CARBIOS and Landbell Group join forces to increase circularity of
PET waste at first biorecycling plant
CARBIOS and Landbell Group join forces to
increase circularity of PET waste at first biorecycling
plant
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CARBIOS and Landbell Group sign agreement to develop and implement
solutions for the sorting, preparation and enzymatic recycling of
post-consumer PET waste
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CARBIOS and Landbell Group combine expertise and innovation to
significantly increase PET recycling from packaging and textile
waste
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This partnership contributes 15kt/year of PET flakes to CARBIOS’
sourcing roadmap for its first commercial plant, 70% of which has
been sourced
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This collaboration demonstrates Landbell Group’s commitment towards
building closed-loop solutions for plastic waste through innovative
recycling technologies
Clermont-Ferrand, France, 29 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 Landbell
Group, a global operator of more than 40 producer responsibility
organizations (PROs) and a leading provider of closed-loop
recycling solutions, announce the signing of a non-binding
Memorandum of Understanding for the sourcing, preparation and
recycling of post-consumer PET waste using CARBIOS’ biorecycling
technology at its first commercial plant in Longlaville from
2026.
The partnership will leverage Landbell Group’s
expertise and network in the sourcing of PET packaging and textile
waste which will be prepared for biorecycling. Thanks to CARBIOS’
highly selective enzyme, less sorting and washing is required
compared to current recycling technologies, offering future savings
in energy and water use. From 2026, Landbell Group will supply
CARBIOS with 15 kt/year of PET flakes, ensuring a steady supply
chain for sustainable PET production. These flakes will serve as
essential feedstock for CARBIOS’ production of food-grade PTA and
MEG, further re-polymerized into PET.
Through the partnership with Landbell Group in
Germany, the supply of multilayer trays through the CITEO tender in
France and the MoU with Indorama Ventures, CARBIOS will have
sourced over 70% of its feedstock required for the 50kt/year
capacity when its first commercial plant in Longlaville, France,
will operate at full capacity. Close to the borders
with Belgium, Germany and Luxembourg, the plant’s location is
strategic for nearby waste supplies.
Through this partnership with CARBIOS, Landbell
Group will ensure that the problematic PET fractions such as
multilayered, colored and opaque trays from packaging waste and
polyester textile waste are redirected towards recycling. In this
way, Landbell Group strengthens its commitment to the development
of innovative recycling solutions to enable a circular economy.
Emmanuel Ladent, CEO of
CARBIOS: “Through our new partnership with Landbell Group,
CARBIOS secures a significant feedstock supply for our first
commercial plant, and we are pleased to make biorecycled PET
available to Landbell’s extensive client portfolio, powering a
circular economy for plastic. CARBIOS’ innovative biorecycling
technology enables the conversion of diverse wastes into valuable
products, enhancing flexibility and competitiveness. By minimizing
bottle usage and diversifying raw material sources, we’re advancing
sustainability while meeting market demands effectively. Together,
we’re forging a future where waste becomes a valuable
resource.”
Uwe Echteler, COO of Landbell
Group: “PET trays are extensively used in food packaging
due to their excellent barrier properties, transparency and
strength. However, PET trays, especially with a multi-layered
structure, currently pose a challenge for mechanical recycling. The
innovative depolymerization process developed by CARBIOS
facilitates the recycling of PET waste into high-quality recycled
PET. Landbell Group and CARBIOS together will enable closed-loop
recycling of problematic PET waste to allow its customers –
packaging manufacturers and brands – to use recycled content in
food packaging and meet their sustainability targets.”.
The environmental benefits of CARBIOS’
biorecycling technology
Recent life-cycle analyses1 show a 57%
reduction in CO2 emissions compared with the production of
virgin plastic2, and for every ton of recycled PET produced, 1.3
tons of oil are avoided. Compared with conventional
recycling, enzymatic recycling is 5 times more circular (calculated
according to the Ellen MacArthur Foundation's Material
Circularity Indicator3). Thanks to its highly selective
enzyme, optimized for efficient PET degradation, CARBIOS’
depolymerization process can process all types of PET waste,
including colored, multilayer or textile waste that cannot be
recycled using current technologies. Furthermore, the two
monomers produced (PTA and MEG) make it possible to recreate
recycled PET products of identical quality to petro-sourced ones,
and suitable for food contact.
###
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, founded in 2011 by Truffle
Capital, 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.
For latest news and media assets, visit our
newsroom: www.carbios.com/newsroom/en/
LinkedIn: CARBIOS / Instagram: insidecarbios
Information on CARBIOS
shares:
ISIN
Code: |
FR0011648716 |
Ticker
Code: |
Euronext Growth:
ALCRB |
LEI: |
969500M2RCIWO4NO5F08 |
CARBIOS 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 Landbell Group:
Landbell Group is a leading provider of
environmental and chemical compliance solutions with local
expertise and global presence. Established as a producer
responsibility organisation (PRO) for packaging in Germany in 1995,
the Group has since evolved into a platform for extended producer
responsibility (EPR) worldwide.
Landbell Group’s comprehensive core services –
compliance, consulting and software – help companies to meet their
global EPR obligations. The Group’s PROs have collected more than
10 million tonnes of waste batteries, electronics and packaging,
and are now starting to collect textiles. Its consulting companies
provide global consultancy for EPR, chemical compliance and
takeback, and its software business develops digital tools for
environmental and chemical compliance.
In 2014, Landbell Group also launched the Green
Alley Award, which is presented every year to innovative startups
in the environmental sector.
The circular economy is crucial for reducing
greenhouse gas emissions – and EPR is one of the key elements for
building a circular economy. Landbell Group is delivering EPR
services worldwide to create a more sustainable future.
For more information, please visit:
www.landbell-group.com
For additional information, please
contact:
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@corbios.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 |
|
|
|
+33 (0)4 73 86 51 76 |
|
|
|
Landbell Group |
|
Dr. Raffaela David |
|
Head of Marketing & PR |
|
r.david@landbellgroup.com |
|
+49 152 56 405 723 |
|
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.
Translation is for information purposes only. In
case of discrepancy between the French and the English version of
this press release, the French version shall prevail=
1 Database ecoinvent 3.82 French scenario, taking into account
the detour of 50% of PET waste from conventional end-of-life.
Virgin PET: 2.53 kg CO2/kg (cradle to gate)3 The Material
Circularity Indicator (MCI) is a methodology developed by the Ellen
MacArthur Foundation to measure how restorative the material flows
are. The MCI gives a value between 0 and 1 where higher values
indicate a higher circularity. The MCI value for CARBIOS’ enzymatic
recycling is 0.8.
- PR_CARBIOS_LANDBELL_EN_FINAL
- Landbell Group & CARBIOS
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