Under the terms of this Letter of Intent, Carbios and Kem One have defined the principles that will guide their collaboration over the next six months in the prospect of the implementation of a PET biorecycling demonstration plant on KEM ONE’s industrial site in Saint-Fons. Carbios undertakes to study the construction of its demonstration plant on Saint-Fons site. Kem One undertakes to make its best efforts to mobilize all stakeholders and assist Carbios in defining the conditions for the provision of land, main utilities and required services, and in its procedures involving public authorities.
Upstream the construction of the demonstration plant, expected to start mid-2019, Carbios will be assisted and advised for the engineering study by its partner TechnipFMC, a world leading company in engineering and technologies.
