials have announced that the commissioning of their planned PET biorecycling facility in Haining, Zhejiang Province, has been postponed and is now expected in the first half of 2028.

Carbios confirms Longlaville plant in France following financing progress

Carbios has reaffirmed its plans to build its Longlaville plant in France within a project financing framework, targeting the start of production in the first half of 2028. The company also reports a solid cash position of around €60 million at the end of 2025 and has appointed Benoît Grenot as Deputy Chief Executive Officer to support the execution of its strategic projects.

CARBIOS and Wankai sign strategic PET biorecycling pact

CARBIOS (Euronext Growth Paris: ALCRB) and Wankai New Materials (“Wankai”), a listed subsidiary of Zhink Group, the 3rd largest PET producer in China and 4th worldwide, announce the signing of the definitive agreement establishing a strategic partnership for the industrial rollout of CARBIOS’s PET biorecycling technology in Asia. The first milestone will be the construction of a PET biorecycling plant in China.

HKRITA signs MoU with Jeanologia and Looptworks to establish the Green Machine Circular Textile Ecosystem

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) yesterday officially signed a landmark Memorandum of Understanding (MoU) with two key global partners, Jeanologia and Looptworks, to establish the Green Machine Circular Textile Ecosystem – a first-of-its-kind collaboration to accelerate the large-scale recycling of blended textiles.

Object Carpet tests production of rPET BCF yarn on Neumag BCF line

In a joint project with Object Carpet GmbH, Denkendorf; the Institute for Textile Technology (ITA), Augsburg; and Next Generation Recyclingmaschinen GmbH (NGR), Feldkirchen, Austria, Barmag investigated the processing of recycled polyester for BCF yarn. The goal was to evaluate the fundamental suitability of 100% recycled carpet material for reuse in carpet yarn production to create a closed-loop system in carpet manufacturing. To date, commercial rPET BCF processes have been based solely on rPET from bottle pellets.

Albany International reports progress with Cyclezyme on industrial textile recycling project

Albany International Corp. (NYSE:AIN) reports continued progress in the ongoing project with Cyclezyme AB, a leader in advanced enzyme-based plastic recycling, based in Sweden. The project exemplifies leading edge innovation in materials science, focusing on the development of enzyme-based recycling of industrial textiles primarily consisting of polyester and polyamide, where there is currently a significant lack of effective solutions for circular material flows. The objective of the project is to establish enzymatic processes for depolymerization and recycling of technical textiles and high-performance industrial materials.

EDANA announces five new board members following 2026 Annual General Meeting

The EDANA Board of Governors is elected or re-elected at the Annual General Meeting by the member companies. The Governors are senior executives (business leaders) from member companies, based in different countries and representing different sectors of the nonwovens industry. The Board has central responsibility for guiding EDANA's overall strategy and approving its policies and priorities. It meets three times a year.

Cotton made in Africa partners receive top marks in independent verifications

Cotton made in Africa® (CmiA) and CmiA Organic are two internationally recognised standards that aim to promote sustainable development in the African cotton sector south of the Sahara. To ensure the standards’ credibility among brands, retailers, and consumers, independent verifiers evaluate compliance on the ground. The verification results for 2025, now published in the Aggregated Verification & Implementation Report, were very strong: The verifiers awarded consistently very good remarks regarding management, people, prosperity, and the environment.

Bangladesh: Italian textile machinery mission stops in Dhaka and Chittagong

Technological upgrading and the transition toward higher value-added production are driving the new Italian industrial mission to Bangladesh. This year, the mission will split between the country’s two main manufacturing hubs, where Italian manufacturers will meet the leaders of the local textile supply chain in two strategic stages: July 7th in Dhaka and July 9th in Chittagong.