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The final gross amount of the capital increase (issue premium included) is € 141 million and results in the issue of 5,558,695 new sharesThe capital increase was subject to total demand of approximately €173 million, i.e. a subscription rate of 141.2% (of which 90.7% on an irreducible basis)Full exercise of the exte...
July 5, 2021 CLERMONT-FERRAND, France — July 5, 2021 — Carbios, a company pioneering new enzymatic solutions to reinvent the lifecycle of plastic and textile polymers, announced today the nomination of Mieke Jacobs, Vincent Kamel, BOLD, Business Opportunities for L’Oréal Development and Michelin Ventures to its Board of Directors, and the nomination of Lise Lucchesi and Vanina Varlamoff to its Executive Committee. The appointments of Mieke Jacobs and Vincent Kamel further strengthen Carbios’ Board of Directors. Their strategic vision, as well as their deep knowledge of the polymers a...
Photo Credit: Stock.adobe Tire manufacturer Michelin and recycling technology supplier Carbios, both headquartered in France, have partnered in what’s being called a major step towards developing 100 per cent sustainable tires. According to Michelin, it has successfully tested and applied Carbios’ enzymatic recycling process for PET plastic waste, in order to create a high tenacity tire fibre that meets the tire-giant’s technical requirements. Carbios’ enzymatic recycling process uses an enzyme capable of depolymerizing the PET contained in various plastics or textiles (bottles, trays...
Michelin to incorporate recycled plastic for its tyres 7 May 2021 10:41 am / 2 comments Michelin’s big goal is to become a 100% fully sustainable tyre manufacturer by 2050, and it has just tested and validated the use of a high tenacity fibre that is made from recycled plastic. The new material was derived from Carbios’ enzymatic recycling process for petroleum-based PolyEthylene Terephthalate (PET) plastic waste, a new innovative way of recycling all types of PET waste. Carbios, a company pioneering bio-industrial solutions to give reinvent the lifecycle of plastic and textile polym...
Sounds like a good plan When one hears the name 'Michelin' you either think of performance car tires or really expensive restaurants. What you don't think about is carbon neutrality, global warming, and environmental causes. Well, the French tire company is looking to change that perception. Michelin last year developed the world's first carbon-neutral tire called the e.Primacy that has started rolling out to global markets, but the company wants to go one step further by removing harmful plastics from the environment, and more specifically, by manufacturing tires out of recycled plastic bott...