Carbios SA ( (FR:ALCRB) ) has provided an update.
Carbios, a leader in biological recycling technologies, has updated its share and voting rights information as of February 28, 2025. The company is advancing its biorecycling technologies to industrial scale, with plans to restart construction on a new plant later in 2025, contingent on additional funding. This progress underscores Carbios’s commitment to sustainability and its strategic partnerships with major global brands.
More about Carbios SA
CARBIOS is a biotech company focused on developing and industrializing biological solutions to transform the lifecycle of plastics and textiles. The company utilizes enzyme-based processes to promote plastic and textile recycling, aiming to reduce pollution and support a circular economy. CARBIOS has been recognized for its scientific contributions and collaborates with major brands in various industries to enhance product recyclability.
YTD Price Performance: -11.62%
Average Trading Volume: 1,065
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $110.5M
Find detailed analytics on ALCRB stock on TipRanks’ Stock Analysis page.