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Carbios announces new joint venture to build first PET biorecycling plant in China

Company Fundamentals
22 Jun 2026
Na
View Source
Bullish
pluang ai news

Carbios held its Annual General Meeting on June 18, 2026, where shareholders approved all resolutions with over 87% support. The company announced a joint venture with Wankai to form Kaibio Biotechnology Co. Ltd, which will build and operate the first PET biorecycling plant in China under a licensing agreement. Carbios retains ownership of its technology patents and plans to expand its licensing model to other regions, aiming to create sustainable economic value. The company focuses on enzymatic recycling technologies for plastics and textiles, collaborating with major brands to promote circular economy solutions.

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FLSmidth repurchases 62,200 shares under its DKK 1 billion buy-back program in June 2026

FLSmidth repurchases 62,200 shares under its DKK 1 billion buy-back program in June 2026

FLSmidth & Co. A/S continued its share buy-back program initiated on 18 May 2026, repurchasing 62,200 shares between 15 and 19 June 2026 at an average price around DKK 508-514 per share. The total value of these transactions was approximately DKK 31 ...

Company Fundamentals
Neutral
24 minutes ago
Carbios approves all AGM resolutions and announces joint venture for PET biorecycling plant in China

Carbios approves all AGM resolutions and announces joint venture for PET biorecycling plant in China

Carbios held its Annual General Meeting on June 18, 2026, with 27.72% shareholder participation. All resolutions were approved with over 87% support. The company announced the creation of Kaibio Biotechnology Co. Ltd, a joint venture with Wankai to b...

Company Fundamentals
Bullish
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Global smart greenhouse market to hit $5.75B by 2035, driven by climate-resilient farming and AI tech.

Global smart greenhouse market to hit $5.75B by 2035, driven by climate-resilient farming and AI tech.

The global smart greenhouse market, valued at $2.3 billion in 2025, is projected to grow to $5.75 billion by 2035 with a CAGR of 9.72%. Growth is fueled by rising demand for climate-resilient agriculture, AI-powered crop optimization, and sustainable...

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Global hyperpigmentation treatment market to reach $2.85B by 2035, growing at 6.5% CAGR driven by advanced therapies.

Global hyperpigmentation treatment market to reach $2.85B by 2035, growing at 6.5% CAGR driven by advanced therapies.

The global hyperpigmentation treatment market, valued at $1.52 billion in 2025, is projected to grow to $2.85 billion by 2035 at a CAGR of 6.5%. Growth is fueled by rising consumer awareness of skin aesthetics, increasing cases of pigmentation disord...

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Sanofi appoints Paulo Fontoura as new Global Head of R&D to drive innovation and pipeline growth.

Sanofi appoints Paulo Fontoura as new Global Head of R&D to drive innovation and pipeline growth.

Sanofi has named Paulo Fontoura as its new Executive Vice President and Global Head of Research & Development Pharma, effective September 1, 2026. Fontoura brings over 25 years of experience in medicine and pharmaceutical innovation, having held seni...

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