CARBIOS Pursues Its Genuine Revolution in the Biorecycling of PET Based Plastics
July 19 2018 - 12:45AM
Business Wire
- Time of PET hydrolysis reduced by
one-third: 97% conversion in 16 hours
- Pilot-scale of PET hydrolysis now
carried out in a reactor of 1,000 liters
Regulatory News:
CARBIOS (Paris:ALCRB) (Euronext Growth Paris: ALCRB), pioneer
company in the field of bioplasturgy, announces new results in the
optimization of its biorecycling process of waste PET plastics. The
hydrolysis of PET plastics into their original building-blocks now
reaches a conversion rate of 97% in only 16 hours.
Last April, CARBIOS had already divided by three the time of PET
hydrolysis by achieving a conversion rate of 97% in 24 hours. These
new results confirm and strengthen the industrial competitiveness
of CARBIOS enzymatic biorecycling process for the transformation of
waste PET plastics into new virgin plastics.
At a time when the largest global players have shown a strong
commitment to incorporate up to 100% of postconsumer recycled
plastics in their products by 2025, CARBIOS is at the forefront of
meeting these ambitions and to engage a genuine revolution in the
lifecycle of plastic products. By pursuing the optimization of its
proprietary enzymes, with the teams of the Laboratory of Biological
Systems and Process Engineering (LISBP) and Toulouse White
Biotechnology (TWB), CARBIOS reaches a unprecedent conversion rate
in the enzymatic recycling of waste PET plastics. These results
come along with the PET hydrolysis scale-up at pilot stage, which
is now carried out in a reactor of 1,000 liters, in collaboration
with CRITT Bio-Industries.
Alain MARTY, Chief Scientific Officer of CARBIOS comments: "Our
solution will enable manufacturers to produce bottles and plastic
packaging made at 100% from postconsumer recycled plastics. It is a
real revolution that we are engaging with this biological pathway.
Enzyme performance optimization is our core business and our latest
generation of enzyme is even more active and thermostable. The
kinetics reached will allow us to take another important step by
developing a process with improved economic performance."
Martin STEPHAN, Deputy CEO of CARBIOS adds: "These developments
are notable improvements. They reinforce the attractiveness of our
technology in a market strongly in demand of eco-friendly
solutions. CARBIOS now has all the strengths it needs to become a
key player in the circular economy. We will be there to meet
brand-owners sustainability commitments."
About CARBIOS:
CARBIOS is a green chemistry company whose innovations provide
solutions to the environmental and sustainable development issues
that manufacturers currently face. Since its founding in 2011, the
company has developed two industrial-scale biological processes for
the biological breakdown and recycling of polymers. These unique
innovations help optimise the performance and life cycle of
plastics and textiles by capitalizing on the properties of
specially selected enzymes. CARBIOS’s economic growth model is
based on the industrial roll-out and sale of its products, enzymes,
technologies and biological processes through direct licence
agreements or joint ventures, to major players in the fields to
whom they would most benefit. To that end, CARBIOS founded the
joint venture CARIOLICE in 2016, in partnership with Limagrain
Céréales Ingrédients and the fund SPI, run by Bpifrance. This
company, in which CARBIOS holds a controlling share, will market
the first technology licensed by CARBIOS by producing enzyme
pellets used in the production of biodegradable and bio-sourced
plastics. Since its founding, CARBIOS has been backed by Truffle
Capital, a European investment capital player. CARBIOS qualifies as
an “Innovative Company” according to Bpifrance, which makes the
company’s shares eligible for inclusion in innovation-focused
mutual funds (FCPIs). For more information, please visit:
www.carbios.fr
CARBIOS is also eligible for inclusion in French SME share
savings accounts (PEA-PMEs).
This press release does not constitute and cannot be regarded as
constituting an offer to the public, an offer to sell or a
subscription offer or as a solicitation to solicit a buy or sell
order in any country.
Translation for information purposes only. In case of
discrepancy between the French and the English version of this
press release, the French version shall prevail.
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version on businesswire.com: https://www.businesswire.com/news/home/20180718005561/en/
CARBIOSBenjamin Audebert, +33 (0)4 73 86 51 76Investor
Relationscontact@carbios.frorALIZE RPPress RelationsCaroline
Carmagnol / Wendy Rigal+33 (0)1 44 54 36 66 / +33 (0)6 48 82 18
94carbios@alizerp.com
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