Carbios and Indorama Ventures : First-of-a-kind bio-recycled PET plant for France – Innovation in Textiles

Carbios and Indorama Ventures are partnering to build an enzymatic  PET bio-recycling production plant in Longlaville, Meurthe-et-Moselle, France, with a processing capacity of around 50,000 tons of post-consumer PET waste per year – the equivalent to 2 billion PET bottles or 2.5 billion PET trays.

The capital investment required for the project is expected to be around €150 million for Carbios core technology, with an estimated €50 million for the infrastructure preparation of the site.

In the coming months, Carbios expects to finalise strong non-dilutive financial support from French Government and from the Grand-Est Region, based on an offer already received from the French Minister of Industry, Agnès Pannier-Runacher and the President of Grand-Est Region, Jean Rottner.

Read the full article via this link :

https://www.innovationintextiles.com/firstofakind-biorecycled-pet-plant-for-france/