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 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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