CARBIOS - CORPORATE | EUR70 VS. EUR60 (+107%) Collaboration with Indorama Ventures to build the first industrial unit Carbios announced a collaboration with Indorama Ventures for the construction of its first industrial unit (bigger than anticipated). This collaboration is a very good news, not only because it confirms the credibility and potential of Carbios’ technology but also because it could lead to future licensing deals with Indorama, the world’s largest PET producer. We increase our TP f...
CARBIOS - CORPORATE | EUR60(+51%) Two PET producers shortlisted. Carbios is about to accelerate its industrial development Entering the final stage of selection First results from the demo plant confirm the potential of the technology Positive newsflow over the coming weeks should revive the stock momentum Very positive stance confirmed. TP EUR60
CARBIOS - CORPORATE | EUR60(+61%) European funding to support the industrial deployment of the enzymatic PET recycling A new grant that confirms the high potential of Carbios’ technology We expect further positive newsflow in the next few weeks/months On track for a first industrial unit by end-2024 Still a lot of upside to capture. Target price confirmed : EUR60
CARBIOS - CORPORATE | EUR60(+60%) Appointment of a new CEO, directly from Michelin’s top management Mr. Ladent is bringing strong industrial and international background A profile that fits with Carbios’ growing maturity Not surprising to see someone from Michelin Very positive stance confirmed. TP EUR60
CARBIOS - CORPORATE | EUR60(+51%) Enzymatic recycling of PET is one step closer to becoming a reality Launch of the industrial demonstration plant A reactor capable of processing the equivalent of 100,000 bottles per cycle On track for a first industrial unit by end-2024 Very positive stance confirmed. TP EUR60
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
CARBIOS - CORPORATE | EUR60(+54%) First PET bottles produced using Carbios enzymatic recycling technology A key milestone confirming potential of technology Lower carbon footprint confirmed SK Global Chemicals to acquire a 10% equity stake in Loop Industries Carbios’ recycling technology can address a wider market than Loop’s
Plastic pollution is one of the most pressing environmental issues as rapidly increasing production of disposable plastic products is overwhelming the world’s ability to deal with them. Fortunately, Carbios is developing an innovative enzyme-based recycling solution.
CARBIOS - CORPORATE | EUR23(+29%) Carbios begins construction of its industrial demonstration plant Towards a bigger than expected first industrial plant ? Strong demand for circular plastic Model maintenance, Fair Value at EUR 23.0 confirmed
CARBIOS - CORPORATE | EUR23 vs. EUR15,5 (+55%) Plastic is still fantastic ! PET recycling: now into the home stretch First revenues for Carbiolice as soon as September 2020 Unprecedented momentum around plastic recycling FV increased from EUR 15.5 to 23.0
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