CARBIOS signs its first biorecycled PET sales contracts with two global cosmetics leaders

Core Insights - CARBIOS has signed its first multi-year offtake contracts with L'ORÉAL and L'Occitane en Provence for biorecycled r-PET from its upcoming commercial plant in Longlaville, marking a significant step in its strategy to industrialize biological technologies for plastic recycling [1][5]. Company Developments - The contracts with L'ORÉAL and L'Occitane confirm the demand for recycled and recyclable PET from enzymatic recycling, aligning with the brands' circularity and quality objectives for packaging [2][5]. - CARBIOS aims to achieve its sales and supply targets, expressing confidence in signing additional contracts for its Longlaville site soon [3][5]. - The company’s biorecycling demonstration plant has been operational since 2021, and construction of the world's first industrial biorecycling plant is expected to restart between June and September 2025, pending additional funding [4]. Industry Context - The partnership with CARBIOS is seen as a decisive step for L'Occitane en Provence in enhancing circularity in packaging, reflecting a broader commitment to reducing environmental impact within the industry [3]. - The contracts highlight the growing market for high-quality, recycled PET derived from enzymatic recycling, indicating a shift towards sustainable practices in the packaging industry [2][5].