Carbios achieves a new key milestone in the development of its controlled biodegradation process for disposable soft plastics

Carbios (NYSE Alternext in Paris: ALCRB), an innovative green chemistry company specializing in breakthrough technologies dedicated to the recovery of plastic waste and the production of bio-polymers, took a new significant step forward in the development of its controlled biodegradation process for disposable soft plastics.

With its innovative process, Carbios obtained completely biodegradable plastic material in domestic conditions. This plastic material issued from an oil-based polymer and an enzyme has a controlled kinetic that loses 50% of its mass in 15 days and completely biodegrades in less than three months. This results underlines that the technology of Carbios is an effective industrial answer to address the legal evolutions to better control the end-of-life of disposable and short life plastics

With the support of its longtime partner VALAGRO, the co-owner, along with the CNRS (the French National Centre for Scientific Research), of the Patent Application WO 2013/093355 A1 called “Method for preparing a polymer/biological entities blend,” whose exclusive worldwide license was acquired by Carbios, the company will draw on this success and continue to develop its controlled biodegradation process for disposable soft plastics. At the end of 2013, Carbios managed to preserve catalytic activity of enzymes after adding them to plastic material and exposing them to temperatures as high as 338°F to its composition.

Today’s step forward allows Carbios to consider commercial applications on a global scale for this material, including in the agricultural sector, particularly for mulching films, and in the packaging industry, especially for disposable food, another strategic market targeted by the company.

“We are proud of this new breakthrough, which emphasizes the synergy between Carbios and our academic partners as well as the efficiency of our approach and which will bring us one step closer to an industrialized process. This significant advance shows that we can envision an expansion of Ségolène Royal’s amendment[1], without jeopardizing France’s environmental goals or the plastics industry’s ambitions,” concluded Jean-Claude Lumaret, CEO of Carbios.

[1] Promoted by Ségolène Royal, France’s Minister of Ecology, Sustainable Development and Energy, an amendment was recently added to the biodiversity bill currently under review by the French Parliament to ban from supermarkets single-use plastic bags that are not home compostable and not entirely or partially made of bio-based materials, beginning January 1st, 2016. While Carbios supports this new measure, which is consistent with its strategy, the company would like the amendment to adopt a more holistic approach and expand its aim to include all types of biodegradable plastic materials, and not just bio-based ones.

About CARBIOS

CARBIOS is a green chemistry company whose innovations are designed to meet environmental and sustainable development issues faced by global industrial players. Since its creation in 2011, CARBIOS has developed two industrial bioprocesses dedicated to the biodegradation and the biorecycling of polymers. These breakthrough innovations, which are a worldwide premiere, leverage the highly specific properties of enzymes to optimize the performances and the life cycle of plastic and textile materials. CARBIOS’ economic development model is based on the industrialization and commercialization of its products, enzymes, technologies, and bioprocesses via the concession of licenses, directly or via joint ventures to major industrial players in the sectors that can make use of the Company’s innovative technologies. For instance, CARBIOS created in September 2016, the joint-venture CARBIOLICE, in partnership with Limagrain Céréales Ingrédients and the SPI investment fund run by Bpifrance. This company, controlled by CARBIOS, will operate the first patented enzymatic biodegradation technology licensed by CARBIOS by producing enzymated pellets to be used for the production of a new generation of bio-sourced and biodegradable plastics. Since inception, CARBIOS benefits from the financial support of the leading European venture capital firm Truffle Capital. CARBIOS was granted the label “Young Innovative Company” by Bpifrance (former OSEO) and is eligible for investments by private equity mutual funds (FCPIs).

For more information, please visit: www.carbios.fr

CARBIOS is eligible for the PEA-PME, a government program allowing French residents investing in SMEs to benefit from income tax rebates.

Investor relations & press


CARBIOS
Benjamin Audebert
Investor Relations
+33 (0)4 73 86 51 76
contact@carbios.fr

ALIZE RP
Caroline Carmagnol / Wendy Rigal
Press Relations
+33 (0)1 44 54 36 66 / +33 (0)6 48 82 18 94
carbios@alizerp.com

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