REG-TotalEnergies SE TotalEnergies and Plastic Omnium Sign a Strategic Partnership to Accelerate Development of Recycled Plastic Materials in the Automotive Industry

TotalEnergies SEAnnouncement

08/12/2021 13:35

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TotalEnergies and Plastic Omnium Sign a Strategic Partnership to Accelerate
Development of Recycled Plastic Materials in the Automotive Industry

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Plastic Omnium have signed
a strategic partnership that will see them join forces to design and develop
new plastic materials, made from recycled polypropylene, which meet the
demanding aesthetic and safety standards that apply to the automotive
industry.

TotalEnergies and Plastic Omnium will pool their innovation and engineering
skills to design new types of recycled materials that offer enhanced
performance and are better for the environment while providing deliverable
responses to the challenges raised by end-of-life plastics. These new
materials, containing 20% to 100% recycled materials sourced from industrial
and domestic waste streams, have a CO2 impact as much as six times lower than
using virgin materials.

The use of plastics in automotive bodywork plays a key role in cutting the
automotive industry’s carbon emissions. They make it easier to improve
aerodynamic performance and reduce the overall weight of vehicles, helping in
turn to cut the amount of fuel used by internal combustion vehicles and
increase the autonomy of electric vehicles.

Valérie Goff, Senior Vice President, Polymers at TotalEnergies says: “This
partnership with Plastic Omnium is a great example of collaboration and
innovation to develop ever-higher and environmentally friendly recycled
plastic materials that help our OEM and vehicle manufacturer customers to
reduce their carbon footprints. This project will also contribute to
addressing the challenge of the circular economy and to our ambition of
producing 30% recycled and renewable polymers by 2030.”

Stéphane Noël, President and CEO of Plastic Omnium Intelligent Exterior
Systems, adds: “Recycling plastic materials is a challenge to us as
manufacturers, and a vital issue for our planet. This exciting partnership
paves the way to providing responses that are better integrated and more
environmentally friendly, reflecting our customers’ and suppliers’ carbon
neutrality goals. This is absolutely central to a strategic partnership that
seeks to support the far-reaching transformation the industry is currently
undergoing.”

***

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 105,000 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.

@TotalEnergies
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About Plastic Omnium

Plastic Omnium has supported change in the automotive industry for the past 75
years. As the transformation toward sustainable mobility accelerates, Plastic
Omnium is leveraging its entrepreneurial spirit and innovation-led culture to
design and produce complex and interactive body systems as well as systems for
emission reduction and energy storage. Sustained investments in hydrogen since
2015 have developed a comprehensive range of hydrogen storage vessels, fuel
cells and systems. These assets and innovations position Plastic Omnium as a
partner of choice for every stakeholder in clean mobility.

With revenue of €7.7 billion in 2020, a global network of 135 plants and 25
R&D centers located close to its customers, the 31,000 women and men of
Plastic Omnium are committed to meeting the challenges of net-zero mobility.

Plastic Omnium is listed on Euronext Paris, compartment A, is eligible for the
Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60
indices (ISIN code: FR0000124570). www.plasticomnium.com
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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.
TotalEnergies SE has no liability for the acts or omissions of these 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 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).

TotalEnergies Contacts

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

Plastic Omnium Contacts

Media Relations: Myriam Malak myriam.malak@plasticomnium.com
(mailto:myriam.malak@plasticomnium.com)

Investor relations: Kathleen Wantz-O’Rourke
investor.relations@plasticomnium.com
(mailto:investor.relations@plasticomnium.com)



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