CARBIOS and De Smet Engineers & Contractors enter engineering
partnership for construction of world’s first PET biorecycling
plant
CARBIOS and De Smet Engineers &
Contractors enter engineering partnership for construction of
world’s first PET biorecycling plant
Clermont-Ferrand, France, 15 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, and De Smet
Engineers & Contractors (DSEC), a world-class provider of
Engineering, Procurement and Construction services in the biotech’s
and agro-processing industries, jointly announce their
collaboration to spearhead the construction of the world's first
PET biorecycling plant. Under the agreement, De Smet has been
entrusted with the project management and detailed engineering,
including procurement assistance and CARBIOS partners’ management,
to ensure the execution of the plant's construction in Longlaville,
France, due for commissioning in 2025. CARBIOS’ first
commercial facility will play a key role in the fight against
plastic pollution by offering an industrial-scale solution for the
enzymatic depolymerization of PET waste to accelerate a circular
economy for plastic and textiles.
With over 70 members of De Smet's expert team
dedicated to the project and working alongside CARBIOS teams, the
collaboration aims to guarantee the project timeline and budget
while upholding stringent quality, safety, health, and
environmental standards. Construction is currently underway and on
schedule.
Emmanuel Ladent, CEO of
CARBIOS: “De Smet was selected after a comprehensive
bidding process, and we are very confident in our successful
cooperation. De Smet has an excellent track record in the
engineering and management of complex industrial projects and has
extensive experience in water-based technologies. With our combined
expertise and shared ambition, this collaboration marks a
significant step towards fulfilling CARBIOS' vision of a
sustainable future for plastic and textiles.”
Dimitri de Suraÿ, CEO of De Smet
Engineers & Contractors (DSEC): “Perfectly aligned
with our ambition to contribute to the environmental transition by
implementing novel biotechnology process and by boosting the
bio-economy, we are proud to support CARBIOS' groundbreaking
investment, thanks to our agility in project execution which
ensures its timely and competitive industrial realization. We are
thrilled to have been entrusted by CARBIOS with the construction of
the plant and are fully committed to the success of this
innovative project.”
About the world’s first PET biorecycling
plant
CARBIOS' technology enables PET circularity and
provides an alternative raw material to petro-sourced monomers,
allowing PET producers, waste management companies, public
entities, and brands to have an efficient solution to meet
regulatory requirements and fulfill their own sustainability
commitments. The plant will have a processing capacity of 50,000
tons of post-consumer PET waste per year (equivalent to 2 billion
colored PET bottles, 2.5 billion PET trays, or 300 million
T-shirts) and will address waste with little or no value to date
such as colored PET bottles, food trays, and textiles. The plant
will create 150 direct and indirect jobs in the region. In October
2023, CARBIOS obtained the building and site operating permits. The
plant is currently under construction in Longlaville in the
Grand-Est Region on land officially acquired from Indorama Ventures
on 14 February 2024.
###
About CARBIOS:
CARBIOS is a biotech company developing and
industrializing biological solutions to reinvent the life cycle of
plastic and textiles. Inspired by nature, CARBIOS develops
enzyme-based processes to break down plastic with a mission to
avoid plastic and textile pollution, and accelerate the transition
to a circular economy. Its two disruptive technologies for the
biorecycling of PET and the biodegradation of PLA are reaching
industrial and commercial scale. Its biorecycling
demonstration plant has been operational since 2021 and a first
industrial plant, in partnership with Indorama Ventures, is due to
be commissioned in 2025. CARBIOS has received scientific
recognition, notably with the cover of Nature, and is supported by
prestigious brands in the cosmetics, Food & Beverage and
apparel industries to enhance their products’ recyclability and
circularity. Nestlé Waters, PepsiCo and Suntory Beverage & Food
Europe are members of a packaging consortium founded by CARBIOS and
L’Oréal. On, Patagonia, PUMA, PVH Corp. and Salomon collaborate
with CARBIOS in a textile consortium.
Visit www.carbios.com/en to find out more about
biotechnology powering plastic and textile circularity.
LinkedIn: CARBIOS / Instagram: insidecarbios
Information on CARBIOS
shares:
ISIN
Code: |
FR0011648716 |
Ticker
Code: |
Euronext Growth:
ALCRB |
LEI: |
969500M2RCIWO4NO5F08 |
CARBIOS, founded in 2011 by Truffle Capital, is eligible for the
PEA-PME, a government program allowing French residents investing
in SMEs to benefit from income tax rebates.
This press release and the information contained
herein do not constitute an offer to sell or a solicitation of an
offer to buy or subscribe to shares in CARBIOS in any country.
About De Smet Engineers &
Contractors (DSEC):
De Smet Engineers & Contractors (DSEC),
incorporated in Belgium (part of Moret Industries Group), is an
engineering & general contractor company serving the biotech’s
and agro-processing industry focused on bio-based or circular
industries, including decarbonization & de-fossilization, as
well the sugars & ethanol, vegetable oils & derivatives,
alt proteins & ingredients, agro-nutrients industries. DSEC
provides the industry with process integration, engineering,
project management and general contracting services from turnkey
management (EPCM) to full turnkey construction (EPC).
Visit www.dsengineers.com to find out more about
DSEC’s contribution to bio-based industry.
LinkedIn: DSEC / Facebook: DeSmetEngineers /
YouTube: DeSmetEngineers
For additional information, please
contact:
DSEC |
DSEC |
Raphaël Hannoir |
Wolfgang Ranfft |
Business Development & Marketing Manager |
Vice-President Bio-based Products |
rah@dsengineers.com |
wra@dsengineers.com |
+32 477 512 716 |
+32 476 580 939 |
CARBIOS |
Press Relations (France) |
Press Relations (U.S) |
Press Relations (DACH & UK) |
Melissa Flauraud |
Iconic |
Rooney Partners |
MC Services |
Press Relations |
Marie-Virginie Klein |
Kate L. Barrette |
Anne-Hennecke |
Melissa.flauraud@carbios.com |
mvk@iconic-conseil.com |
kbarrette@rooneyco.com |
carbios@mc-services.eu |
+33 (0)6 30 26 50 04 |
+33 (0)1 44 14 99 96 |
+1 212 223 0561 |
+49 (0)211 529 252 22 |
Benjamin Audebert |
|
|
|
Investor Relations |
|
|
|
contact@carbios.com |
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+33 (0)4 73 86 51 76 |
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Translation is for information purposes only. In
case of discrepancy between the French and the English version of
this press release, the English version shall prevail
Disclaimer on forward-looking statements
and risk factors:
This press release contains forward-looking
statements, not historical data, and should not be construed as a
guarantee that the facts and data stated will occur. These
forward-looking statements are based on data, assumptions and
estimates considered reasonable by CARBIOS. CARBIOS operates in a
competitive and rapidly evolving environment. It is therefore not
in a position to anticipate all risks, uncertainties or other
factors that may affect its business, their potential impact on its
business or the extent to which the materialization of a risk or
combination of risks could lead to results that differ
significantly from those mentioned in any forward-looking
statement. CARBIOS draws your attention to the fact that
forward-looking statements are in no way a guarantee of its future
performance and that its actual financial position, results and
cash flows and the development of the sector in which CARBIOS
operates may differ significantly from those proposed or suggested
by the forward-looking statements contained in this document. In
addition, even if CARBIOS’ financial position, results, cash flows
and developments in the industry in which it operates are
consistent with the forward-looking information contained in this
document, such results or developments may not be a reliable
indication of CARBIOS’ future results or developments. Readers are
advised to carefully consider the risk factors described in the
Universal registration document filed with the French Market
Authority (“AMF”), as well as in the half-year financial report
available free of charge on the Company’s website. Should all or
any part of these risk factors materialize or others, in no case
whatsoever will CARBIOS be liable to anyone for any decision made
or action taken in conjunction with the information and/or
statements in this press release or for any related damages. This
information is given only as of the date of this press release.
CARBIOS makes no commitment to publish updates to this information
or on the assumptions on which it is based, except in accordance
with any legal or regulatory obligation applicable to it.
- 2023 02 15_PR_CARBIOS_DESMET_EN
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