Carbios SAS (ALCRB.PA)
Carbios SAS operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Clermont-Ferrand, AR, FR. The stock last traded at $6.99, down 0.43% on the session, giving a market capitalisation of $117.9M. Its beta of 1.55 implies it has historically moved more than the broad market.
Carbios SAS, a pioneering French green chemistry company, is at the forefront of developing industrial bioprocesses for the biodegradation and biorecycling of various polymers. Among its key innovations is EVANESTO, an enzymatic solution specifically designed to break down single-use plastics made from polylactic acid (PLA). The company also specializes in the enzymatic recycling of polyethylene terephthalate (PET). Furthermore, Carbios champions PLA, a biosourced and biodegradable plastic polymer widely employed in sectors like food packaging, disposable tableware, electronics, and medical applications. A fundamental objective is to transform plastic waste back into valuable, reusable plastic materials. Its innovative solutions are not limited to France but are also exported internationally. Notably, Carbios SAS maintains a crucial development agreement with Novozymes for the production of enzymes vital to recycling PET plastics and fibers. Established in 2011, Carbios SAS operates from its headquarters in Saint-Beauzire, France.
Carbios SAS is most often compared with the following Basic Materials names: