CARBIOS rallies players to promote textile circularity sector in the presence of M. Bruno Le Maire, Minister of Economy, Finance and Industrial and Digital Sovereignty

CARBIOS rallies players to promote textile circularity sector in the presence of M. Bruno Le Maire, Minister of Economy, Finance and Industrial and Digital Sovereignty

Clermont-Ferrand, France, 19 February 2024 (06.45am CET) CARBIOS (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, was honored to welcome Mr. Bruno Le Maire, Minister of the Economy, Finance, Industrial and Digital Sovereignty, to its headquarters in Clermont-Ferrand where its industrial demonstrator is located. In the presence of industry players, local representatives, partners, and investors, through his visit, the Minister showed his support for CARBIOS and the creation of a textile recycling industry. The construction of France's first enzymatic PET biorecycling plant by CARBIOS marks a major step towards a circular economy for plastic and textiles. This innovation, which is currently being industrialized, demonstrates the extent to which the ecological transition can contribute to France’s green reindustrialization, and that the textile circular economy is a sector that creates environmental value, economic growth and employment.

CARBIOS has developed a technology for recycling PET by enzymatic depolymerization that can be applied to polyester textiles. The industrial demonstrator co-financed by the EIB, with its own patented textile preparation line inaugurated in October 2023, will incorporate prepared textile waste into the CARBIOS process for large-scale recycling. The world's first biorecycling plant is currently under construction in Longlaville, Grand-Est Region of France.

Bruno Le Maire, French Minister of the Economy, Finance, Industrial and Digital Sovereignty: “CARBIOS demonstrates that it is possible to combine ecological transition, Made In France and economic growth: an example of what entrepreneurial ambition, creative science and passionate men and women can achieve for the planet. I had the pleasure of visiting the CARBIOS industrial demonstrator in operation, which can recycle bottles, PET packaging and polyester textiles many times over – this is impressive. The next step is the CARBIOS plant in Longlaville (Meurthe-et-Moselle), co-financed by the French government, to recycle 50,000 tons of waste a year, and then, other plants in France, Europe and the rest of the world, to meet the demands of consumers and brands committed to the environmental cause.”