CARBIOS and Wankai New Materials sign JV for PET biorecycling plant in China

CARBIOS and Wankai New Materials signed a definitive shareholders' agreement for a joint venture to build and operate a PET biorecycling plant in Haining, China, with a capacity of 50,000 tons of PET waste. Construction is expected to begin Q1 2026, with commissioning targeted by Q1 2027. The plant investment is estimated at €115 million.

“The two companies have signed on 2 December 2025 the shareholders’ agreement for their joint venture, dedicated to the construction and operation of a first PET biorecycling plant in China, with a processing capacity of 50,000 tons of PET waste.”live.euronext.com

• 1 source
• live.euronext.comCARBIOS and Wankai New Materials sign the definitive agreement establishing a strategic partnership to the large-scale deployment of CARBIOS’s PET biorecycling technology in AsiaDec 2, 2025

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