- This publication describes the company’s proprietary process for converting plastic waste into new bottles – a breakthrough towards a circular economy
CLERMONT-FERRAND, France – Regulatory news:
CARBIOS (Euronext Growth Paris: ALCRB) (Paris: ALCRB), a pioneer in new bio-industrial solutions to reinvent the life cycle of plastic and textile polymers, announces the publication of an article in the prestigious scientific journal Nature, entitled ” A PET-depolymerase designed to decompose and recycle plastic bottles ». The article is co-written by Carbios scientists and by the company’s famous academic partner, the Toulouse Biotechnology Institute 1 (TBI).
The article describes the development of a new enzyme, which can biologically depolymerize all plastic waste polyethylene terephthalate (PET), followed by extremely efficient recycling in new bottles. PET is the most common thermoplastic polymer and is used to make bottles, polyester clothing fibers, food containers and various thermoformed packaging and components. Carbios’ recycling process, the first of its kind, initiates a real transition to a circular economy and can better prevent plastic pollution from harming our oceans and our planet. This innovative technology also paves the way for the recycling of PET fibers, another major challenge to guarantee a clean and protected environment for future generations.
Professor Alain Marty, Scientific Director of Carbios and co-author of the Nature article, says:“I am very proud that Nature, one of the most respected scientific journals in the world, has validated the quality of the research carried out by scientists from the Carbios laboratory and TBI in the development of a PET recycling enzyme and a revolutionary process. The results obtained confirm the industrial and commercial potential of the Company’s proprietary process, which will be tested in 2021 in our demonstration plant in the heart of the French Chemical Valley, near Lyon. ”
Sophie Duquesne, INRAE Researcher:“For any researcher, having their work recognized by the prestigious journal Nature is a real success. I am very proud of the work accomplished by researchers at TBI and Carbios, whose collaborative efforts have led to the development of a sustainable solution for the end of life of plastics. “
Dr. Saleh Jabarin, Professor Emeritus at the University of Toledo, Ohio and member of the Carbios Scientific Committee: “This is a real breakthrough in the recycling and manufacturing of PET. Thanks to the innovative technology developed by Carbios, the PET industry will become truly circular, which is the goal of all players in this industry, in particular brand owners, PET producers and our civilization as a whole. “
Bertrand Piccard, founder and president of the Solar Impulse Foundation: “I am very pleased that the scientific community recognizes one of the solutions labeled by the Solar Impulse Foundation as a financially profitable solution for protecting the environment. Using such technology makes as much sense as it does ecologically! “
Nature, the highest Impact factor scientific journal, recognizes the revolutionary quality of research in enzymatic engineering carried out by Carbios and TBI, which opens the way to virtuous management of plastic waste. “Carbios is the first company to successfully combine the two scientific worlds of enzymology and plastics”, as Dr Philippe Pouletty, CEO of Truffle Capital and co-founder of Carbios, comments.
Drawing on many years of experience with a world renowned team, Carbios and TBI are proud to have been able to increase the degradation performance of PET waste to 90% in 10 hours, a significant increase compared to the yield of initial degradation of 1% after several weeks. This paradigm shift in the efficiency with which PET can be recycled is leading to a future circular economy technology applicable to all PET waste, which Carbios is proud to be spearheading.
To read the article in Nature, please find the link here:
Carbios is a green chemistry company whose innovations make it possible to meet the environmental and sustainable development challenges faced by manufacturers. Since its creation in 2011 by Truffle Capital, the Company has developed, thanks to biotechnology, two industrial processes that are revolutionizing the biodegradation and recycling of polymers. These unprecedented innovations, made possible thanks to the support of Bpifrance (THANAPLAST ™ project), make it possible to optimize the performance and life cycle of plastics and textiles by exploiting the properties of very specific enzymes.
Carbios’ economic development model is based on the industrialization and marketing of its products and / or enzymes, technologies and bioprocesses through license concessions directly or through joint ventures with the main industrial players or sectors concerned by the innovations of the Company. As such, Carbios created the Carbiolice joint venture in September 2016, in partnership with Limagrain Ingredients and the SPI fund operated by Bpifrance. This company, over which Carbios has majority control, will exploit the first technology licensed by Carbios by producing enzymatic granules for the production of biodegradable and bio-based plastics.
Carbios benefits from Bpifrance’s “Innovative Company” qualification, which allows the Company’s securities to be eligible for Mutual Funds Placement in Innovation (FCPI) investments. For more information, visit: www.carbios.fr
Carbios is eligible for the PEA-PME, a government program allowing French residents investing in PME to benefit from income tax rebates.
About Truffle Capital:
Founded in 2001, Truffle Capital is a leading European venture capital firm specializing in revolutionary life sciences and FinTech technologies. Truffle Capital supports the creation and growth of young innovative companies capable of becoming the leaders of tomorrow. Led by Patrick Kron, President, alongside the co-founders and co-CEOs Philippe Pouletty, MD, and Bernard-Louis Roques, Truffle Capital raised more than € 1.1 billion and supported more than 75 companies in the digital technologies and life sciences.
For more information: www.truffle.com – Twitter: @trufflecapital
This press release does not constitute and may not be considered as constituting an offer to the public, an offer to sell or a subscription offer or as a solicitation to solicit a buy or sell order in any country.
Translation for informational purposes only. In the event of any discrepancy between the French version and the English version of this press release, the French version will prevail.
1 : A joint research unit INSA Toulouse, INRAE, CNRS.
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