CARBIOS: appointment of Ian HUDSON as Chairman of the Board of Directors

Clermont-Ferrand, France, December 14, 2018 (06:00 p.m. CET)CARBIOS (Euronext Growth Paris: ALCRB), pioneer company in the field of bioplastics, announces today  the appointment of Ian HUDSON as Chairman of CARBIOS’ Board of Directors.

Ian HUDSON succeeds Jean FALGOUX as Chairman of CARBIOS’ Board of Directors and will take on his new position on January 1, 2019.

After serving for three years as Chairman, Jean FALGOUX will continue his work with CARBIOS as a member of the Board of Directors.

Ian HUDSON declares: “On behalf of all Board members, I would like to thank Jean FALGOUX for his strong commitment in CARBIOS’ development, demonstrating that innovation is the fundamental driver of a real transition to a plastics circular economy.  In my new role as Chairman, I will take on actions for the international expansion of CARBIOS’ innovations and the development of strategic partnerships. 

Jean-Claude LUMARET, CEO of CARBIOS adds:With the support of Ian HUDSON and all the Board members, we aim to scale-up our industrial processes to enable global companies to take a major step towards a New Plastics Economy, 100% recyclable or biodegradable. I would also like to thank Jean FALGOUX for allowing CARBIOS to overcome decisive challenges in the development of its bioprocesses. His invaluable support and expertise have greatly contributed to these advances.”

Ian HUDSON is a member of CARBIOS’ Board of Directors since 2016.

Ian HUDSON, aged 61, started his career with ICI, a former UK based multinational in chemicals and related sectors. In 1998, he joined DuPont de Nemours and held during a period of 17 years, several leading positions within the Company. He retired from the company in 2016 after serving 10 years as President Europe Middle East & Africa. He served as a member of the Executive Committee and Board of CEFIC and of EuropaBio. He was also a member of the Foundation Board of IMD and a member of the Swiss-American Chamber of Commerce. Ian HUDSON graduated from Oxford University with an MA degree in French and German.

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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