CARBIOS awarded a Solar Impulse “Efficient Solution” label

  • CARBIOS infinite plastic recycling technology is among the first labelled innovations to join the 1 000 sustainable and competitive solutions sought by the Solar Impulse Foundation
  • Label recognizes solutions that protect the environment in a profitable way

 

Clermont-Ferrand, France, June 3, 2019 (06:45 AM CEST)CARBIOS (Euronext Growth Paris: ALCRB), a company pioneering new, bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced today it is honored to receive the Solar Impulse Efficient Solution” Label[1] recognizing it’s infinite plastic recycling technology. The Solar Impulse Foundation aims to select and promote worldwide 1 000 economically profitable solutions to protect the environment. This label is awarded to innovations that combine technical feasibility criteria, positive social and environmental impact and economic profitability.

As member of the World Alliance for Efficient Solutions, CARBIOS has submitted for labeling its enzymatic recycling technology which allows a circular economy of plastics. Since its creation, CARBIOS is dedicated to leveraging technology that benefits society and the environment. This label serves as recognition for work addressing global environmental problems, improving sustainable energy use, lowering carbon pollution, and helping achieve the United Nations’ Sustainable Development Goals[2]. Products, services, clean technologies and processes that receive this label have demonstrated profitability potential and sustained economic growth, while protecting the environment and optimizing the use of natural resources.

While typical recycling methods used today only allow certain plastics a second life, CARBIOS has developed an innovative approach that allows for an endless loop of recyclability for PET-based plastics. Moreover, CARBIOS’ technology is removing the need to use fossil resources to create virgin plastic. Based on the use of highly specific enzymes, this technology breaks down PET plastic waste into its original building blocks, which can be used to produce high-quality PET plastic. By creating a circular economy from used plastics and fibers, CARBIOS’ infinite recycling technology brings a sustainable and eco-friendly solution that paves the way for 100% recycled PET content in new products.

Jean-Claude Lumaret, CEO of CARBIOS, comments, “We would like to thank the Solar Impulse Foundation for awarding our infinite plastic recycling technology its Efficient Solutions” Label.  This innovation has made it possible, for the first time, for all types of PET plastics and polyester fibers to be recycled repeatedly. This label recognizes CARBIOS’ technology as a sustainable and competitive solution for companies seeking to engage a responsible transition towards a circular economy. 

Follow the link to discover more in video: Here  

[1] Carbios solution’s assessment was completed in February 2019 by independent non-remunerated experts selected by the Solar Impulse Foundation and the compliance audits were completed in May 2019

[2] https://www.un.org/sustainabledevelopment/sustainable-development-goals/

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 innovations, which are a world first, optimize the performance and lifecycle of plastics and textiles by exploiting the properties of highly specific enzymes.

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 Ingrédients and the SPI investment fund run by Bpifrance. This company, in which CARBIOS holds a controlling share, will market the first technology licensed by CARBIOS by producing an enzymatic additive making PLA-based plastics (films, bags, packaging) fully compostable in domestic conditions.

Since its creation, 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

Media Relations (Europe)
Tilder
Marie-Virginie Klein
mv.klein@tilder.com
+33 (0)1 44 14 99 96

Media Relations (U.S.)
Rooney Partners

Kate L. Barrette
kbarrette@rooneyco.com
+1 212 223 0561

Go to top