- The project focuses on scaling CARBIOS' PET enzymatic recycling process to industrial levels.
- The global PET market grows 4-5% annually, with a current production of 64 million tons.
- In 10 years, PET production is expected to reach 100 million tons annually.
- TechnipFMC will provide bioprocess engineering and PET polymerization expertise.
Project Overview
CARBIOS and TechnipFMC have launched a project to industrialize CARBIOS' PET enzymatic recycling process. This innovation aims to produce virgin PET from plastic waste, enhancing industrial competitiveness and supporting sustainable development.
Market Context
The global PET market is growing at an annual rate of 4-5%, with current production at 64 million tons per year, valued at approximately $70 billion. This market is expected to reach 100 million tons annually within the next decade, equating to around $110 billion.
Technological Innovation
CARBIOS' process is designed to recycle various types of PET plastics, including bottles, films, and packaging. It addresses the limitations of current recycling methods by treating all kinds of PET-containing plastics and recovering high-performance virgin PET directly from waste. This biological process supports the principles of a circular economy by enabling infinite recycling of PET.
Collaboration Details
TechnipFMC will assist CARBIOS in scaling the process from laboratory to pilot scale, leveraging its expertise in bioprocess engineering and PET polymerization technologies through its German affiliate, Technip Zimmer. This collaboration aims to establish the industrial foundations for CARBIOS' innovative recycling technology.
