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.