Carbios & Limagrain Cereales Ingredients form JV for bioplastics production

摘要

FROM 1 January 2017 onwards, via its Energy Transition and Green Growth Law, France will enforce the use of bio-sourced and biodegradable plastics for fruit & vegetable bags (35,000 tons per year) and other films. The joint venture Carbiolice shall address this challenge in the long term by continuing to develop biolice and industrializing technological innovation licensed by Carbios. Carbiolice is the product of a partnership between Carbios' innovative technology and Limagrain Cereales Ingredients' technical, industrial and commercial expertise acquired over more than 15 years in the bioplastics sector. Carbios is providing major innovation with its enzymatic technology which makes plastics biodegradable. Limagrain Cereales Ingredients is providing its expertise and existing production capacity for bioplastic granules, known under the brand name biolice. The SPI "Industrial Projects Company" investment fund, financed by the PI A Future Investments Program and run by Bpifrance, will round off the financial partnership to support the expansion of industrial production.