Plastics Recycling: Total Announces Plans to Double Its Capacity of Recycled Polypropylene for the Automotive Industry
October 22 2019 - 2:20AM
Business Wire
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has decided to double the
production capacity of its affiliate Synova to meet growing market
demand for high-performance recycled materials. By early 2021,
Normandy-based Synova, a French leader in its sector, will produce
40,000 tons per year of recycled polypropylene that meets the
demanding quality standards of automotive OEMs and carmakers.
“Among their many qualities, plastics help to reduce the weight
of everyday items, improving their energy efficiency, and to shrink
our carbon emissions. By developing the share of recycled raw
materials, we provide a concrete response to the challenge of
managing the end-of-life of plastics,” said Valérie Goff, Senior
Vice President Polymers at Total Refining & Chemicals. “This
investment, which consolidates the acquisition of Synova in early
2019, marks a new milestone in our circular economy activities and
contributes to our target of producing 30% recycled polymers by
2030 and Total’s ambition to be the responsible energy major.”
Total and end-of-life of plastics
Total is a founding member of The Alliance to End Plastic
Waste, an organization that brings together around 40 member
companies from across the plastics and consumer goods value chain.
They have committed over $1 billion, with the ultimate goal of
investing $1.5 billion, over the next five years to provide
solutions to eliminate plastic pollution in the environment,
particularly the oceans.
Total is working on all forms of recycling to develop
high-performance recycled polymers.
For example, the Group produces Circular Compounds®,
polypropylene and polyethylene containing at least 50% recycled
material, with the same properties as virgin grade polymers.
Total has also joined forces with Citeo, Saint-Gobain and
Syndifrais to create a polystyrene recycling channel in France by
2020. The feasibility of large-scale production will be validated
at the Group’s industrial sites in Carling (France) and Feluy
(Belgium).
Additionally, Total is a global leader in bioplastics.
The Total Corbion PLA joint venture owns a plant in Thailand with a
capacity of 75,000 tons per year of polylactic acid (PLA), a 100%
renewable-based bioplastic that is recyclable and
biodegradable.
Total has set a target of producing 30% recycled plastics by
2030.
* * * * *
About Total
Total is a major energy player that produces and markets fuels,
natural gas and low-carbon electricity. Our 100,000 employees are
committed to better energy that is safer, more affordable, cleaner
and accessible to as many people as possible. Active in more than
130 countries, our ambition is to become the responsible energy
major.
* * * * *
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”, “Total Group” and
Group are sometimes used for convenience. 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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