CARBIOS enters r-PET market for tire textile filaments

CARBIOS has signed a multi-year commercial agreement with Indorama Ventures, a global leader in PET production. This agreement covers the supply of biorecycled monomers from its Longlaville plant, which will be transformed into r-PET filaments by Indorama Ventures and then integrated by Michelin into the manufacturing of its tires.
 
A strategic commitment to turn complex PET waste into high-performance materials. 
Thanks to its enzymatic PET recycling technology, CARBIOS will produce monomers from complex PET waste at its future industrial site in Longlaville. Indorama Ventures will handle the repolymerization and production of technical filaments. Michelin will use these innovative materials in its tire reinforcements. 
 
A new milestone in the pre-commercialization of the Longlaville plant. 
This commercial agreement is part of the pre-commercialization momentum of CARBIOS’ future industrial site, just weeks after signing the first sales contracts for biorecycled PET with two global cosmetics leaders.
 
Vincent Kamel, CEO of CARBIOS: “This commercial agreement with Indorama Ventures marks a new step in the realization of our industrial project. It confirms the trust of Indorama Ventures and Michelin in our PET biorecycling technology. Alongside the commercial successes already achieved in cosmetic packaging applications, this agreement illustrates our ability to deliver innovative solutions to the most demanding industries, particularly industrial filaments for tire applications and, more broadly, textile.”