Carbios (St-Beauzire, France) announced the signing of a multi-year commercial agreement with Indorama Ventures Ltd. (IVL; Bangkok, Thailand) covering the supply of biorecycled monomers from its Longlaville plant, which will be transformed into r-PET filaments by Indorama Ventures and then integrated by Michelin (Clermont-Ferrand, France) into the manufacturing of its tires.
Thanks to its enzymatic PET recycling technology, CARBIOS will produce monomers from complex PET waste at its future industrial site in Longlaville. Indorama Ventures will handle the repolymerization and production of technical filaments. Michelin will use these innovative materials in its tire reinforcements.
This commercial agreement is part of the pre-commercialization momentum of CARBIOS’ future industrial site, just weeks after signing the first sales contracts for biorecycled PET with two global cosmetics leaders.
“This commercial agreement with Indorama Ventures marks a new step in the realization of our industrial project. It confirms the trust of Indorama Ventures and Michelin in our PET biorecycling technology. Alongside the commercial successes already achieved in cosmetic packaging applications, this agreement illustrates our ability to deliver innovative solutions to the most demanding industries, particularly industrial filaments for tire applications and, more broadly, textile,” said Vincent Kamel, CEO of CARBIOS.
“This partnership is a tangible expression of our commitment to turning complex waste into high-performance materials. By integrating enzymatically recycled r-PET into our tires, we are marking a new milestone on our journey toward achieving 100% renewable and recycled materials by 2050 — all while staying within planetary boundaries. It is by combining innovation, industrial excellence, and close collaboration with trusted partners that we are building a strong and lasting circular model,” said Fabien Gaboriaud, Director of Circularity and Renewable & Recycled Materials at Michelin Group.
Renato Boaventura, Global Market Head Mobility at Indorama Ventures, confirms the long-standing relationship and close collaboration with Michelin on more sustainable solutions. “This alliance with both, CARBIOS and Michelin, underlines our commitment to plan ahead and take a leading role in shifting the industry towards circularity,” he said.