Jean Falgoux, former President of Ajinomoto Eurolysine and former Vice-President of Ajinomoto Europe, is named to CARBIOS’ Board of Directors

CARBIOS (Alternext Paris : ALCRB), an innovative green chemistry company specializing in breakthrough technologies dedicated to a biological process for the recovery of plastic waste and a fully biological process for the production of bio-polymers, today announced that Jean Falgoux has joined the company’s Board of Directors.  Mr. Falgoux’s membership on CARBIOS’ Board was approved by the company’s shareholders at their annual general meeting on June 24th.

Mr. Falgoux is an Agricultural Engineer, and holds a degree in Advanced Studies in Statistics as well as a degree in Specialized Advanced Studies.  He developed his 40-year career in the life sciences.  Mr. Falgoux began his career in research and development at Rousselot, a leading European gelatin producer.  He then joined the pharmaceutical group Roussel Uclaf in a marketing role, going on to become Director of Business Development in the company’s US-based agro-veterinary affiliate, before leading the global animal health unit.  He later joined the Hoechst Roussel group in Germany where he was Vice President, and later held the role of Managing Director at HRvet GmbH. In 1997, he joined the Japanese group Ajinomoto, the world leader in biochemically-produced amino acids, where he was CEO and later President of Ajinomoto Eurolysine, while concurrently holding the title of Vice President of Ajinomoto Europe and Corporate Executive Officer of Ajinomoto Inc., as well as being an Executive Committee member of several of Ajinomoto’s European affiliates.

Jean-Claude Lumaret, CEO of CARBIOS, stated:  “We have a solid and highly qualified Board of Directors.  Jean Falgoux brings to our Board a very rich skill set in matters of governance, and a deep industrial expertise, particularly as it relates to fermentation.  We are very happy to welcome Jean Falgoux to our Board of Directors and are certain that his experience will greatly benefit CARBIOS.”

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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