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CARBIOS and Wankai New Materials have signed a binding agreement on the main principles of a collaboration to deploy CARBIOS' PET biorecycling technology in Asia, starting with a plant in China with a processing capacity of 50,000 tonnes of PET waste per year. Construction is expected to start in Q1 2026.
“The two Groups have reached a binding agreement on the main principles of their collaboration, with a view to deploying a capacity of one million tonnes in the long term.”carbios.com
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