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CARBIOS signs its first biorecycled PET sales contracts with two global cosmetics leaders
27 May 2025 17:45 CEST
Issuer
CARBIOS
- CARBIOS has signed two multi-year commercial contracts for biorecycled PET from its Longlaville plant, with L'ORÉAL and L'Occitane en Provence, and has moved forward with the execution of this future plant’s strategy
- These initial commercial contracts confirm market demand for high-quality, recycled and recyclable PET from enzymatic recycling
Clermont-Ferrand (France), 27 May 2025 (17.45 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, announces the signature of its first multi-year offtake contracts with L'ORÉAL and L'Occitane en Provence for biorecycled r-PET from its future commercial plant in Longlaville.
These commercial contracts confirm the demand from global leading brands for recycled and recyclable PET from enzymatic recycling, which enables them to meet both their circularity and quality objectives for their packaging.
With the signing of these contracts, CARBIOS has moved forward in the execution of its strategy, thereby achieving its objective to sign its first contracts in the first half of 2025 as announced.
Source
CARBIOS
Provider
Presspage
Company Name
CARBIOS
ISIN
FR0011648716
Symbol
ALCRB
Market
Euronext Growth