Carbios SAS (COOSF)
Carbios SAS operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Clermont-Ferrand, AR, FR. The stock last traded at $7.11, up 0.00% on the session, giving a market capitalisation of $120.0M. On trailing twelve-month figures it carries a trailing P/E of -3.46, a net margin of -1105.3%. Its beta of 1.52 implies it has historically moved more than the broad market.
Carbios SAS, a French green chemistry firm, specializes in developing industrial bioprocesses for the biodegradation and biorecycling of polymers. Its core innovations encompass EVANESTO, an enzymatic biodegradation solution tailored for single-use plastics derived from polylactic acid (PLA), and a separate enzymatic process for recycling polyethylene terephthalate (PET). Additionally, Carbios offers PLA, which is a biosourced and biodegradable plastic polymer, and converts plastic waste into new plastic materials. The company also distributes its products globally. Carbios SAS maintains a development agreement with Novozymes, focusing on the production of enzymes essential for recycling PET plastics and fibers. Founded in 2011, the company is headquartered in Saint-Beauzire, France.
Carbios SAS is most often compared with the following Basic Materials names: