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#Recycling / Circular Economy

CARBIOS is pleased that the European Commission has authorised the ‘Circular Economy’ State aid scheme

CARBIOS, (Euronext Growth Paris : ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, is pleased that the European Commission has authorised the ‘Circular Economy’ State aid scheme. This aid scheme, notified by France, is to support the chemical recycling of plastic waste. It is designed to promote investments in technologies for transforming plastic waste into new raw materials while reducing the industry's carbon footprint.

A positive step towards the payment of grant subsidies to CARBIOS for the construction of the Longlaville biorecycling plant, as part of the overall public and private funding

This approval paves the way to effective payment of the subsidies, totalling €42.5 million, for CARBIOS Longlaville plant. 

CARBIOS was selected by the French government to receive non-dilutive funding of €30 million under the France 2030 national ‘Plastics Recycling’ call for projects operated by ADEME, as well as €12.5 million from the Grand-Est Region. The implementation of this funding was conditional upon the European Commission's approval of the ‘Circular Economy’ State aid program. 

The authorisation granted by the European Commission should enable the final contractual agreements with the Grand Est Region and ADEME to be signed and the grant obtained to be implemented. At the same time, CARBIOS is continuing its discussions with private and public financial institutions likely to provide addtional financing for the project under favorable conditions.



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#Recycled Fibers

Carbios and Wankai postpone startup of China’s first PET biorecycling plant to 2028

The industrial deployment of enzymatic PET recycling in Asia is progressing, but at a slower pace than initially planned. French recycling technology company Carbios and its Chinese partner Wankai New Materials have announced that the commissioning of their planned PET biorecycling facility in Haining, Zhejiang Province, has been postponed and is now expected in the first half of 2028.

#Recycling / Circular Economy

Carbios confirms Longlaville plant in France following financing progress

Carbios has reaffirmed its plans to build its Longlaville plant in France within a project financing framework, targeting the start of production in the first half of 2028. The company also reports a solid cash position of around €60 million at the end of 2025 and has appointed Benoît Grenot as Deputy Chief Executive Officer to support the execution of its strategic projects.

#Recycled Fibers

CARBIOS and Wankai sign strategic PET biorecycling pact

CARBIOS (Euronext Growth Paris: ALCRB) and Wankai New Materials (“Wankai”), a listed subsidiary of Zhink Group, the 3rd largest PET producer in China and 4th worldwide, announce the signing of the definitive agreement establishing a strategic partnership for the industrial rollout of CARBIOS’s PET biorecycling technology in Asia. The first milestone will be the construction of a PET biorecycling plant in China.

#Recycled Fibers

CARBIOS and Wankai plan 1 million tonnes of PET biorecycling capacity in Asia

CARBIOS and Wankai New Materials, a subsidiary of Zhink Group, are committed to the large-scale deployment of CARBIOS’ PET biorecycling technology in Asia, with the first step being the construction of a PET biorecycling plant in China.

More News on Recycling / Circular Economy

#Recycling / Circular Economy

Non-refundable grant issued for R&D project ReNaTe

matterr is pleased to announce that the ReNaTe project has received funding approval from the European Regional Development Fund (ERDF) and the State of Lower Saxony.

#Recycling / Circular Economy

Creating a circular economy for fashion and textiles in the UAE

As the United Arab Emirates (UAE) accelerates its shift towards a circular economy, the Ellen MacArthur Foundation is working to co-design and deliver a national textiles circularity policy framework as part of the country’s wider Naseej initiative, a Presidential-level programme to create a circular economy for fashion and textiles.

#Recycling / Circular Economy

Indorama Ventures strengthens Packaging business through strategic circular PET partnership

Indorama Ventures Public Company Limited, a global sustainable chemical company, today announced a strategic partnership through Indovida, Indorama Ventures’ packaging business segment, with Suntory Holdings Limited, Suntory PepsiCo Beverage (Thailand) Co., Ltd. and Iwatani Corporation, to bring commercial-scale circular PET packaging to Thailand. The collaboration further strengthens Indorama Ventures’ downstream packaging platform while expanding its leadership in circular packaging solutions.

#Recycling / Circular Economy

Managed workwear services are providing a blueprint for the circular textile economy

Managed workwear service providers are demonstrating how commercial success and circularity can go hand in hand by extending garment lifespans through repair, laundering, reuse and recycling, according to “Managed workwear services—a circular textile economy ahead of the game”, a new 14‑page report from the global business information company Textiles Intelligence.

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#Textiles & Apparel / Garment

Texworld Apparel Sourcing Paris opens with focus on AI, circularity and new sourcing regions

More than 1,000 exhibitors from around the world are gathering at Paris-Le Bourget as Texworld Apparel Sourcing Paris opens its doors from August 31 to September 2. With around 500 textile manufacturers and a similar number of apparel and accessories suppliers, the trade fair reflects the ongoing transformation of global sourcing and the growing diversification of supply regions.

#Raw Materials

Brazil sets new cotton export record and consolidates global leadership

Brazil ended the 2025/26 commercial year with a new record, consolidating its position as the world’s largest cotton exporter. Between August 2025 and July 2026, the country shipped 3,373,941 tonnes of the fiber, 19% more than in the previous cycle, and reached record revenue of US$5.3 billion. The result represents a milestone in Brazil’s expansion in the international market and reinforces the country’s role as a strategic supplier to the global textile industry.

#Raw Materials

Better Cotton Initiative partners with Avalo in AI plant breeding for climate-resilient cotton

The Better Cotton Initiative (BCI) has partnered with agriculture solutions company Avalo, whose platform accelerates the speed at which plants with key resiliency traits may be developed.

#Man-Made Fibers

The LYCRA Company expands its co-creation vision through an immersive Lifestyle District at Intertextile Shanghai.

The LYCRA Company, a global leader in fiber and technology solutions for the apparel industry, is reimagining the trade show experience at Intertextile Shanghai Apparel Fabrics Autumn Edition, which opened today in China. Building on the success of last year's ALL IN concept, the company has expanded its co-creation vision into a 356-square-meter Lifestyle District featuring partners Jingzili New Material, JYT Textile, Lianxingfa Knitting, and Trend Textile. The district is part of a larger 895-square-meter pavilion showcasing a total of 19 co-exhibitors. Together, they demonstrate how innovations in fiber, fabric, and garments can be combined to create compelling solutions for both work and play.

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