Carbios SA Strategic Update Transcript
Hello. Welcome to the KBR Strategic Update 2023. I am very pleased to be with the Carbios leadership team to present you our updates on our strategy.
So we are facing a global challenge. Every year, we produce on earth 460 million tons of plastic, and this is a growing number. Most of this plastic is made from -- it's petrosourced from over 99%. And we have a key issue this plastic producer, huge quantity of waste. We estimate that there is over 350 million of waste, which is produced every year.
The vast majority of this plastic waste is not recycled today. Less than 10% of the plastic we use is actually recycled. Most of the plastic we use are non-food, incinerated, or unfortunately for 9 million tons, which is a huge quantity of plastics -- 9 million tons of plastics end up every year in the oceans or in the river. So it's time to act. It's time to do something positive for the planet.
The consumers are worried. The place pressed -- the plastic pollution at the civil and environmental issue after the climate change. And the vast majority of
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