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Carbios launches r-PET commitment in the tire market

$ALCRB (-4.78%)


Carbios has signed a multi-year supply agreement with Indorama Ventures. The French biotech company will supply biorecycled monomers from its future plant in Longlaville. Indorama processes these into r-PET filaments, which Michelin uses to reinforce its tires.


🔹 Strategic move: Entering the market for industrial textile reinforcements

🔹 Technology: High-quality enzymatic recycling of complex PET

🔹 Partner: Indorama Ventures as global polyester leader; Michelin as end user


Carbios thus opens up a new industrial sales channel and strengthens its goal of high-quality recycling of PET waste.

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Rocket launches
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Uuuund to the moon!
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6 EUR entry price. 10x is in at some point and I won't touch the thing for that long ;) if they go bankrupt, then at least I have loss carryforwards 🥹
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