GlobeNewsWire
02 Jun 2026, 15:45 UTC · 2h ago
Update on the Carbios - Wankai project in China
- ALCRB
- biotechnology
- capital increase
- china
- circular economy
- industrial project
- partnership
- pet recycling
- plastic recycling
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GlobeNewsWire
02 Jun 2026, 15:45 UTC · 2h ago
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Story key points
3 claims · impact-rated
The commissioning of Carbios' first PET biorecycling plant in China has been postponed to H1 2028. — Significant delays in the first industrial-scale deployment of the core technology in a major market typically trigger negative investor sentiment regarding execution risk.
-0.60Wankai's €5 million capital increase subscription to Carbios has been postponed from H1 2026 to by December 31, 2026. — A delay in a strategic partner's capital infusion is generally viewed as a negative signal regarding immediate financial commitment or project momentum.
-0.40Carbios ended fiscal year 2025 with a cash position of €59 million, sufficient to cover operating expenses beyond the next 12 months. — Strong liquidity provides a buffer against the operational delays and reduces the immediate risk of insolvency or desperate fundraising.
+0.30Ticker attribution
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The company postponed the commissioning of its first PET biorecycling plant in China to 2028 and delayed a planned capital increase.
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