CARBIOS Enters r-PET Tire Textile Market
- CARBIOS signed a multi-year agreement with Indorama Ventures for r-PET production.
- Recycled monomers will be produced at CARBIOS' Longlaville plant.
- Indorama Ventures will transform monomers into filaments for Michelin tires.
- This agreement follows CARBIOS' recent contracts with global cosmetics leaders.
Agreement Overview
CARBIOS has entered a multi-year commercial agreement with Indorama Ventures, a leader in polyester production. This partnership involves the supply of biorecycled monomers from CARBIOS' Longlaville plant, which Indorama Ventures will convert into r-PET filaments for use in Michelin tire reinforcements.
Technological Advancements
CARBIOS utilizes enzymatic PET recycling technology to produce monomers from complex PET waste. This innovative approach allows for the creation of high-performance materials, contributing to the development of sustainable industrial fabrics.
Strategic Developments
This agreement marks a significant step in the pre-commercialization phase of CARBIOS' Longlaville site. It follows the company's recent sales contracts with two global cosmetics leaders, highlighting the growing interest in biorecycled PET across various industries.
Source: Carbios