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CARBIOS postpones construction of Longlaville PET biorecycling plant

23Dec

CARBIOS postpones construction of Longlaville PET biorecycling plant

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CARBIOS has delayed its PET biorecycling plant construction in Longlaville by 6-9 months due to pending non-dilutive funding, targeting market readiness by 2027.
With ~$96.51 million cash reserves, CARBIOS aims to secure financing and control expenses, ensuring liquidity.
Interim CEO Philippe Pouletty announced strategic adjustments amid ongoing commercial discussions.

​CARBIOS has delayed its PET biorecycling plant construction in Longlaville by 6-9 months due to pending non-dilutive funding, targeting market readiness by 2027.
With ~$96.51 million cash reserves, CARBIOS aims to secure financing and control expenses, ensuring liquidity.
Interim CEO Philippe Pouletty announced strategic adjustments amid ongoing commercial discussions. 

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