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, a green chemistry company, develops biological and innovative processes to revolutionize the end of life of plastics and textiles. Through its unique approach of combining enzymes and plastics, Carbios aims to address new consumer expectations and the challenges of a broader energy transition by taking up a major challenge of our time: plastic and textile pollution.

Established in 2011 by Truffle Capital, the mission of Carbios is to provide an industrial solution to the recycling of PET plastics and textiles (the dominant polymer in bottles, trays, textiles made of polyester). The enzymatic recycling technology developed by Carbios deconstructs any type of PET plastic waste into its basic components which can then be reused to produce new PET plastics of a quality equivalent to virgin ones. This PET innovation, the first of its kind in the world, was recently recognized in a scientific paper published in the prestigious journal Nature. Additionally, Carbios is working hand in hand with multinational brands — like L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe — to implement its technology, and to lead the transition toward a truly circular economy.

The Company has also developed an enzymatic biodegradation technology for PLA (a bio sourced polymer) based single use plastics. This technology can create a new generation of plastics that are 100% compostable in domestic conditions, integrating enzymes at the heart of the plastic product. This disruptive innovation has been licensed to Carbiolice, a joint venture created in 2016, in which Carbios now holds a majority stake alongside the SPI fund operated by Bpifrance.

For more information, please visit https://carbios.fr/en/

Twitter: Carbios  Linkedin: Carbios  Instagram : carbioshq

Carbios benefits from the qualification “Innovative Company” of Bpifrance allowing the eligibility of the Company’s securities for the investment of Mutual Funds Placement in Innovation (FCPI). For more information, please visit: www.carbios.fr

Carbios (ISIN FR0011648716/ALCRB) 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/Corporate Communications
+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

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