L´ORÉAL INVESTS IN BIOTECH THROUGH A MINORITY STAKE IN CARBIOS
(WorldNews Africa)

L`ORÉAL INVESTS IN BIOTECH THROUGH A MINORITY STAKE IN CARBIOS Clichy, 26 June 2019 - L`Oréal has participated in the capital increase conducted by Carbios, a company pioneering new, bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers. This participation was done through L`Oréal`s corporate venture capital fund BOLD Business Opportunities for L`Oréal Development, launched in December 2018. With this operation Carbios will finance, amongst other elements, the industrial demonstrator for the biorecycling of plastics and polyester fibers in PET plastic, a first step towards industrializing the technology it has designed. Carbios has developed a unique and...