CARBIOS: New patents granted in Europe and Japan

  • On heels of US patent, the European and Japanese grants significantly enhance the global protection of CARBIOS’ infinite PET plastic waste recycling technology
  • CARBIOS holds 32 patent families worldwide, 13 of which are related to its biorecycling technology

Clermont-Ferrand, France, October 08, 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 the grant of new patents by the European Patent Office (EPO) and the Japanese Patent Office (JPO) for the company’s proprietary process of biorecycling polyethylene terephthalate (PET) plastic waste.

Jean-Claude Lumaret, CEO of CARBIOS comments: « After a first validation in the United States in early 2019, the grant of these patents strengthens our competitiveness in key markets and ensures the protection of our recycling technology until 2033. Amid this favorable trend, we continue to consolidate our IP portfolio in regions and countries where demand for our disruptive technology is strong. »

These European (EP 2,922,906 B1) and Japanese (JP 6449165) patents are a true acknowledgment of CARBIOS’ PET recycling innovation – a biotechnological process that enables, from a mixture of plastic waste, the depolymerization of PET into its original components (monomers). These monomers can then be reused to manufacture new, 100% recycled products such as bottles and packaging.

These patents, filed in November 2013, are the first delivered in Europe and Japan for this innovative method of recycling PET plastics. In addition, CARBIOS currently holds 127 titles worldwide representing 32 patent families, six of which protect the recycling process and seven related to PET-degrading enzymes.

The US, Europe and Japan represent a significant share of the overall PET market, accounting for 42% of global consumption (29.4 Mt) and 11% of production (7.9 Mt)[1]. These deliveries complement the open market opportunities CARBIOS sees globally and confirms the innovative nature of its research.

CARBIOS’ recycling technology opens the path to a truly circular economy in the treatment of post-consumer plastics and fibers. The Company recently achieved a world first by producing PET bottles from 100% recycled plastics. CARBIOS’ enzymatic approach, which runs at limited heat and at atmospheric pressure in water could significantly increase global plastic recycling rates.

[1] Source: IHS Markit in 2018, Transparency Market Research in 2015, Pira International in 2012 and CARBIOS’ estimation

About Carbios

Carbios is a green chemistry company whose innovations help address the environmental and sustainable development challenges facing manufacturers. Since its creation in 2011 by Truffle Capital, the Company has developed, through biotechnology, two industrial processes that revolutionize the biodegradation and recycling of polymers. These innovations, 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 and/or enzymes, technologies and bioprocesses through license concessions directly or through joint ventures to major industrial players or sectors concerned by the Company’s innovations. As such, Carbios created the joint venture Carbiolice in September 2016, in partnership with Limagrain Ingredients and the SPI fund operated by Bpifrance. This company, of which Carbios has majority control, will exploit the first technology licensed by Carbios by producing enzymatic granules for the production of biodegradable and biobased plastics.

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 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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