France: Total Inaugurates Its Revamped Carling Petrochemical Complex
May 11 2017 - 12:25PM
Business Wire
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has inaugurated its
revamped Carling – Saint-Avold petrochemical complex in eastern
France following three years of transformation works.
In September 2013, Total announced that it would adapt the
Carling site, investing close to €200 million to upgrade
existing facilities and build new, higher value-added units to
improve the site’s competitiveness. The Carling - Saint-Avold
complex has been turned into a leading polymer production site in
Europe.
“Announced in 2013, the Carling upgrade project has been
successfully completed” said Patrick Pouyanné, Chairman and Chief
Executive Officer of Total. “The complex has transitioned from a
site producing commodities facing intense competition to a high
value site aligned with market demand. In 2013, the Group pledged
to an ambitious adaptation plan for Carling, thereby securing the
future of all those concerned. I would like to thank the teams that
made this model evolution possible. I am proud to say that Total
has fulfilled its pledge.”
The adaptation of the Carling - Saint-Avold complex did not
involve layoffs or compulsory staff transfers. Each employee was
offered a personalized plan, such as transfers to other positions
within the Group, retirement or assistance to create their own
businesses.
The Carling - Saint-Avold Complex
Today
- A top-tier polymers site in
Europe: Polystyrene production capacity was increased to make
it Total’s leading site in Europe; the polyethylene unit was
upgraded to deliver advanced plastics (e.g. health care market);
and a unit was built to manufacture polypropylene compounds to meet
automotive market demand for innovative and lighter plastics to
replace steel and thereby make vehicles more fuel-efficient.
- Total’s European center for
hydrocarbon resins: The site now houses Cray Valley Europe
headquarters and R&D center, and it also serves as a logistics
hub; a new unit was built producing high valued-added RICON® and
KRASOL® resins offering exceptional adhesion, longevity and damping
properties; and finally, upgrade works were performed on a unit
producing premium odorless, transparent CLEARTACK® resins.
- To meet its commitments to
customers, Total invested in logistics to ensure the delivery
of ethylene and propylene after the steam cracker was shut down in
October 2015.
- To support local stakeholders,
the Group signed four agreements with the French authorities. Total
Développement Régional provided support to partner companies
impacted by the changes at the site. Total and other companies with
activities at the complex together created the Chemesis association
to improve competitiveness by sharing services and utilities and to
enhance the complex’s ability to attract new businesses.
* * * *
About Total
Total is a global integrated energy producer and provider, a
leading international oil and gas company, and a major player in
solar energy with SunPower and Total Solar. Our
98,000 employees are committed to better energy that is safer,
cleaner, more efficient, more innovative and accessible to as many
people as possible. As a responsible corporate citizen, we focus on
ensuring that our operations in more than 130 countries worldwide
consistently deliver economic, social and environmental benefits.
total.com
Cautionary note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total” and “Total Group”
are sometimes used for convenience where general references are
made to TOTAL S.A. and/or its subsidiaries. Likewise, the words
“we”, “us” and “our” may also be used to refer to subsidiaries in
general or to those who work for them.This document may contain
forward-looking information and statements that are based on a
number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be
inaccurate in the future and are subject to a number of risk
factors. Neither TOTAL S.A. nor any of its subsidiaries assumes any
obligation to update publicly any forward-looking information or
statement, objectives or trends contained in this document whether
as a result of new information, future events or otherwise.
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TotalMike SANGSTERNicolas FUMEXKim HOUSEGORomain
RICHEMONTTel. : + 44 (0)207 719 7962Fax : + 44 (0)207 719
7959orRobert HAMMOND (U.S.)Tel. : +1 713-483-5070Fax : +1
713-483-5629
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