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L’Oréal Takes A Stake In Carbios

June 26, 2019: 12:00 AM EST

Carbios, a French company focusing on enzymatic bioprocesses to improve the lifecycle of plastics, has received investment from L’Oréal, through its recently-launched BOLD Business Opportunities for L’Oréal Development corporate venture capital fund. Carbios is developing technology to recycle a broader range of PET plastics and polyester fibers to create virgin-quality PET. Other companies in the Consortium include Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe. [Image Credit: © CARBIOS]
"L’Oréal invests in biotech through a minority stake in Carbios", L’Oréal , June 26, 2019, © L’Oréal
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