Latest news with #rPET
Yahoo
2 days ago
- Automotive
- Yahoo
CARBIOS enters the r-PET market for tire textile filaments
CARBIOS has signed a multi-year commercial agreement with Indorama Ventures, the world leader in polyester production. CARBIOS will supply recycled monomers that will be transformed into filaments by Indorama Ventures, intended for use in tire reinforcement for Michelin. This new commercial agreement highlights the interest of a new market—industrial fabrics—for high-quality r-PET derived from enzymatic (France), 21 July 2025 (17h45 CEST) – CARBIOS (Euronext Growth Paris: ALCRB) announces the signing of a multi-year commercial agreement with Indorama Ventures, the 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.' Fabien Gaboriaud, Director of Circularity and Renewable & Recycled Materials at Michelin Group: 'This partnership is a tangible expression of our commitment to turning complex waste into high-performance materials. By integrating enzymatically recycled r-PET into our tires, we are marking a new milestone on our journey toward achieving 100% renewable and recycled materials by 2050 — all while staying within planetary boundaries. It is by combining innovation, industrial excellence, and close collaboration with trusted partners that we are building a strong and lasting circular model.' Renato Boaventura, Global Market Head Mobility at Indorama Ventures, confirms the long-standing relationship and close collaboration with Michelin on more sustainable solutions. 'This alliance with both, CARBIOS and Michelin, underlines our commitment to plan ahead and take a leading role in shifting the industry towards circularity', he said. ### About CARBIOS:CARBIOS is a biotechnology company that develops and industrializes biological solutions to reinvent the lifecycle of plastics and textiles. Inspired by nature, CARBIOS designs enzyme-based biological processes to break down plastics, with the mission of preventing plastic and textile pollution and accelerating the transition to a circular economy. Its two innovative technologies—dedicated to PET biorecycling and PLA biodegradation—are currently scaling up to industrial and commercial levels. Its industrial demonstration plant for biorecycling has been operational since 2021, and construction of the world's first biorecycling plant is expected to resume in the second half of 2025, subject to securing the necessary additional funding. Founded in 2011 by Truffle Capital, CARBIOS has received major scientific recognition, including a cover feature in Nature and a second article published in the same journal. The company is supported by prestigious brands in the cosmetics, food, and apparel industries, aiming to improve the recyclability and circularity of their products. 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. CARBIOS is part of the global community of B Corp™ certified companies that are transforming their business models to serve the common good. Visit to learn more about biotechnology for circular plastics and textiles. LinkedIn : carbios / Instagram : insidecarbios Information on CARBIOS shares: ISIN Code: FR0011648716Ticker Code: Euronext Growth: ALCRBLEI: 969500M2RCIWO4NO5F08 CARBIOS, founded in 2011 by Truffle Capital, is eligible for the PEA-PME, a government program allowing French residents investing in SMEs to benefit from income tax rebates. About Indorama Ventures:Indorama Ventures PCL, listed in Thailand (Bloomberg: is one of the world's leading sustainable petrochemicals producers, with a manufacturing footprint serving local and regional customers across Europe, Africa, Americas, and Asia Pacific. Our ~25,000 employees reimagine chemistry to create safe, responsible materials that sustain life-critical industries, protect our planet, and improve the lives of billions of people. Our segments—Combined PET, Fibers, Indovinya, and Indovida—produce indispensable chemistry serving essential markets, including food & beverages, textiles, pharmaceuticals, home & personal care, automotive, and agrochemicals. The company's diverse businesses generated revenue of $15.4 billion in 2024. Indorama Ventures is listed in the Dow Jones Best-In-Class Indices, recognizing our ambition to lead change and shape a future where materials are more innovative and circular. | LinkedIn About Michelin: Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 129,800 people. 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, cash flows, its partnerships and corporate agreements, 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, its partnerships and corporate agreements, 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 also 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 occur 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. For additional information, please contact: CARBIOSLaura (0)6 46 44 04 79 CARBIOSBenjamin AudebertInvestor Relationscontact@ (0)4 73 86 51 76 Press Relations (DACH & UK)MC ServicesAnne Henneckecarbios@ (0)211 529 252 22 MICHELINHervé ErschlerPress (0)6 70 47 85 04 INDORAMA VENTURESTanja MolitorCommunicationtanja.m@ (0) 151 292 026 30 Attachment PR_Offtake_INDORAMA VENTURES_FINALError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Automotive
- Yahoo
CARBIOS enters the r-PET market for tire textile filaments
CARBIOS has signed a multi-year commercial agreement with Indorama Ventures, the world leader in polyester production. CARBIOS will supply recycled monomers that will be transformed into filaments by Indorama Ventures, intended for use in tire reinforcement for Michelin. This new commercial agreement highlights the interest of a new market—industrial fabrics—for high-quality r-PET derived from enzymatic (France), 21 July 2025 (17h45 CEST) – CARBIOS (Euronext Growth Paris: ALCRB) announces the signing of a multi-year commercial agreement with Indorama Ventures, the 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.' Fabien Gaboriaud, Director of Circularity and Renewable & Recycled Materials at Michelin Group: 'This partnership is a tangible expression of our commitment to turning complex waste into high-performance materials. By integrating enzymatically recycled r-PET into our tires, we are marking a new milestone on our journey toward achieving 100% renewable and recycled materials by 2050 — all while staying within planetary boundaries. It is by combining innovation, industrial excellence, and close collaboration with trusted partners that we are building a strong and lasting circular model.' Renato Boaventura, Global Market Head Mobility at Indorama Ventures, confirms the long-standing relationship and close collaboration with Michelin on more sustainable solutions. 'This alliance with both, CARBIOS and Michelin, underlines our commitment to plan ahead and take a leading role in shifting the industry towards circularity', he said. ### About CARBIOS:CARBIOS is a biotechnology company that develops and industrializes biological solutions to reinvent the lifecycle of plastics and textiles. Inspired by nature, CARBIOS designs enzyme-based biological processes to break down plastics, with the mission of preventing plastic and textile pollution and accelerating the transition to a circular economy. Its two innovative technologies—dedicated to PET biorecycling and PLA biodegradation—are currently scaling up to industrial and commercial levels. Its industrial demonstration plant for biorecycling has been operational since 2021, and construction of the world's first biorecycling plant is expected to resume in the second half of 2025, subject to securing the necessary additional funding. Founded in 2011 by Truffle Capital, CARBIOS has received major scientific recognition, including a cover feature in Nature and a second article published in the same journal. The company is supported by prestigious brands in the cosmetics, food, and apparel industries, aiming to improve the recyclability and circularity of their products. 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. CARBIOS is part of the global community of B Corp™ certified companies that are transforming their business models to serve the common good. Visit to learn more about biotechnology for circular plastics and textiles. LinkedIn : carbios / Instagram : insidecarbios Information on CARBIOS shares: ISIN Code: FR0011648716Ticker Code: Euronext Growth: ALCRBLEI: 969500M2RCIWO4NO5F08 CARBIOS, founded in 2011 by Truffle Capital, is eligible for the PEA-PME, a government program allowing French residents investing in SMEs to benefit from income tax rebates. About Indorama Ventures:Indorama Ventures PCL, listed in Thailand (Bloomberg: is one of the world's leading sustainable petrochemicals producers, with a manufacturing footprint serving local and regional customers across Europe, Africa, Americas, and Asia Pacific. Our ~25,000 employees reimagine chemistry to create safe, responsible materials that sustain life-critical industries, protect our planet, and improve the lives of billions of people. Our segments—Combined PET, Fibers, Indovinya, and Indovida—produce indispensable chemistry serving essential markets, including food & beverages, textiles, pharmaceuticals, home & personal care, automotive, and agrochemicals. The company's diverse businesses generated revenue of $15.4 billion in 2024. Indorama Ventures is listed in the Dow Jones Best-In-Class Indices, recognizing our ambition to lead change and shape a future where materials are more innovative and circular. | LinkedIn About Michelin: Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 129,800 people. 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, cash flows, its partnerships and corporate agreements, 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, its partnerships and corporate agreements, 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 also 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 occur 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. For additional information, please contact: CARBIOSLaura (0)6 46 44 04 79 CARBIOSBenjamin AudebertInvestor Relationscontact@ (0)4 73 86 51 76 Press Relations (DACH & UK)MC ServicesAnne Henneckecarbios@ (0)211 529 252 22 MICHELINHervé ErschlerPress (0)6 70 47 85 04 INDORAMA VENTURESTanja MolitorCommunicationtanja.m@ (0) 151 292 026 30 Attachment PR_Offtake_INDORAMA VENTURES_FINALSign in to access your portfolio
Yahoo
05-07-2025
- Business
- Yahoo
Regulatory wave sweeps Asia-Pacific's packaging industry
Emerging economies and developed nations across the Asia-Pacific region are introducing sweeping packaging regulations aimed at reducing plastic waste, improving food safety, and standardising sustainable packaging practices. From India's new standards for food-contact plastics to Singapore's far-reaching food safety legislation, these regulations reflect a decisive shift towards circularity and responsibility in packaging. As global supply chains increasingly rely on Asia-Pacific markets, understanding these regulatory developments is critical for brands, suppliers, and consumers alike. India's Bureau of Indian Standards (BIS) has taken a significant step by updating the nation's guidelines for food-contact plastics, permitting the use of recycled PET (rPET) in food packaging from March 2025. This move supports India's effort to reduce single-use plastics while tapping into a growing market for recycled materials. Allowing rPET in food packaging is expected to boost local recycling industries and address the mounting challenge of post-consumer plastic waste. The revised Indian Standard IS 12252:2025 outlines stringent safety measures for recycled plastics in direct food contact, including migration limits, testing protocols, and traceability requirements. This development positions India as one of the largest markets globally to sanction recycled plastics for food use. While companies embracing rPET can benefit from cost efficiencies and a reduced environmental footprint, they must comply with comprehensive documentation and quality controls. This approach is part of India's broader national strategy to phase out problematic plastic items, building on its 2022 ban on certain single-use plastics such as straws and cutlery. Countries across South-East Asia are rolling out or updating packaging regulations that aim to protect consumer health, reduce litter, and standardise packaging practices. In Indonesia, the National Standard SNI 8218:2024 for paperboard packaging became mandatory in July 2025, requiring all paperboard intended for food contact to meet new strength, chemical migration, and hygienic processing requirements. The move aligns with Indonesia's drive to tackle packaging waste and improve export competitiveness by adhering to international standards. Meanwhile, Singapore has introduced its Food Safety and Security Bill, passed in January 2025, which marks one of the region's most comprehensive overhauls of food-contact packaging regulations. The legislation gives regulators expanded authority over all materials used in food packaging, from plastics to bio-based alternatives, and sets the stage for phased implementation through 2028. The bill also mandates Extended Producer Responsibility (EPR) reporting for packaging, with producers required to disclose the types and volumes of packaging placed on the market as of March 2025. Thailand, too, is poised for change, with the Ministry of Industry planning to release new rules for food-contact paper packaging by the end of 2025. Although details remain under consultation, draft proposals include strict controls on chemical treatments used in greaseproof papers and new labelling requirements. This regulatory momentum across South-East Asia reflects a broader trend of governments recognising the crucial link between packaging safety, environmental sustainability, and consumer protection. The implementation of Extended Producer Responsibility schemes and stricter packaging material standards in Asia-Pacific are transforming the business landscape. By making producers financially and logistically responsible for the end-of-life management of packaging, EPR regulations encourage the adoption of eco-friendly packaging designs and closed-loop recycling systems. This model, already in place in parts of Europe, is increasingly viewed by Asian policymakers as a solution to both marine litter and overflowing landfills. Singapore's EPR reporting mandate is especially notable in a region where producer responsibility remains uneven. By requiring brands to account for their packaging footprint, the city-state's approach creates accountability and data transparency, which experts believe will accelerate the shift towards recyclable and reusable packaging. Indonesia's enforcement of standards such as SNI 8218:2024 also signals a growing expectation for uniformity and safety in packaging used for both domestic consumption and exports. Producers operating in multiple Asian markets will need to adapt to differing timelines and requirements while maintaining compliance with evolving global expectations on recyclability, food safety, and reduced environmental impact. Looking ahead, these regulations will not only shape packaging design choices but also influence supply chain strategies, investment decisions, and consumer perceptions. Stakeholders across Asia-Pacific must stay informed and agile to remain competitive in a region where regulatory frameworks are evolving rapidly. "Regulatory wave sweeps Asia-Pacific's packaging industry" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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Yahoo
18-06-2025
- Business
- Yahoo
COLDPLAY TO RE-RELEASE ALBUMS ON ECORECORDS MADE FROM PLASTIC BOTTLES
LONDON, June 18, 2025 /PRNewswire/ -- Continuing their sustainability mission, Coldplay are re-releasing all of their albums as clear 140g EcoRecords made from recycled plastic bottles, produced using injection-moulding technology which reduces carbon emissions during manufacture by an impressive 85% compared with traditional vinyl production. An EcoRecord sounds and looks as great as a traditional vinyl record, but it has been manufactured using 100% recycled polyethylene terephthalate (PET), a lightweight and durable material that is easily recyclable and designed for a circular economy, significantly contributing to reduced shipping emissions and end-of-life environmental impact. Each 140g injection-moulded LP is made from, on average, nine recycled PET plastic bottles. These bottles are recovered from consumers as part of a process known as post-consumer recycling (PCR), where they are cleaned, processed into small pellets and then molded into new items. While EcoRecords can be made using either virgin PET or recycled PET (rPET), Coldplay has chosen to use only rPET for all their EcoRecord products. This pioneering move follows the successful launch of the band's 10th album, Moon Music, last year, which was already released on 100% recycled PET EcoRecords, the world's first album released as a 140g EcoRecord rPET LP. Coldplay continues to lead the charge in making music more sustainable, building on efforts such as cutting the carbon footprint of their Music Of The Spheres World Tour by 59% to date. Jen Ivory, Managing Director, Parlophone, says: "We are incredibly proud to partner with artists such as Coldplay who share our commitment to a more sustainable future for music. The shift to EcoRecord LP for their releases is a testament to what's possible when innovation meets intention. It's not just about a new product; it's about pioneering manufacturing that significantly reduces environmental impact, providing fans with the same high-quality audio experience while setting a new standard for physical music production." Pre-orders are available from today, with the official release of all EcoRecords planned for 15th August. Albums being released on EcoRecord: Parachutes A Rush of Blood to the Head X&Y Viva la Vida or Death and All His Friends Mylo Xyloto Ghost Stories A Head Full Of Dreams Everyday Life Music Of The Spheres Images for media use Please note the records should be referred to as EcoRecords, records, or LPs - not as vinyl. Media Contact:Georgia View original content: SOURCE Warner Music Group Corp. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
