CARBIOS: winner of the third edition of “L’Appel des 30!”

  • CARBIOS nominated for its project of implementation, at KEM ONE’s site in St-Fons (France), of an industrial demonstration plant for the enzymatic recycling of PET
  • A unique partnership initiative in Europe aiming to make of the French Chemical Valley (Lyon Region) a leading industrial and cleantech platform

 

Clermont-Ferrand, France, May 10, 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, is pleased to have been selected as a winner of this new edition of “L’Appel des 30!” for its implementation project, in the French Chemical Valley, of an industrial demonstration plant of its breakthrough technology dedicated to the enzymatic recycling of PET plastics and fibers.

Through this industrial demonstration, CARBIOS will enter a stage aiming to confirm the economic and technical performance of its proprietary innovation and enabling to define all the parameters required to grant first licenses by 2023.

CARBIOS therefore fully complies with the collective purpose of “L’Appel des 30!” for the transition of the existing ecosystem into disruptive industrial projects that are both profitable and beneficial for society and the environment.

“L’Appel des 30 !”: A unique initiative in Europe

Since 2014, the French Chemical Valley welcomes new activities for an economic renewal oriented towards Chemistry-Energy-Environment. This new edition of “L’Appel des 30!” aims to strengthen and accelerate the launch of a large industrial cleantech platform. To this end, public and private partners of this initiative help project leaders such as CARBIOS on regulatory, financial or technical engineering issues.

Jean-Claude LUMARET, CEO of CARBIOS comments: “The French Chemical Valley is a hub for innovation with all the facilities required to welcome the future industry of Green Chemistry. To that extend, we took part in this “Appel des 30!” and we plan to launch this summer the construction of our demonstration plant dedicated to the enzymatic recycling of PET. We are very happy that our project has been awarded for this new edition.

To learn more about CARBIOS enzymatic recycling technology, click  Here  

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

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