CARBIOS and Zhink Group in discussions for an industrial partnership in China

The French company CARBIOS and the Chinese group Zhink have started official discussions for a long-term partnership. The objective is to develop industrial PET biorecycling capacities in China. An initial licensing agreement would target the processing of 50,000 tonnes of PET waste per year.

This partnership would allow Zhink to position itself as a leader in the production of recycled PET thanks to the enzymatic recycling of CARBIOS. CARBIOS technology is designed to depolymerize plastic waste into virgin quality products without the use of solvents.

For CARBIOS, this agreement marks a key step in its expansion into the Chinese market and in the implementation of its licensing model. China, the world's leading producer of PET, constitutes a strategic market for the French company.