Clermont-Ferrand, 4 January 2016 – METabolic EXplorer, a biological chemistry company that specialises in developing manufacturing bioprocesses for bio-based compounds used in a wide range of everyday products, including textile fibres, animal feed supplements and resins, makes an update about the L-Methionine program progress. METabolic EXplorer confirme que les discussions en cours avec des industriels pour aboutir à la signature d’accords non-exclusifs pour la production d’une L-Méthionine 100% naturelle se poursuivent et ceci, dans de bonnes conditions. La société confirme que rien à ce stade ne vient compromettre la confiance dans la valorisation de sa technologie ainsi que le démontre la signature de lettres d’intention avec plusieurs partenaires. En revanche, les négociations inhérentes à ce niveau d’enjeux industriels avec des groupes internationaux impliquent des délais compréhensibles pour transformer ces lettres d’intention en accords liants les parties. METabolic Explorer reste confiante quant à l’issue positive d’au moins l’une de ces négociations.

 


About METabolic EXplorer- www.metabolic-explorer.com

METabolic EXplorer is a biological chemistry company which was incorporated in 1999. Its goal is to help industrial businesses deal with the rise in oil prices, so that they can continue their production, in a different, sustainable way. Based on the tried and tested principle of industrial fermentation, METabolic EXplorer’s solutions replace today’s petrochemical processes with the use of a wide range of plant-based raw materials. By optimizing the metabolic yield of non-pathogenic bacteria in a contained, controlled environment, the company facilitates the production of chemical compounds used in a wide range of everyday goods (textile fibres, plastics, resins, solvents or animal feed supplements). METabolic EXplorer is currently focusing its alternative processes on the production of three compounds that together have an estimated, annual, end-market value of €7 billion. The company’s strategy will be implemented through industrial partnerships in the shape of licenses and joint ventures, as well as own-account production units. METabolic EXplorer, based in Clermont-Ferrand, France, is listed on Euronext in Paris (Compartment C, METEX) and is part of the CAC Small index and EnterNext Tech40 label.

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ATTITUDE Corporate Eric de Lambert E-mail: edelambert@attitude-corporate.com Tél.: +33 (0)6 2529 0658

: +33 (0)6 2529 0658

Investor and analyst relations
ATTITUDE Corporate Eric de Lambert E-mail: edelambert@attitude-corporate.com Tél.: +33 (0)6 2529 0658

: +33 (0)1 5367 3678

ACTUS finance & communication Jérôme Fabreguettes-Leib Email :jfl@actus.fr Tél. : +33 (0)1 5367 3678 Disclaimer In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.