nestlé waters, pepsico and suntory beverage & food europe join consortium founded by carbios and l’oréal to support the - pet plastic
Nestlé, PepsiCo and Suntory Beverage and Food Europe joined the consortium created by Carbios and L'Oreal, to support the world's first enzyme technology for recycling plastics * team of key global players to improve the recyclability of PET plastic products * biotechnology has fundamentally changed the way PET plastic is recycled * consortium is designed to help cycle plastic economy becomes an industrial reality
Regulatory news on April 29, 2019: Carbios represents the consortium ,(Paris:ALCRB)
A company that pioneered new biotechnology
Reshaping industrial solutions for the life cycle of plastic and textile polymers, L'Oreal, the global beauty leader, is pleased to announce the establishment of an amajor partnership with Nestle, Pepsi and Suntory Beverage and food companies.
Carbios has developed a unique sustainable technology using high specific enzymes that can recover a wider range of PET plastic and polyester fiber raw materials compared to other recycling technologies.
This innovative process will recycle the PET, equivalent to the original PET, which can be used in bottles and other forms of packaging.
Carbios and L'Oreal have previously established the consortium to bring the enhanced recycling technology designed and developed by CARBIOS to market on an industrial scale.
Nestle, Pepsi and Suntory Beverage and Food are committed to supporting sustainability through innovative solutions, and they are joining the consortium to help support recycled plastics using carbios's breakthrough enzymes
Based on enhanced recycling technology.
According to four terms-
In this year's agreement, the consortium partner's goal is to bring carbios's pet
Promote enhanced recycling technology to the market and improve high availability
High quality recycled plastic for sustainable development commitment.
The cooperation includes technical cooperation and support for the effective supply of consumers.
Grade 100% recycling PETplastics for global markets.
Carbios has developed an innovative process that can break PET plastic waste into original building blocks for the production of high
High quality pet plastic.
This patented technology provides the potential for repeated recycling of PETplastics and paves the way for 100% of recycled PET content in new products.
In fact, Carbios recently used its enzyme technology to make PET bottles from 100% recycled plastics, achieving world number one.
This biological method can handle all forms of PET plastics (
Transparent, color, opaque and multi-layer)
This process requires a limited amount of heat and pressure or solvent, which improves its impact on the environment and also provides a competitive solution for improving the global plastic recovery rate.
By leveraging waste plastics and fibers to create a circular economy, carbios's enhanced recycling technology presents a sustainable and responsible solution. Jean-
Claude lumaré, CEO of Carbios, explained, "We are pleased that welcomenestl Waters, Pepsi and Suntory drinks and food Europe joined our consortium created with L'Oreal.
Their contribution will accelerate our common goal and help industrialize our recycling technology, which brings a breakthrough solution to the treatment of plastic waste.
Philip toveen, vice president of packaging and development
The president of L'Oreal noted, "We believe that, in addition to the mechanical and chemical recycling that helps achieve our 2025 goal, carbios's technology is a new step forward: 50% of our products plastic parts are recycled or biologicalsourced.
We know that by working with our partners, we will succeed in creating a more sustainable world based on the principles of circular economy.
Massimo Casella, head of research and development for Nestlé Waters, added, "We are pleased to join this consortium to support the development of this new technology.
It can help us achieve Nestlé's goals, increase the number of recycled PETcontent in bottles without affecting quality, and contribute to the creation of an environment sustainable world for the next generation.
Simon Loden, president of PepsiCo's global food, added, "PepsiCo is working to build a world where plastics will never be waste.
To achieve this, it is important to work together to drive change throughout the packaging lifecycle.
The consortium provides us with an opportunity to accelerate the development of this promising enzyme recycling technology that, in addition to mechanical and chemical recycling, can bring us closer to the recycling economy of plastics.
Roberto Wanning, chief R & D officer of Suntory Beverage and Food Europe, concluded, "solving global problems of plastic waste requires large-scale ecological planning, innovative thinking and investment in new fields --
We are pleased to work with Carbios to drive real action on plastic waste.
Their innovative method of Enzyme recovery reflects our desire to actively seek development in Suntory Beverage and Food Europe --
Think about solutions to address today's challenges and ensure a sustainable future.
"About Carbios: Carbios is a green chemical company whose innovations offer solutions to the environmental and sustainability issues that manufacturers are currently facing.
Since its establishment in 2011, the company has developed two types of industrial equipment
The scale biological process of polymer biological decomposition and recovery.
These unique innovations help optimize the performance and life cycle of plastics and textiles by leveraging the properties of specially selected enzymes.
The economic growth model of Carbios is based on
Through a direct licensing agreement or a joint venture, sell its products, enzymes, technology, and biological processes to key participants in their areas that benefit most.
To this end, Carbios established a joint venture with limagrain céréales ingrdients and the SPI fund operated by Bpifrance in 2016, Carbiolice.
The company, which has a controlling share of Carbios, will sell the first technology licensed by Carbios by producing enzyme particles for the production of biodegradable and biodegradable
Since its inception, Carbios has been supported by European investment firm Truffle Capital.
According to Bpifrance, Carbios is eligible to become an "innovation company", which makes the company's shares eligible for inclusion in innovation
Mutual fund (FCPIs).
For more information, please visit: www. carbios.
FrCarbios is also eligible to be included in the SME share savings account (PEA-PMEs).
About L'Oreal: L'Oreal has been committed to beauty for more than 100 years.
The group has a unique international portfolio of 36 different and complementary brands with sales of £ 26.
In 2018, it was 9 billion euros, with 86,000 employees worldwide.
L'Oreal is the world's leading beauty company with presence in all distribution networks such as mass market, department stores, pharmaceutical and pharmacy, hair salon, tourism retail, brand retail and e-commercecommerce.
At the heart of L'Oreal's strategy is research and innovation, as well as a dedicated research team of 3,993 people dedicated to meeting the beauty aspirations of the world.
For more information: Learn more about L'Oreal Sustainable Packaging action: about Nestlé Waters: Nestlé waters have been providing health to consumers around the world with its purestform since 1992
It is the world's largest bottled water company designed to inspire people to change their hydration habits and choose water.
That's why Nestlé's strategic focus is to encourage families to enjoy more water and nature.
Work with local communities to protect shared water resources, develop innovative plastic solutions, and help reduce the impact on the environment.
As an integral part of Nestlé Group, Nestlé Waters operate in a responsible manner to create sustainable common value for the company and our community.
Nestlé operates in more than 30 countries and employs more than 30,000 employees.
Unique combination of more than 50 international and local brands including Nestle pure life, PERRIER, S.
Sales of PELLEGRINO, POLANDSPRING, VITTEL, BUXTON and ERIKLI are almost CHF 8 billion (7. 9bn)in 2018.
About Pepsi: Pepsi products are enjoyed by consumers more than 1 billion times a day in more than 200 countries and regions around the world.
Pepsicogen created a net income of more than $64 billion in 2018, which was generated by including Frito-
Coke, Quaker and Tropicana.
Pepsi's portfolio includes a range of delightful foods and beverages, including 22 brands, with an estimated annual retail sales of more than $1 billion.
Guiding Pepsi is our vision to become a global leader in facilitating food and beverages through purposeful wins.
"Winning purposefully" reflects our ambition to win sustainably in the market and embed our goals in all aspects of the business.
For more information, please visit. pepsico. com.
About Suntory drinks and food in Europe: Suntory drinks and food in Europe (SBFE)
One of Japan's five major regions.
Headquartered in Suntory Group, the world's third-largest beverage company.
We are proud to be part of our family.
With its inspiring 120-
We follow the founding spirit of Torii.
SBFE is composed of 3,800 passionate people who work in business units across Europe and run very iconic brands, including Schweppes, Orangina, Lucozade, ri triNa and Sunny D promise to produce great products
Try a healthier drink.
Everything we do is a promise from our Izu to ikiuru.
We believe in balance.
Nature is at the heart of our work, and we work every day to ensure that future generations inherit and enjoy a healthy planet.
For more information about our company, this press release does not constitute and cannot be considered to constitute an offer to the public, an offer to sell or an offer to subscribe, or as an offer to solicit a purchase and sale order in any country.
Translation for information purposes only.
If the French version of this press release is inconsistent with the English version, the French version shall prevail.
View the source version on business wire.
Contact: CarbiosBenjamin AudebertInvestor contact @ carbios. fr+33 (0)
4 73 86 51 76 Media Relations (Europe)
Implement RPCaroline Carmagnolcarbios @ izerp. com+33 (0)
1 44 54 36 66 Media Relations (U. S. )
Partner Wayne Rooney.
Barrettekbarrette @ rooneyco.
Com 1 212 223 0561 media contact L'Oreal Pany Carson-
Carsonparker @ lorealcom+33 (0)
1 47 56 76 71 The Media contacted the director of Nestle's foreign exchange center.
Dahlstrom @ waters. nestle. com+33 (0)
1 41 23 45 00 media contact Pepsi. ratner@pepsico.
Com 1 914 253 3817 media contact SBFEMichelle normanexternal director of external affairs and sustainability michelle.
Norman @ lrsuntuk.