CARBIOS (Euronext Growth Paris: ALCRB), announces the signing of two new multi-year commercial agreements with major players in beverage industry, for the supply of recycled PET (rPET).
The signing of these two new commercial agreements marks CARBIOS’s entry into a new strategic sector: beverages.
These new commercial agreements are part of the pre-commercialization process for CARBIOS’s future industrial site, bringing the current level of pre-sales to approximately 50% of the site’s maximum production capacity.
Negotiations are ongoing with other partners to reach a pre-commercialization level of 70% of the Longlaville site’s maximum capacity, a threshold constituting one of the conditions for obtaining additional non-dilutive funding necessary to resume construction of the Longlaville plant.
A regional grant of €12.5 million has also been signed, bringing the total amount of public funding already secured to €42.5 million.
Vincent Kamel, CEO of CARBIOS: “These new agreements confirm the robustness of our technology and the attractiveness of our offer for strategic sectors such as beverages. They also comfort our strategy of sector diversification.”
ALCHEMPro News Desk (HU)
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