Carbios has entered into a long-term commercial agreement with Indorama Ventures, a global leader in PET production. This partnership involves the supply of biorecycled monomers from Carbios' PET recycling facility located in Longlaville, France. Indorama Ventures will convert these monomers into r-PET filaments, which will then be used by Michelin Group in the production of tyres.

This deal is a key part of Carbios' efforts to prepare for the commercial launch of its upcoming industrial plant. It comes shortly after the company signed its first sales agreements for biorecycled PET with two major global cosmetics companies.

“This agreement with Indorama Ventures represents another important step in bringing our industrial plans to life,” said Vincent Kamel, CEO of Carbios. “It shows the confidence that both Indorama Ventures and Michelin have in our PET biorecycling technology. In addition to our recent success in cosmetic packaging, this deal highlights our ability to provide advanced solutions for demanding industries, including tyre manufacturing and textiles.”

“Incorporating enzymatically recycled r-PET into our tyres is a meaningful milestone on our path to using only renewable and recycled materials by 2050,” added Fabien Gaboriaud, Michelin Group’s director of circularity and sustainable materials.