First Industrial Plant to Turn Waste into Chemicals Will Open in France

The French company Afyren has received up to €60M to commercialize a technology that uses bacteria to produce industrial chemicals from recycled plant waste instead of fossil fuels. Afyren takes sugars from the waste byproducts of agriculture, food, and other industries, and ferments the sugars into industrial chemicals using bacteria. With this new funding, the company plans to be the first to bring this technology to a commercial stage, including building its first manufacturing plant. Afyren will announce more details on its plans, including a new subsidiary, over the coming weeks.