Carbios successfully closes the CE-PET1 project, co-financed by the state and managed by ADEME, which demonstrates the application of PET biorecycling technology to textiles.

• Demonstrated with bottle and tray waste, Carbios technology has been piloted on textile waste, a major step forward for this sector, which accounts for 60% of global PET production.

• A world first with the first textile fibers produced with 100% recycled PET (r-PET).²) through a biological process developed by Carbios

CLERMONT-FERRAND, France, 02 February 2023–(BUSINESS WIRE)–Regulatory News:

Carbios (Euronext Growth Paris: ALCRB) (Paris:ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastics and textiles, announces the approval of the final key phase of the CE research project -PET, as part of the Future Investment Program by the State co-financed, currently integrated into France 2030 and managed by ADEME (French Environment and Energy Management Agency) and coordinated by Carbios together with its academic partner INRAE³ Through TWB mixed service units⁴ and research TBI⁵. The 4-year CE-PET project initially made this possible validate a pilot-scale enzymatic PET recycling process to scale up an industrial demonstrator – Operating since September 2021 – able to process PET plastic waste today. The first feasibility of the process, both ecologically and economically, made it possible to take a new step towards its industrialization.

Another major success of the CE-PET project was the pilot-scale validation of the technology on textile waste.Textiles, which account for about 60% of the global PET market, are a significant challenge. To date, PET bottles are the main raw material used for the production of recycled polyester fiber. The approval of Carbios technology in textile waste expands the application potential, especially due to the new European regulations for the separate collection of textile waste, which is mandatory from 1.^er January 2025. The introduction of PET textile waste in the demonstrator will be implemented in 2023, in particular within the framework of the “PET LIFE CYCLE” project co-financed by the European Commission.

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“We are extremely satisfied with the results of the CE-PET project. We have demonstrated our ability to enzymatically recycle complex waste to produce new bottles and fibers, proving the robustness of our process,” he said. Emmanuel Ladent, CEO of Carbios. “The success of this project is a springboard for a sustainable future and the inclusion of plastics and textiles in a truly circular economy. The Carbios teams are very proud and grateful for the support of the French State throughout their development, from the research phase to industrial application. »

“The joint achievements of the INRAE ​​team combining TBI and TWB and Carbios in the CE-PET project is a great success and an excellent demonstration for the development of enzymatic recycling processes. They are part of a long-term partnership.” Continue Isabelle André, CNRS Research Director. “It is a great satisfaction for all participating research groups to contribute to leading scientific advances in the service of sustainable and ecological life-cycle management of plastics and synthetic textiles and the impact of biocatalysis. »

The final major phase of the CE-PET project has been unconditionally approved by ADEME.

The main technical results of the CE-PET project:

• Development and optimization of an efficient and competitive enzyme for the depolymerization of plastic and textile PET waste.

• Reproducibility of pilot-scale process performance and identification of various unit operations for transfer of the process to industrial demonstration scale.

• Characterization and specification of processable PET beds

• r-PET bottles are manufactured from 100% plastic and textile PET waste and are suitable for food contact applications.

• White fiber production in r-PET from 100% plastic and textile waste, even colored ones.

As part of the approval of the entire project, Carbios will receive a total amount of €4,136,000 (€1,034,000 in subsidies and €3,102,000 in advance payments) and its partner INRAE-TWB will receive €3,416,000.

This project was co-financed by the state as part of the Future Investment Program, now part of France 2030, and managed by ADEME.

About Carbios:

Founded in 2011 by Truffle Capital, Carbios is a growing biotechnology company with the goal of industrializing, developing innovative and competitive biological processes. With its unique approach combining biology and plastic processing, Carbios aims to respond to new consumer expectations and meet the challenges of the ecological transition by tackling plastic and textile pollution, the main problem of our time. Enzymatic recycling technology developed by Carbios separates any type of PET waste (dominant polymer in polyester bottles, containers, textiles) into its main components, which can then be reused to produce new PET products of virgin quality. This world was first hailed by the international scientific community through a front page publication in the prestigious journal Nature in April 2020. After successfully launching an industrial demonstrator in Clermont-Ferrand in 2021, Carbios has taken a new major step towards the industrialization of its process by starting the construction of the first plant in partnership with Indorama Ventures.

In 2017, Carbios and L’Oréal created a consortium to contribute to the industrialization of recycling technology. Committed to developing innovative solutions for sustainable development, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe joined the Consortium in April 2019. In 2022, Carbios signed an agreement with On, Patagonia, PUMA and Salomon to develop solutions that increase recyclability. and circularity of their products.

The company has also developed technology for the enzymatic biodegradation of single-use plastics into PLA (bio-based polymer). This technology integrates enzymes into the heart of these plastics, enabling the creation of a new generation of plastics that are 100% compostable at room temperature.

For more information: www.carbios.com / Twitter: Carbiosis LinkedIn: Carbios Instagram: insidecarbios

Carbios (ISIN FR0011648716/ALCRB) is PEA-PME eligible and benefits from Bpifrance’s “Innovative Company” qualification, which allows the Company’s securities to be eligible for investment by Mutual Funds for Innovation (FCPI).

The press release is not an offer to sell or an offer to buy securities in France, Europe, the United States or any other country.

¹ CE-PET = Abbreviation given to the “Circular Economy PET” project. This project is now co-financed by the State as part of the Future Investments Program integrated into France 2030 (PIA n°1882C0098) and managed by ADEME.

² r-PET = recycled PET

³ National Research Institute for Agriculture, Food and Environment

⁴ Toulouse White Biotechnology, Joint INRAE-INSA-CNRS service unit

⁵ Toulouse Institute of Biotechnology, Bio & Chemical Engineering, INSA-INRAE-CNRS joint research unit

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contacts

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