French biochemistry company Carbios has collaborated with Thailand-based petrochemical firm Indorama Ventures to build a bio-recycled polyethylene terephthalate (PET) manufacturing plant. Located at Indorama’s PET production site in Longlaville, France, the manufacturing plant will open in 2025. The bio-recycling PET project is expected to require an investment of around €150m (8.
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7m) for Carbios’ core technology, which includes a further purification stage. An additional investment of €50m will also be earmarked for preparing infrastructure at the site.
PET offers significant advantages (weight, durability, versatility) compared to alternative materials, making it a widely used polymer in the packaging and textile sectors.
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As they have a short lifespan, almost all PET products marketed are transformed into waste, making PET a priority target for recycling. In 2017, the global market for PET bottles, packaging, and films represented around 24 million tonnes with an annual growth rate of 3.4%. For PET fibers (textiles, rugs, carpets, pillows, duvets, etc.
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), production represented 42 million metric tons, up by 6% per year. These production levels could reach over 30 and 67 million tonnes respectively in 2025.
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