CARBIOS, a pioneer in the development and industrialization of biological technologies aimed at reinventing the life cycle of plastics and textiles, announces the signing of the first multi-year offtake contracts with L'ORÉAL and L'Occitane en Provence for biorecycled r-PET from its future commercial plant in Longlaville.
These commercial contracts confirm the demand of world leaders for recycled and recyclable PET from enzymatic recycling that allows them to meet both their circularity and quality objectives for their packaging.
With the signing of these contracts, CARBIOS is taking a step forward in the execution of its strategy, thus achieving its Announcement of the signing of the first contracts in the first half of 2025.
“The signing of these first two commercial contracts with L'ORÉAL and L'Occitane en Provence, demanding leaders, marks a key milestone for CARBIOS, validating the brands' demand and confirming the existence of an established market for r-PET from enzymatic recycling. We are now in a strong dynamic of achieving our sales and supply objectives, which makes us confident in the signing of other contracts for our future Longlaville site in the near future. Our commitment to the success of our future plant is stronger than ever,” says Vincent Kamel, Managing Director, CARBIOS.
“This contract with CARBIOS underlines our willingness to collaborate with innovative players in PET recycling to create a circular economy. We congratulate CARBIOS on this step of industrial scale-up for their enzymatic recycling solution; This is a key milestone for the packaging industry,” comments Jacques Playe, Director of Packaging Development, L'ORÉAL.
“The partnership we are establishing with CARBIOS marks a decisive step for L'Occitane en Provence, in our commitment to greater circularity of our packaging. It demonstrates the continuation and acceleration of our commitment to reducing our environmental impact. Today, alongside CARBIOS, we are implementing a common desire: to build a high-performance European sector to promote the transition to a circular economy for plastics,” David Bayard, Packaging R&D Director, L'Occitane en Provence.