CARBIOS: NEW PATENTS GRANTED IN EUROPE AND JAPAN
CARBIOS (Euronext Growth Paris: ALCRB), a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced the grant of new patents by the European Patent Office (EPO) and the Japanese Patent Office (JPO) for the company’s proprietary process of biorecycling polyethylene terephthalate (PET) plastic waste.
These European (EP 2,922,906 B1) and Japanese (JP 6449165) patents are a true acknowledgment of CARBIOS’ PET recycling innovation – a biotechnological process that enables, from a mixture of plastic waste, the depolymerization of PET into its original components (monomers). These monomers can then be reused to manufacture new, 100% recycled products such as bottles and packaging.
These patents, filed in November 2013, are the first delivered in Europe and Japan for this innovative method of recycling PET plastics. In addition, CARBIOS currently holds 127 titles worldwide representing 32 patent families, six of which protect the recycling process and seven related to PET-degrading enzymes.
The US, Europe and Japan represent a significant share of the overall PET market, accounting for 42% of global consumption (29.4 Mt) and 11% of production (7.9 Mt). These deliveries complement the open market opportunities CARBIOS sees globally and confirms the innovative nature of its research.
CARBIOS’ recycling technology opens the path to a truly circular economy in the treatment of post-consumer plastics and fibers. The Company recently achieved a world first by producing PET bottles from 100% recycled plastics. CARBIOS’ enzymatic approach, which runs at limited heat and at atmospheric pressure in water could significantly increase global plastic recycling rates.