Green chemistry company CARBIOS has announced the signature of a Letter of Intent (LOI) with KEM ONE to implement a PET biorecycling demonstration plant in France.
Situated on KEM ONE’s industrial site in Saint-Fons, CARBIOS biorecycling technology will help bring a sustainable solution to discarded PET by creating a circular economy from used plastics and fibres.
This innovation will allow the use of waste plastics and fibres, instead of petrochemicals, to produce new virgin material, with no loss of quality, said the firms.
Under the terms of the LOI, the companies have defined the principles that will guide their partnership over the next six months.
CARBIOS will study the construction of its plant, while KEM ONE will aim to mobilise stakeholders and assist in defining the conditions for the provision of land, main utilities, required services and its procedures involving public authorities.
The construction of the plant is expected to start in mid-2019.
CARBIOS will be assisted and advised for the engineering study by its partner TechnipFMC.
KEM ONE site manager Alain Consonni said: “We are delighted to enter in such discussions with CARBIOS. Our industrial site, embedded in France’s birthplace of chemistry, is ideally placed to host innovative clean technologies. As a major player in the vinyl industry in Europe, we are deeply committed to promoting and developing solutions that addresses key environmental and societal challenges of our time.”
CARBIOS chief executive Jean-Claude Lumaret said: “With this ambitious project, we’ll reinforce our anchorage in the Auvergne Rhône-Alpes region. The economic vitality of the Chemical Valley and KEM ONE’s site at Saint-Fons seem perfectly suited for the scale-up and subsequent industrial demonstration of our innovative technology.
“Its organisation offers many industrial synergies with the pooling of services, equipment and resources. We are confident that our strategy will lead to a successful industrial roll-out of our biological solution for infinite recycling of PET plastics and fibres.”