25 Jul 2024 06:45 CEST

Issuer

CARBIOS

  • CARBIOS and Nouvelles Fibres Textiles work together towards a contract to supply post-consumer and post-industrial polyester textiles for the world's first PET biorecycling plant

 

  • The 5-year contract covers a volume of 5,000 tons per year of prepared polyester textiles from end 2026

 

  • The two companies combine their innovations to establish a complete ecosystem in France for textile circularity

Clermont-Ferrand (France), Thursday 25 July 2024 (6.45am CEST). 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 Nouvelles Fibres Textiles, a French company specializing in the recovery of end-of-life textiles, today announce the signing of a Memorandum of Understanding to establish a contract for the supply of polyester textiles to the world's first PET biorecycling plant currently under construction in Longlaville, France. The polyester textiles supplied will come from used or end-of-life textiles prepared in France by Nouvelles Fibres Textiles for recycling using CARBIOS' enzymatic depolymerization technology.  This contract will enable 5,000 tons a year of these textiles to be redirected towards biorecycling from 2026 onwards, over an initial 5-year period, demonstrating the commitment of industrial players all along the value chain to achieving textile circularity for a more sustainable textile sector.

Nouvelles Fibres Textiles and its various partners opened a unique semi-industrial site with an annual capacity of 1,000 tons in November 2023, the first step towards building a 20,000-to-30,000-ton unit in 2026. This first site, a research center for textile recycling, combines the know-how of Andritz Laroche (world leader in textile recycling), Pellenc ST (French leader in intelligent sorting solutions), Synergie TLC (major French player in collection and first sorting for solidarity) and the Tissages de Charlieu group (major French player in weaving, garment manufacturing and textile recycling). This unit transforms used textiles into high-quality raw materials, supplying the various industries that use textile fibers (non-wovens, insulation, plastic, textiles, etc.) by automatically sorting them by composition, while eliminating hard points (buttons, zips, patches, etc.). 

CARBIOS' biorecycling technology uses enzymes to break down polyester fibers into their basic components. These components are then used to produce high-quality recycled PET materials, such as fibers for the textile industry. This “fiber-to-fiber” solution will enable polyester to become a truly circular fiber on a large scale.

France, a pioneer and European leader in the quest for textile circularity

 

Thanks to legislative initiatives such as the AGEC[1] (Anti-Waste for a Circular Economy) and “Climat et Résilience[2]” (Climate and Resilience) laws, support from ADEME[3], the Refashion eco-organization, and committed companies contributing to industrial sovereignty by combining innovation, ecological transition, “Made in France” and growth, France is today at the forefront of accelerating a circular economy for textiles.

At European Union level, separate collection of textile waste will be mandatory in member states from 1 January 2025.  The European Union's strategy for sustainable and circular textiles aims to ensure that, by 2030, textile products are largely made from recycled fibers, and that incineration and landfill are reduced to a minimum[4].


 


[1] https://www.ecologie.gouv.fr/loi-anti-gaspillage-economie-circulaire

[2] https://www.ecologie.gouv.fr/actualites/loi-climat-resilience-bilan-2-ans

[3] The French Environment and Energy Management Agency (Agence de l'environnement et de la maîtrise de l'énergie)

[4] https://ec.europa.eu/commission/presscorner/detail/fr/qanda_22_2015

Source

CARBIOS

Provider

Presspage

Company Name

CARBIOS

ISIN

FR0011648716

Symbol

ALCRB

Market

Euronext Growth