CARBIOS (Euronext Growth Paris: ALCRB) announces the signing of a multi-year commercial agreement with Indorama Ventures, the global leader in PET production. This agreement covers the supply of biorecycled monomers from its Longlaville plant, which will be transformed into r-PET filaments by Indorama Ventures and then integrated by Michelin into the manufacturing of its tires.
A strategic commitment to turn complex PET waste into high-performance materials
Thanks to its enzymatic PET recycling technology, CARBIOS will produce monomers from complex PET waste at its future industrial site in Longlaville. Indorama Ventures will handle the repolymerization and production of technical filaments. Michelin will use these innovative materials in its tire reinforcements.
A new milestone in the pre-commercialization of the Longlaville plant
This commercial agreement is part of the pre-commercialization momentum of CARBIOS’ future industrial site, just weeks after signing the first sales contracts for biorecycled PET with two global cosmetics leaders.