AFYREN Chooses Thailand for Its Second Biobased Organic Acids Plant, Entering a Partnership Project With Mitr Phol, a Global Leader in the Sugar Industry

CLERMONT-FERRAND, France & LYON, France & BANGKOK–(BUSINESS WIRE)–Regulatory News:

AFYREN (ISIN: FR0014005AC9, ticker: ALAFY), a greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, and Mitr Phol, a Thai company that is a leading producer of cane sugar and its derivatives, announced the signature of a Letter Agreement for the purpose of establishing a biorefinery in Thailand.

The signing took place in the presence of Mr. Olivier Becht, French Minister Delegate to the Minister of Europe, and Khun Warawan Chitaroon, Director General of The Office of Industrial Economics, Ministry of Industry, Thailand, highlighting the support of both French and Thai governments for this strategic project.

“This project is a major step forward in AFYREN’s development. With this…