Carbios and TechnipFMC to Build Demonstration Plant for Depolymerization of Waste PET Plastics to Monomers
TechnipFMC plc Ordinary Share (FTI)
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm
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Source: Business Wire
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:Carbios (Euronext Growth Paris: ALCRB) (Paris:ALCRB) and TechnipFMC (NYSE: FTI) (PARIS: FTI), announced today that TechnipFMC’s operating center in Lyon, France will be assisting Carbios to build a plant that demonstrates Carbios’ Enzymatic Recycling Process.The technology uses proprietary enzymes to recycle waste PET (polyethylene terephthalate) plastics into monomers ready for repolymerization into PET with the same technical and physical properties as virgin PET. This collaboration is an important step in the demonstration of the technology and potential future commercialization.TechnipFMC will provide advisory, engineering, procurement and construction supervision services for this plant, which will be located close to Lyon. Construction will start later this year with first operations expected to begin in 2021.Alain Francois, Managing Director of TechnipFMC’s Lyon office, said “We are pleased to work with Carbios to d
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News
- TechnipFMC plc (NYSE:FTI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- TechnipFMC plc (NYSE: FTI) had its price target raised by analysts at Barclays PLC from $33.00 to $34.00. They now have an "overweight" rating on the stock.MarketBeat
- TechnipFMC plc (NYSE: FTI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- TechnipFMC plc (NYSE: FTI) had its price target raised by analysts at TD Cowen from $30.00 to $32.00. They now have a "buy" rating on the stock.MarketBeat
- TechnipFMC plc (NYSE: FTI) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $30.00 price target on the stock.MarketBeat
FTI
Earnings
- 4/25/24 - Beat
FTI
Sec Filings
- 4/29/24 - Form 8-K
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- FTI's page on the SEC website