This morning, Carbios and its consortium partners — namely On, Patagonia, PUMA, Salomon, and PVH Corp.— introduced the world's first polyester garment enzymatically recycled from 100% textile waste using Carbios' biorecycling technology. A plain white T-shirt showcases this achievement, demonstrati
This morning, Carbios announced its H1 2024 results with revenues reaching EUR79k (vs. EUR20k in H1 2023). While the H1 EBIT loss totalled EUR20.0m (51% higher YoY vs. EUR13.3m in H1 2023) due to an acceleration in operating expenses (EUR20.1m in H1 2024 vs. EUR13.3m in H1 2023), the group ended th
In recent years, the global waste management landscape has faced challenges with over 2.1bn tons of municipal solid waste (MSW) generated annually, a figure projected to rise by 56% to 3.8bn tons by 2050 if urgent action is not taken. This vast quantity of waste is more than a mere by-product of co
Yesterday, Carbios announced it had signed an LOI with Selenis, a global supplier of speciality polyester solutions, to create a high-quality, sustainable PETG material derived from recycled PET waste for use in the cosmetics and healthcare packaging industries. This partnership builds on a two-yea
Yesterday, Carbios announced it had signed an agreement with Sleever, a French leader in shrinksleeve label technology, for an exclusive, long-term contract to jointly develop biodegradable shrink films. This signature confirms Carbios' leadership in enzyme engineering and interest from partners in
This morning, Carbios announced that it has signed a joint LOI with FCC Environment - one of the UK's leading recycling and waste management companies. The objective is to build a bio-recycling plant in the UK based on Carbios' enzymatic depolymerisation technology. The announcement materialises Ca
Yesterday, Carbios announced that it has signed a joint LOI with SASA - a leading global manufacturer of polymers, polyester, fibres and filament yarns - aiming to potentially build a 100Kt bio-recycling plant in Turkey based on Carbios' enzymatic depolymerisation technology. The announcement mater
This morning, Carbios announced it has signed a Memorandum of Understanding (MoU) with Nouvelles Fibres Textiles. This MoU relates to a potential contract for the supply of polyester textiles to Carbios' Reference Unit in Longlaville, its first-of-its-kind 50Kt/year PET biorecycling plant. From 202
Yesterday evening, Carbios announced the publication of a new article in Nature, presenting Carbios Active engineered enzymes and enzyme-embedded PLA in order to make self-biodegradable plastic. Carbios Active, developed by Carbios' R&D teams, enhances the biodegradation and lifecycle of PLA pr
This morning, Carbios announced that it has signed a joint LOI with Zhink Group - a major Chinese PET and Textile producer - with a view to building a 50Kt bio-recycling plant in China based on Carbios' enzymatic depolymerisation technology. This announcement materialises Carbios' investments in co
This morning, Carbios announced it had signed an agreement with Tomra Textiles - a tech venture branch of the sorting technology leader Tomra - to collaborate on creating an efficient system for textile waste collection, sorting and preparation in Northern Europe. Under this agreement Tomra Textile
Yesterday, Carbios announced the creation of a 100% biorecycled PET bottle with L'Occitane en Provence (owner of 2.33% of Carbios), using recycled PET from its industrial demonstrator in Clermont-Ferrand (France) and in collaboration with Pinard Beauty Pack. Releasing this fully recycled end-produc
This morning, Carbios announced the signing of a non-binding Memorandum of Understanding with Hündgen, a waste management expect in logistics, sorting and recycling services. The MoU concerns the supply of 15kt/year of post-consumer PET waste to be recycled in the company's first commercial plant f
Carbios has reported a FY23 operating loss of EUR28.9m, vs -EUR26.1m in 2022. While R&D expenses stabilised YoY, overall operating expenses continued to increase as the company structures itself to be ready for industrial and commercial developments. Still in the early phase of its ramp-up, Car
This morning, Carbios announced that Carbios Active, its enzymatic solution for 100% compostable PLA (also known as Evanesto), has been added to the FDA inventory of Food Contact Substances. Based on this milestone, Carbios' enzymes can now be used to produce 100% compostable food packaging materia
This morning, Carbios announced the signing of a MOU with Landbell Group, a leading provider of closed-loop recycling solutions, for the supply of 15kt/year of PET flakes that will be recycled in the company's first commercial plant from 2026. Carbios has thus secured, in combination with other fee
This morning, Carbios has announced the selection of De Smet Engineers & Contractors (DSEC), a world-class provider of Engineering, Procurement and Construction (EPC) services for the construction of its 50Kt Reference Unit in Longlaville. Consequently, now that the building permit, the operati
This morning, Carbios has announced the simultaneous receipt of both the building permit and the operating authorisation for its 50Kt Reference Unit in Longlaville, therefore allowing construction work to start. As such, Carbios is perfectly on track to meet its schedule, with expected commissionin
Carbios yesterday announced the publication of an article in "ACS Catalysis" (accessible here), one of the world's most influential scientific journals, assessing industrial-scale enzymatic recycling pathways. This publication confirms Carbios’ complete technological leadership in enzymology, years
Carbios has reported an H1 2023 operating loss of EUR13.3m, vs -EUR11.5m in H1 2022. R&D and General & Administrative expenses accelerated as the company continues to structure itself to be ready for industrial and commercial developments. Carbios' investment case remains unchanged since it
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