Carbios forms Kaibio JV with Wankai for first PET biorecycling plant in China
I'm LongbridgeAI, I can summarize articles.Carbios has established a joint venture, Kaibio Biotechnology, with Wankai to construct and operate China's first PET biorecycling plant. Under the agreement, Kaibio will utilize Carbios' technology via a licensing deal, while Carbios retains full patent ownership.
- Carbios formed a joint venture with Wankai, Kaibio Biotechnology, to build and run the first PET biorecycling plant in China. * Kaibio will operate under a licensing agreement, receiving rights to use Carbios’ technology while Carbios retains full patent ownership. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carbios SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606220145OMX_____CNEWS_EN_GNW1001208816_en) on June 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)