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♻️ Carbios bags €54M grant to build the world’s first PET bio-recycling plant in France

📅 Date:

✍️ Author: Vishal Singh

🔖 Topics: Funding Event

🏢 Organizations: Carbios

France-based Carbios, a green chemistry company that focuses on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers, announced on Thursday that it has received grants totalling €54M. Carbios’ project to finalise the industrialisation of their “unique” PET bio-recycling technology was chosen as part of the national call for projects on “Plastics Recycling” run by ADEME2.

Carbios says it will use the funds to continue its research into the optimisation and continuous improvement of Carbios’ enzymatic technologies.

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