#Recycling / Circular Economy

2020-10-01

Carbios to move facilities to a Michelin site in Clermont-Ferrand, France

Carbios, (Euronext Growth Paris: ALCRB) a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced today the regrouping of its teams on a single site belonging to Michelin. They will be located near Carbios’ Clermont-Ferrand, France, headquarters.

Move will bring Carbios’ four teams together for greater operational efficiency

The facilities made available to Carbios will accommodate all of the Company’s activities, currently spread over several locations. In particular, they will include the development laboratory, the pilot facility and demonstration plant of Carbios’ enzymatic recycling technology for PET plastics and fibers. This move will support Carbios’ corporate and operational synergies to advance project development and ensure technological and economic optimization.

This strategic decision reinforces Carbios’ ambitions to position itself as the world leader in biological technologies for the end of life of plastics and synthetic fibers. The quality of the new infrastructure will enable Carbios to improve the risk profile associated with the industrial demonstration phase while controlling costs and deadlines. The operational teams, now grouped on the same site, will benefit from an optimal environment to successfully industrialize Carbios’ technology.

Carbios’ demonstration plant, initially planned in Saint-Fons (Rhône, France) and now integrated on the new site, will be operational in September 2021 versus June 2021[1]. This decision supports Carbios’ ambition to grant its first enzymatic recycling technology license by 2023 and provide a better integration of the Company’s current and future partners.

This move underlines Michelin’s support for Carbios’ technological solutions, following its participation in the Carbios’ recent, successful capital increase.

Jean-Claude Lumaret, Carbios’ Chief Executive Officer, noted, “This is a real opportunity for Carbios to reinforce the cooperation between its teams and promote the consistency of all its activities in an innovative environment. This collaboration, with a world-renowned company such as Michelin, highlights the attractiveness of our technology and allows Carbios to benefit from a unique and rich ecosystem to continue its industrialization phase.”

[1] Cf. Press release June 29th, 2020

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.

CARBIOS presents its 2025 half-year results and confirms its objective to build a PET biorecycling plant, with a revised timeline

CARBIOS (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies aimed at reinventing the lifecycle of plastics and textiles, today announces its 2025 half-year results and confirms its objective to build a PET biorecycling plant in Longlaville, with a revised timeline.

CARBIOS enters the r-PET market for tire textile filaments

CARBIOS (Euronext Growth Paris: ALCRB) announces the signing of a multi-year commercial agreement with Indorama Ventures, the global leader in PET production. This agreement covers the supply of biorecycled monomers from its Longlaville plant, which will be transformed into r-PET filaments by Indorama Ventures and then integrated by Michelin into the manufacturing of its tires.

How innovations drive BASF’s success

“Innovation has always been part of BASF’s DNA. Especially in these volatile times, it is crucial to leverage our innovative strength to develop competitive solutions that differentiate us as a company in our markets and give us a competitive edge,” said Dr. Stephan Kothrade, Member of the Board of Executive Directors of BASF and Chief Technology Officer, at the company’s Research Press Briefing held today. To achieve this, BASF implemented its “Winning Ways” strategy about a year ago with the clear goal of becoming the preferred chemical company to enable its customers’ green transformation.

Happy Holidays!

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