CARBIOS and Zhink to jointly build PET biorecycling plant in China
CARBIOS and Zhink Group signed a joint Letter of Intent to build a biorecycling plant in China using CARBIOS’ revolutionary enzymatic depolymerization technology to serve regional and global packaging and textile markets.
Management team from CARBIOS and Zhink Group, including Emmanuel Ladent, CEO of CARBIOS (fifth from right) and Guoyang Zhu, President of Zhink Group (fourth from right).
The plant will utilize CARBIOS’ revolutionary enzymatic depolymerization technology that enables efficient and solvent-free recycling of PET plastic and textile waste into virgin-like products.
With enzymatic recycling technology from CARBIOS, the plant can process all types of PET waste including hard-to-recycle waste while reducing CO2 emissions by 57%, compared with virgin PET production.
“The technology developed by CARBIOS makes perfect sense in this context: capable of recycling all types of PET waste, it promotes a circular economy with high-quality products and significantly reduces the carbon footprint of industries,” explained Emmanuel Ladent, CEO of CARBIOS.
The plant will have a minimum annual processing capacity of 50k tons of prepared PET waste.
This Asia-based plant under license by Zhink would come in addition to the world’s first industrial-scale enzymatic PET recycling plant which is currently under construction in Longlaville, France.
