REG-TotalEnergies SE TotalEnergies’ Cray Valley Affiliate Sells Three Product Lines to Pacific Avenue Capital Partners

TotalEnergies SEAnnouncement

11/04/2023 11:00

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TotalEnergies’ Cray Valley Affiliate Sells Three Product Lines to Pacific
Avenue Capital Partners

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has accepted an offer from
Pacific Avenue Capital Partners for the acquisition of three product lines
(Wingtack®, PolyBD® and Dymalink®) developed by Cray Valley, its resin
production and sales affiliate. The transaction includes four production sites
in the United States, the Cray Valley Italy affiliate and the portfolio of
customers.

The transaction will allow Cray Valley to focus on its global specialty C4 and
pure-monomer resin businesses which will continue to be developed by
TotalEnergies. Production of the Ricon®, Krasol® and Cleartack® resins will
continue at Carling (France), in accordance with the commitments made when the
site was restructured in 2013, Grand Junction (US) and Kralupy (Czech
Republic).

***

About Cray Valley

TotalEnergies’ Cray Valley affiliate is a global supplier of specialty
chemical additives, hydrocarbon specialty chemicals, and liquid or solid
tackifying resins used to make adhesives, rubbers, polymers, coatings and
other materials. As a pioneer in the development of these advanced
technologies, Cray Valley has already brought hundreds of
performance-enhancing products to market for demanding applications in a range
of sectors (energy, printing, packaging, construction, tires, electronics,
etc.). Cray Valley’s European headquarters, at the Carling Saint-Avold
platform, is home to its customer service, a research and development center,
and production units. For more information, visit www.crayvalley.com
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.

For more information, visit www.crayvalley.com
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About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as many people
as possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
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 TotalEnergies SE
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. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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