Top
image credit: Vecteezy

Carbios receives €30 million EIB loan for enzymatic recycling technology

December 21, 2021

Carbios, a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers and the European Investment Bank (EIB) announced the signing of a €30 million loan agreement supported by the European Commission InnovFin Energy Demonstration Programme.

The aim of this type of financing is to support high potential innovative projects developed by companies aiming to achieve transformative changes aligned with the EU Climate goals and contribute to the EU industry’s leadership in the development of sustainable technologies. Carbios fully meets these criteria with its world’s first enzyme-based processes, which have the potential to contribute to the plastic’s industry sustainability.

Read More on Waste Management World