Carbios and Indorama Ventures jointly announce a collaboration to build a manufacturing plant operating Carbios’ PET bio-recycling technology at Indorama Ventures’ PET production site in Longlaville, Meurthe-et-Moselle, France.

After having successfully started-up its demonstration plant in Clermont-Ferrand, Carbios is now moving one step further towards the industrialization and commercialization by partnering with Indorama Ventures.

The goal is to build and operate in France the world’s first industrial-scale enzymatic PET bio-recycling plant, with a processing capacity estimated at ca. 50.000 tons of post-consumer PET waste per year, equivalent to 2 billion PET bottles or 2.5 billion PET trays.

Carbios to build in France a manufacturing plant for fully bio-recycled PET in partnership with Indorama Ventures.

“With this first medium-sized plant, we want to become the world reference for the Circular Economy of plastics and textiles. By engaging in such a partnership with Indorama Ventures, we confirm our commitment to pursue our initial industrial development in France,” commented Emmanuel Ladent, Chief Executive Officer of Carbios.

After the positive results of Indorama Ventures’ initial analysis on the technical soundness of Carbios’ technology over the past several months, both parties agreed to complete a due diligence process. 

A feasibility study will be conducted for the industrialization of Carbios’ technology on Indorama Ventures’ French production site. Subject to the successful completion of these technical and economical evaluations, Indorama Ventures would co-invest in the project.

“We are pleased to implement Carbios’ innovative and transformative technology at our Longlaville site. Bio-recycled PET addresses customers’ growing demand to contribute to a cleaner planet through high-quality plastics while decreasing the use of hydrocarbons,” added D K Agarwal, Chief Executive Officer of Indorama Ventures.

The capital investment required for the project is expected to be around €150 million for Carbios core technology, including in particular an additional purification step, which has been integrated into the process. In addition, an estimated €50 million investment will be allocated for the infrastructure preparation of the site.

Carbios and Indorama Ventures jointly announce a collaboration to build a manufacturing plant operating Carbios’ PET bio-recycling technology at Indorama Ventures’ PET production site in Longlaville, Meurthe-et-Moselle, France.

After having successfully started-up its demonstration plant in Clermont-Ferrand, Carbios is now moving one step further towards the industrialization and commercialization by partnering with Indorama Ventures.

The goal is to build and operate in France the world’s first industrial-scale enzymatic PET bio-recycling plant, with a processing capacity estimated at ca. 50.000 tons of post-consumer PET waste per year, equivalent to 2 billion PET bottles or 2.5 billion PET trays.

Carbios to build in France a manufacturing plant for fully bio-recycled PET in partnership with Indorama Ventures.

“With this first medium-sized plant, we want to become the world reference for the Circular Economy of plastics and textiles. By engaging in such a partnership with Indorama Ventures, we confirm our commitment to pursue our initial industrial development in France,” commented Emmanuel Ladent, Chief Executive Officer of Carbios.

After the positive results of Indorama Ventures’ initial analysis on the technical soundness of Carbios’ technology over the past several months, both parties agreed to complete a due diligence process. 

A feasibility study will be conducted for the industrialization of Carbios’ technology on Indorama Ventures’ French production site. Subject to the successful completion of these technical and economical evaluations, Indorama Ventures would co-invest in the project.

“We are pleased to implement Carbios’ innovative and transformative technology at our Longlaville site. Bio-recycled PET addresses customers’ growing demand to contribute to a cleaner planet through high-quality plastics while decreasing the use of hydrocarbons,” added D K Agarwal, Chief Executive Officer of Indorama Ventures.

The capital investment required for the project is expected to be around €150 million for Carbios core technology, including in particular an additional purification step, which has been integrated into the process. In addition, an estimated €50 million investment will be allocated for the infrastructure preparation of the site.