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2 results
14.04.2023

Carbios presents its 2022 Annual Results

Carbios, a compnay in the development and industrialization of biological technologies for reinventing the life cycle of plastics and textiles, announces its operating and financial results for the year 2022. The financial statements as of December 31, 2022, were approved by the Company’s Board of Directors at their meeting on April 5, 2023.

Carbios, a compnay in the development and industrialization of biological technologies for reinventing the life cycle of plastics and textiles, announces its operating and financial results for the year 2022. The financial statements as of December 31, 2022, were approved by the Company’s Board of Directors at their meeting on April 5, 2023.

  • Project to build, in France, the world’s first PET biorecycling plant: Progress in line with 2025 unit commissioning target6
  • Excellent results from the demonstration plant validating the industrial scale-up of Carbios technology
  • Carbios licensing documentation ready for worldwide industrial and commercial deployment
  • Long-term exclusive strategic partnership with Novozymes to ensure supply of enzymes at industrial scale for the Reference Unit and all future licensee plants
  • Creation of fiber-to-fiber consortium with On, Patagonia, Puma, PVH Corp., and Salomon
  • CE-PET research project successfully completed
  • Participation in WhiteCycle project co-funded by Horizon Europe and coordinated by Michelin
  • Publication of scientific articles in the prestigious Biophysical Journal and in Chemical Reviews
  • Carbios hosts world’s first PET Biorecycling Summit
  • Carbios publishes first Sustainability Report and outlines objectives for environmental, social and governance (ESG) initiatives
  • Carbios joins Ellen MacArthur Foundation’s circular economy network
  • €30 million European Investment Bank loan drawn down in 2022
  • Group’s cash position of €101 million as of December 31, 2022
More information:
Carbios plastics life cycle Recycling
Source:

Carbios

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29.09.2022

CISUTAC: New European innovation project on circular & sustainable textiles

Launched this September, the new Horizon Europe project CISUTAC will support the transition to a circular and sustainable textile sector. As part of a consortium of 27 partners working on the project, TEXAID will among others support the project with sorting, disassembly and repair trials.

The production and consumption of textile products continue to grow, together with their impact on the environment, due to a lack of reuse, repair and recycling of materials. Quality, durability, and recyclability are often not being set as priorities in the design and manufacturing of clothing (EU Strategy for Sustainable and Circular Textiles, March 2022).  

CISUTAC aims to remove current bottlenecks in order to increase textile circularity in Europe. The objective is to minimise the sector’s total environmental impact by developing sustainable, novel, and inclusive large-scale European value chains.  

Launched this September, the new Horizon Europe project CISUTAC will support the transition to a circular and sustainable textile sector. As part of a consortium of 27 partners working on the project, TEXAID will among others support the project with sorting, disassembly and repair trials.

The production and consumption of textile products continue to grow, together with their impact on the environment, due to a lack of reuse, repair and recycling of materials. Quality, durability, and recyclability are often not being set as priorities in the design and manufacturing of clothing (EU Strategy for Sustainable and Circular Textiles, March 2022).  

CISUTAC aims to remove current bottlenecks in order to increase textile circularity in Europe. The objective is to minimise the sector’s total environmental impact by developing sustainable, novel, and inclusive large-scale European value chains.  

The project will cover most parts of the textile sector by working on two material groups representing almost 90% of all textile fibre materials (polyester, and cotton/cellulosic fibres), and focusing on products from three sub-sectors experiencing varying circularity bottlenecks (fashion garments, sports and outdoor goods, and workwear).  

CISUTAC will follow a holistic approach covering the technical, sectoral and socio-economic aspects, and will perform three pilots to demonstrate the feasibility and value of:

  • Repair and disassembly
  • Sorting (for reuse and recycling)
  • Circular garments through fibre-to-fibre recycling and design for circularity

To realise these pilots, the consortium partners will:

  • Develop semi-automated workstations
  • Analyse the infrastructure and material flows
  • Digitally enhance sorting operations (for reuse and recycling)
  • Raise awareness among the consumers and the textile industry

As part of the CISUTAC consortium, TEXAID, will conduct different trials of sorting, repair, and disassembly, and be active in the LCA and Standardisation work packages.

More information:
CISUTAC Texaid European project reuse fibre-to-fibre textile recycling
Source:

TEXAID Textilverwertungs-AG

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