Cyclezyme (CYCLE) Investor Update summary

Market and regulatory drivers

• Global plastic production is set to triple by 2060, with only 9% of packaging plastics currently recycled, leading to significant environmental and health costs.

• Stricter EU regulations require increasing recycled content in packaging and textiles, driving demand for advanced recycling solutions.

• Producers are now responsible for the full lifecycle of plastic products, impacting multiple sectors and increasing the need for efficient recycling technologies.

Technology and innovation

• Developed enzyme technology that breaks down PET plastics into high-quality monomers without pre-treatment, enabling true circularity.

• The process is energy-efficient, environmentally friendly, and effective on hard-to-recycle plastics like colored, multilayer, and textile-based PET.

• Enzyme targets only polyester polymers, allowing recycling of plastics previously considered non-recyclable and opening broad market potential.

Commercialization and business model

• Initial focus on packaging and textiles, with proven enzyme performance and clear business models.

• Collaborations with major recycling and environmental technology firms are underway, with a scalable model based on enzyme and license sales per ton of recycled plastic.

• Break-even is achievable with relatively small-scale plants, and the global PET and polyester recycling market is vast.