Context

Carbios develops industrial bioprocesses for the biodegradation and biorecycling of plastic polymers, using two breakthrough enzymes to recycle PET (plastic bottles, food packaging, textile fibres) and degrade PLA (single-use bags, disposable tableware, agriculture mulch films).

This is a true circular economy solution for the biorecycling of PET, with an enzyme capable of degrading 97% of PET polymers in 16 hours. Carbios produced the first-ever PET bottles from 100% recycled plastic waste using its technology.

Carbios has signed a partnership with L’Oréal, Nestlé Waters, Suntory Beverage and Pepsico to jointly create a consortium to promote recycled PET technology, and is now planning to build an industrial demonstration plant.

Through its joint venture Carbiolice, Carbios will launch its first commercial product in 2020, an enzyme capable of degrading PLA plastics in home-composting conditions.

Carbios and Carbiolice have signed a joint development and exclusive supply agreement with #1 enzyme producer Novozyme.

Proceeds from this Private placement will be mainly used to finance the PET biorecycling demonstration plant and for ongoing corporate and research activities.

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About Carbios

CARBIOS is a green chemistry company whose innovations are designed to meet environmental and sustainable development issues faced by global industrial players. Since its creation in 2011, CARBIOS has developed two industrial bioprocesses dedicated to the biodegradation and the biorecycling of polymers. These breakthrough innovations, which are a worldwide premiere, leverage the highly specific properties of enzymes to optimize the performances and the life cycle of plastic and textile materials. CARBIOS’ economic development model is based on the industrialization and commercialization of its products, enzymes, technologies, and bioprocesses via the concession of licenses, directly or via joint ventures to major industrial players in the sectors that can make use of the Company’s innovative technologies.

Discover Carbios

Olivier Garnier

Investment Banking

Olivier Garnier photo

Mickael Dubourd

Investment Banking

Mickael Dubourd photo

Cosme Rosellini

Equity Capital Markets

Cosme Rosellini photo

Paul Wertheimer

Investment Banking

Pierre Sertour photo

Deal Team

Should you want to know more about this transaction, you can contact one of the team members above

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