Leaders of Sustainable Packaging Coalition welcome French company CARBIOS as new member

Clermont-Ferrand, France, December 11, 2017 (06:45 AM CET) – CARBIOS (Euronext Growth Paris: ALCRB), pioneer company in the field of bioplasturgy, has joined the Sustainable Packaging Coalition (SPC). This international initiative brings together more than 200-member companies, government officials and academics to make packaging more sustainable.

Using a lifecycle-based approach, SPC members work together to strengthen and advance the business case for more sustainable packaging and encourage innovation that is good for people and the environment. The foundation of the Sustainable Packaging Coalition’s work is based on the principles of collaboration, education, and action. It aims to transform packaging into a system based on sustainable flow of materials and circular economy[1].

As a member of the SPC, CARBIOS will be able to network with organizations driving the sustainability in packaging in the United States and more globally across the entire value chain from brand owners to manufacturers, converters, collectors and recyclers, developing new strategic partnerships, exchanging information, and benefiting from broad perspectives on international trends and needs.

Jean-Claude LUMARET, CEO of CARBIOS comments: “Partnerships are essential if you want to reach the goal of improving packaging sustainability. Joining the SPC today will give us the opportunity to collaborate with industrial leaders involved in packaging and to whom we can bring a real additional value. Our enzyme-based innovations can greatly contribute to the development of circular economy and we are looking forward to working within the coalition to promote all sustainable initiatives enabling to better handle packaging life-cycle.”

[1] https://sustainablepackaging.org/

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.

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