Context

Carbios is a French green chemistry company dedicated to the development of industrial bioprocesses for the bio-recycling and biodegradation of plastic polymers.

Carbios has developed enzymatic processes for polymer degradation, allowing broad applications that include infinite bio-recycling for polyethylene terephthalate (PET) polymers as well as biodegradation for polylactic acid polymers (PLA). Carbios’ mission is to provide an industrial solution to the recycling of plastic and textile products made from PET, which is the predominant polymer in bottles, trays and textiles made of polyester.

A consortium comprising L’Oréal, Nestlé Waters, Suntory Beverage, PepsiCo and Carbios was created in 2019 to promote Carbios’ unique “infinite recycling” PET technology.

Proceeds of the EUR 114m offering will mainly be used to finance construction of a first-of-its-kind 100% PET recycling facility with capacity for 40K tonnes per year, with construction starting in end 2022.

About Carbios

Carbios, a green chemistry company, develops biological and innovative processes representing a major innovation in the end of life of plastics and textiles. Through its unique approach of combining enzymes and plastics, Carbios aims to address new consumer expectations and the challenges of a broader energy transition by taking up a major challenge of our time: plastic and textile pollution.

Established in 2011 by Truffle Capital, the mission of Carbios is to provide an industrial solution to the recycling of PET plastics and textiles (the dominant polymer in bottles, trays, textiles made of polyester). The enzymatic recycling technology developed by Carbios deconstructs any type of PET plastic waste into its basic components which can then be reused to produce new PET plastics of a quality equivalent to virgin ones. This PET innovation, the first of its kind in the world, was recently recognized in a scientific paper published in the prestigious journal Nature. Additionally, Carbios is working hand in hand with multinational brands — like L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe — to implement its technology, and to lead the transition toward a truly circular economy.

The company has also developed an enzymatic biodegradation technology for PLA (a bio sourced polymer) based single use plastics. This technology can create a new generation of plastics that are 100% compostable in domestic conditions, integrating enzymes at the heart of the plastic product. This disruptive innovation has been licensed to Carbiolice, a joint venture created in 2016, in which Carbios now holds a majority stake alongside the SPI fund operated by Bpifrance.

Discover Carbios

Olivier Garnier

Investment Banking

Olivier Garnier photo

Olivier Beaudouin

Investment Banking

Olivier Beaudouin photo

Pierre Kiecolt-Wahl

Equity Capital Markets

Pierre Kiecolt-Wahl photo

Christophe Alleman

Equity Capital Markets

Cosme Rosellini

Equity Capital Markets

Cosme Rosellini photo

Pierre Sertour

Equity Capital Markets

Pierre Sertour photo

Camille Dubroc

Equity Capital Markets

Camille Dubroc

Deal Team

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