CARBIOS and Hündgen enter supply agreement for world's first PET biorecycling
plant
* From end 2026, Hündgen will supply 15kt/year of post-consumer PET flakes to
CARBIOS' first commercial plant
Clermont-Ferrand, France, Thursday 2 May 2024 (06.45am CEST) CARBIOS
(http://www.carbios.com/en/) (Euronext Growth Paris: ALCRB), a pioneer in the
development and industrialization of biological technologies to reinvent the
life cycle of plastic and textiles, and Hündgen Entsorgungs GmbH & Co. KG
(https://www.huendgen-entsorgung.de/) (Hündgen), a waste management expert in
logistics, sorting services and the recycling of recyclable materials from waste
mixtures, announce the signing of a non-binding Memorandum of Understanding
relating to the sourcing, preparation and recycling of 15kt/year of post-
consumer PET waste using CARBIOS' biorecycling technology at its first
commercial plant in Longlaville, from end 2026.
The partnership will leverage Hündgen's expertise and network in the sourcing
and preparation of light packaging waste collected from German households. This
PET waste will be prepared into flakes ready for biorecycling using CARBIOS'
enzymatic depolymerization technology, which produces food-grade PTA and MEG,
further re-polymerized into PET.
The supply partnership with Hündgen contributes to securing the majority of
CARBIOS' feedstock needs for its first commercial plant in Longlaville, France.
This plant will have a 50kt/year capacity when it will be fully operational and
is currently under construction. This latest sourcing announcement comes in
addition to previously announced agreements, such as with Landbell Group
(https://www.carbios.com/newsroom/en/carbios-and-landbell-group-join-forces-to-
increase-circularity-of-pet-waste-at-first-biorecycling-plant/) for food trays
from Germany, and the winning (https://bo.citeo.com/sites/default/files/2023-
04/Citeo%2520announces%2520the%2520launch%2520of%2520the%2520first%2520French%25
20closedloop%2520recycling%2520activity%2520for%2520PET%2520pots%2520and%2520tra
ys..pdf)CITEO tender for trays in France
(https://bo.citeo.com/sites/default/files/2023-
04/Citeo%2520announces%2520the%2520launch%2520of%2520the%2520first%2520French%25
20closedloop%2520recycling%2520activity%2520for%2520PET%2520pots%2520and%2520tra
ys..pdf). The location of the Longlaville plant is strategically close to nearby
waste supplies in Belgium, Germany and Luxembourg.
Through its enzymatic depolymerization process, CARBIOS can process all types of
PET waste, including waste that cannot be recycled with current technologies.
Multilayered, colored, and opaque packaging waste as well as polyester textile
waste now have circular recycling solutions.
Emmanuel Ladent, CEO of CARBIOS: "Through our partnership with Hündgen, CARBIOS
has now secured most of the feedstock supply for our first commercial plant.
CARBIOS' innovative biorecycling technology enables the conversion of diverse
PET waste allowing more flexibility in sourcing, and price-competitiveness
compared with high-demand clear bottles. Our local sourcing strategy has also
paid off and demonstrates the importance of locating biorecycling plants near
waste supplies, an expertise that we're keen to share with our future license
holders."
Christian Hündgen, CEO of Hündgen Entsorgungs GmbH & Co.KG: "Establishing new
standards in the field of plastic packaging recycling requires the development
and implementation of innovative technologies and the promotion of cross-border
cooperation. In this context, we are delighted to be part of one of the leading
projects in Europe in the field of PET non-bottle recycling."
###
About CARBIOS:
CARBIOS (https://www.carbios.com/en/) is a biotech company developing and
industrializing biological solutions to reinvent the life cycle of plastic and
textiles. Inspired by nature, CARBIOS develops enzyme-based processes to break
down plastic with a mission to avoid plastic and textile pollution, and
accelerate the transition to a circular economy. Its two disruptive technologies
for the biorecycling of PET and the biodegradation of PLA are reaching
industrial and commercial scale. Its biorecycling demonstration plant has been
operational since 2021 and a first industrial plant, in partnership with
Indorama Ventures, is currently under construction. CARBIOS, founded in 2011 by
Truffle Capital, has received scientific recognition, notably with the cover of
Nature, and is supported by prestigious brands in the cosmetics, Food & Beverage
and apparel industries to enhance their products' recyclability and circularity.
Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe are members of a
packaging consortium founded by CARBIOS and L'Oréal. On, Patagonia, PUMA, PVH
Corp. and Salomon collaborate with CARBIOS in a textile consortium.
Visit www.carbios.com/en (http://www.carbios.com/en) to find out more about
biotechnology powering plastic and textile circularity.
For latest news and media assets, visit our newsroom:
www.carbios.com/newsroom/en/ (http://www.carbios.com/newsroom/en/)
LinkedIn: CARBIOS (https://www.linkedin.com/company/carbios/) / Instagram:
insidecarbios (https://www.instagram.com/insidecarbios/?hl=en)
Information on CARBIOS shares:
ISIN Code: FR0011648716
Ticker Code: Euronext Growth: ALCRB
LEI: 969500M2RCIWO4NO5F08
CARBIOS is eligible for the PEA-PME, a government program allowing French
residents investing in SMEs to benefit from income tax rebates.
This press release and the information contained herein do not constitute an
offer to sell or a solicitation of an offer to buy or subscribe to shares in
CARBIOS in any country.
About Hündgen Entsorgungs GmbH & Co. KG
As a modern structured family business, Hündgen Entsorgungs GmbH & Co. KG offers
a maximum of entrepreneurial flexibility. Adjustments to changing ecological or
economic conditions can be implemented directly. On the one hand, this
guarantees a high ecological standard in terms of environmental protection. On
the other hand, a good customer service can be guaranteed in the sense of the
entrepreneurial objectives by targeted personal approach and consultation in all
disposal questions.
Thus, in addition to the transport of waste, recyclable materials and mixtures
of recyclable materials, their sorting and also the marketing and utilization of
secondary raw materials in international trade are among the fields of activity
of Hündgen Entsorgungs GmbH & Co. KG. Planning and development of innovative
disposal and recycling concepts for trade and industry as well as consulting and
cooperation with national and international institutes and local authorities
complete the wide range of services.
www.huendgen-entsorgung.de (http://www.huendgen-entsorgung.de) | LinkedIn
(https://www.linkedin.com/company/huendgen-entsorgung/) | Facebook
(https://www.facebook.com/huendgen.entsorgung/)
For additional information, please contact:
Relations
Relations Presse Relations Presse Presse
CARBIOS (France) (U.S) (DACH & UK)
Melissa Flauraud Iconic Rooney Partners MC Services
Aurélie AKNIN /
Relations Presse Clémence NAIZET Kate L. Barrette Anne-Hennecke
carbios@mc-
melissa.flauraud@carbios carbios@iconic.f kbarrette@rooneyco.c services.eu
.com r om (mailto:carbios
(mailto:Melissa.flauraud (mailto:carbios@ (mailto:kbarrette@ro @mc-
@carbios.com) iconic.fr) oneyco.com) services.eu)
+33 (0)6 +49 (0)211
+33 (0)6 30 26 50 04 68 28 21 78 +1 212 223 0561 529 252 22
Benjamin Audebert
Relations Investisseurs
contact@carbios.com
(mailto:contact@carbios.
com)
+33 (0)4 73 86 51 76
HÜNDGEN ENTSORGUNGS GmbH
& Co. KG
Marc Schönn
Relations Presse
m.schoenn@huendgen-
entsorgung.de
+49 (0) 2255 9430 60
Disclaimer on forward-looking statements and risk factors:
This press release contains forward-looking statements, not historical data, and
should not be construed as a guarantee that the facts and data stated will
occur. These forward-looking statements are based on data, assumptions and
estimates considered reasonable by CARBIOS. CARBIOS operates in a competitive
and rapidly evolving environment. It is therefore not in a position to
anticipate all risks, uncertainties or other factors that may affect its
business, their potential impact on its business or the extent to which the
materialization of a risk or combination of risks could lead to results that
differ significantly from those mentioned in any forward-looking statement.
CARBIOS draws your attention to the fact that forward-looking statements are in
no way a guarantee of its future performance and that its actual financial
position, results and cash flows and the development of the sector in which
CARBIOS operates may differ significantly from those proposed or suggested by
the forward-looking statements contained in this document. In addition, even if
CARBIOS' financial position, results, cash flows and developments in the
industry in which it operates are consistent with the forward-looking
information contained in this document, such results or developments may not be
a reliable indication of CARBIOS' future results or developments. Readers are
advised to carefully consider the risk factors described in the Universal
registration document filed with the French Market Authority ("AMF"), as well as
in the half-year financial report available free of charge on the Company's
website. Should all or any part of these risk factors materialize or others, in
no case whatsoever will CARBIOS be liable to anyone for any decision made or
action taken in conjunction with the information and/or statements in this press
release or for any related damages. This information is given only as of the
date of this press release. CARBIOS makes no commitment to publish updates to
this information or on the assumptions on which it is based, except in
accordance with any legal or regulatory obligation applicable to it.
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