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An update from Carbios SA ( (FR:ALCRB) ) is now available.
Carbios has announced an update on its share capital and voting rights, an essential step for transparency and regulatory compliance. This update reflects the company’s continued focus on industrializing its innovative biotechnological solutions, emphasizing the importance of their expansion plans for a biorecycling plant set to resume construction between June and September 2025, contingent on securing additional funding. This development signifies Carbios’s commitment to advancing its role in the circular economy and reinforces partnerships with leading industry players.
More about Carbios SA
CARBIOS is a biotechnology company specializing in enzyme-based biological processes to transform the life cycle of plastics and textiles. The company aims to combat plastic and textile pollution through innovative technologies focused on biorecycling PET and biodegrading PLA. CARBIOS collaborates with major brands in cosmetics, food, and clothing industries to enhance product recyclability and has established a packaging consortium with prominent companies like Nestlé Waters and PepsiCo.
YTD Price Performance: -12.16%
Average Trading Volume: 1,513
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $110.4M
Learn more about ALCRB stock on TipRanks’ Stock Analysis page.
