Total Commences Production at La Mede Biorefinery
July 03 2019 - 2:52AM
Dow Jones News
By Patrick Costello
Total SA (FP.FR) said Wednesday that it has started production
at the La Mede biorefinery in southeastern France, the final step
in the conversion of a former oil refinery into a new energies
complex.
The project was launched in 2015 and represents a capital
expenditure of 275 million euros ($310.5 million), the French
energy major said.
Following the conversion, the complex at La Mede now encompasses
a biorefinery with a capacity of 500,000 metric tons of biofuel per
year, an 8-megawatt solar farm, a unit to produce 50,000 cubic
meters of the AdBlue additive annually, a logistics and storage hub
and a training center, Total said.
The complex will produce both biodiesel and biojet fuel for the
aviation industry and was specifically designed to process all
types of oil, it added.
Write to Patrick Costello at patrick.costello@dowjones.com.
(END) Dow Jones Newswires
July 03, 2019 02:37 ET (06:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
TOTAL (NYSE:TOT)
Historical Stock Chart
From Aug 2024 to Sep 2024
TOTAL (NYSE:TOT)
Historical Stock Chart
From Sep 2023 to Sep 2024