Clermont-Ferrand, 10 December 2018 – (FR0004177046 METEX), METabolic EXplorer (METEX), an industrial biochemical company that develops, markets and operates industrial fermentation processes, has announced the removal of a condition precedent with the delivery by the prefect of the Moselle department of the Environmental Operating Permit (prefectoral order n° 2018 – DCAT-BEPE 265 of 10 December 2018). This prefectoral order follows on the recommendation of the Departmental Council for the Environment and Health and Technological Risks (Conseil Départemental de l’Environnement, des Risques Sanitaires et Technologiques – CODERST) of the Moselle department at its meeting on 4 December 2018.
Antoine Darbois, Corporate Secretary of METEX, said: “We have just taken an essential step in making the industrialisation of our PDO/BA in France possible. We are now organising the final meetings to sign with the stakeholders of the platform, lease agreements and contracts linked to this prefectoral order. These signatures and the closing of agreements with Bpifrance should take place very soon. We will then be ready to write a new chapter in the METEX story with the official launch of METEX NØØVISTA.”
As a reminder, METabolic EXplorer (METEX) and Bpifrance, via its SPI (Société de Projets Industriels) fund signed definitive agreements in July for the financing of METEX NØØVISTA. The closing of these agreements is planned before the end of 2018.
About METabolic EXplorer – www.metabolic-explorer.com
A pioneer in industrial biochemistry with some 20 years of experience, METabolic Explorer (METEX) develops alternative solutions to the petrochemical processes used in manufacturing.
Using renewable raw materials, it develops innovative industrial fermentation processes to produce competitive chemical compounds used in basic products of everyday life such as animal nutrition and health additives, plastics, textiles, cosmetics, and resins, among many others.
The company’s ambition with its biotechnological innovations is to produce consumer goods in a different way, without oil, in order to meet consumers’ new societal expectations and the objectives of the energy transition and sustainable development.
To create these innovative processes, METabolic EXplorer relies on a 70-person staff possessing the complementary competencies essential at every step of their development, from the optimization of biochemical catalysts in the laboratory to the industrial validation and production of samples in an industrial demonstration unit in continuous operation.
Based at the Clermont Limagne technology park, near Clermont-Ferrand, METabolic Explorer is listed on Euronext in Paris (Compartment C, METEX) and is included in the CAC Small Index.
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