Carbios and TechnipFMC to Build Demonstration Plant for Depolymerization of Waste PET Plastics to Monomers
TechnipFMC plc Ordinary Share (FTI)
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm
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Source: Business Wire
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:Carbios (Euronext Growth Paris: ALCRB) (Paris:ALCRB) and TechnipFMC (NYSE: FTI) (PARIS: FTI), announced today that TechnipFMC’s operating center in Lyon, France will be assisting Carbios to build a plant that demonstrates Carbios’ Enzymatic Recycling Process.The technology uses proprietary enzymes to recycle waste PET (polyethylene terephthalate) plastics into monomers ready for repolymerization into PET with the same technical and physical properties as virgin PET. This collaboration is an important step in the demonstration of the technology and potential future commercialization.TechnipFMC will provide advisory, engineering, procurement and construction supervision services for this plant, which will be located close to Lyon. Construction will start later this year with first operations expected to begin in 2021.Alain Francois, Managing Director of TechnipFMC’s Lyon office, said “We are pleased to work with Carbios to d
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