2021 strategic update & 2020 annual results for Carbios, green chemistry company established and supported by Truffle Capital
2021: Carbios announces a new major step in its development with the building of a first of a kind 100% PET recycling production unit...
• 2021: Carbios announces a new major step in its development with the building of a first of a kind 100% PET recycling production unit exploiting its technology
• Carbios confirms its 2025 ambition of making available recycled PET coming from its enzymatic process
This Unit is expected to enable an annual production of 40.000 tonnes of recycled PET. It will also strengthen the Company’s business model which will remain the licensing of its technologies and know-how and the sale of enzymes to its licensees, who will build their own PET recycling production units. Under this framework, Carbios announces the signature on March 18th, 2021 of a non-exclusive and non-binding Expression Of Intent agreement with quipolymers, leading European PET producer, which could host the Unit on its production facilities located in Schkopau (Germany). Equipolymers is a subsidiary of EQUATE Petrochemical Company
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