REG-TotalEnergies SE TotalEnergies, Aramco and SABIC Complete MENA Region’s First Processing of Oil From Plastic Waste at Scale to Make Certified Circular Polymers

TotalEnergies SEAnnouncement

17/07/2023 13:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230717:nBw8sKz4fa&default-theme=true


TotalEnergies, Aramco and SABIC Complete MENA Region’s First Processing of
Oil From Plastic Waste at Scale to Make Certified Circular Polymers

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), Aramco and SABIC have for the
first time in the Middle East and North Africa successfully converted oil
derived from plastic waste into ISCC+ certified circular polymers. The plastic
pyrolysis oil, also called plastic waste derived oil (PDO), was processed at
the SATORP refinery jointly owned by Aramco and TotalEnergies, in Jubail,
Saudi Arabia. It was then used as a feedstock by Petrokemya, a SABIC
affiliate, to produce certified circular polymers.

The project aims to pave the way for the creation of a domestic value chain
for the advanced recycling of plastics to circular polymers in the Kingdom of
Saudi Arabia. The process allows the use of non-sorted plastics, which can be
difficult to recycle mechanically, and consequently contributes to solving the
challenge of end-of-life plastics.

A first milestone for the project was obtaining ISCC+ certification to assure
transparency and traceability of the recycled origin of feedstock and
products. Three industrial plants were involved in the process: SATORP
refinery, Aramco’s Ju'aymah NGL Fractionation Plant and Petrokemya. All
successfully obtained the ISCC+ certification, enabling the production of
circular materials.

Mohammed Y. Al Qahtani, Aramco’s President of Downstream, said: “This
achievement illustrates the importance of the petrochemical sector in creating
more sustainable products and solutions. Our aim is to create circular
solutions for plastic waste, while also making progress on our ambition to
achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across our
wholly-owned operated assets by 2050. By leveraging spare capacity of existing
infrastructure, we aim to produce circular products that could be scaled up at
low cost. Aramco is considering multiple ways of tapping into new technologies
and leveraging existing assets to support the deployment of circular, more
sustainable and lower-carbon products.”

Bernard Pinatel, President, Refining & Chemicals, TotalEnergies, said:
“This advanced plastic recycling initiative reflects TotalEnergies’
ambition to concretely contribute to addressing the challenge of end-of-life
of plastics. Several other circular economy projects are being studied,
leveraging the partners’ technical expertise and experience to further
contribute to plastics recycling. It is a major pathway towards
TotalEnergies’ target to produce 30% of circular polymers by 2030, and its
strategy to build a multi-energy company with the ambition to get to net zero
by 2050, together with society.”

Sami Al-Osaimi, SABIC EVP Petrochemicals (A), said: “SABIC is a national
champion in chemicals that supports Saudi Vision 2030, ensuring sustainable
future growth by focusing on environment, energy and climate. This project is
aligned with SABIC’s commitment to avoid landfill and incineration through
its innovation competencies and advanced technology. This project shows
collaboration across the petrochemical value chain to overcome upstream and
downstream challenges in circular plastics. To this end, SABIC recently
announced its target of one million metric tons of TRUCIRCLE ™ solutions by
2030, which intends to help provide our customers with more sustainable
solutions.”

SABIC and TotalEnergies are founding members of the non-profit organization
Alliance to End Plastic Waste (AEPW), which aims to bring collective
knowledge, resources and experience to address current waste management
challenges.

***

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 close to 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.

About Aramco:

Aramco is a global integrated energy and chemicals company. We are driven by
the core belief that energy is opportunity. From producing approximately one
in every eight barrels of the world’s oil supply to developing new energy
technologies, our global team is dedicated to creating impact in all that we
do. We focus on making our resources more dependable, more sustainable and
more useful. This helps promote stability and long-term growth around the
world. www.aramco.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.aramco.com&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=www.aramco.com&index=1&md5=decd9ccb590f2de3e1324e05af76dd8d)

About SABIC:

SABIC is a global diversified chemicals company, headquartered in Riyadh,
Saudi Arabia. It manufactures on a global scale in the Americas, Europe,
Middle East and Asia Pacific, making distinctly different kinds of products:
chemicals, commodity and high performance plastics, agri-nutrients and metals.
SABIC supports its customers by identifying and developing opportunities in
key end-use applications such as construction, medical devices, packaging,
agri-nutrients, electrical and electronics, transportation and clean energy.

@TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=%40TotalEnergies&index=2&md5=71f61d78ae77b9fdf1a11a6437947b5a)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=TotalEnergies&index=3&md5=d533eb30c28814d87b7122eede2d4d52)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=TotalEnergies&index=4&md5=693c05e1e35db8c26476bdda12fd22e1)
l TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=TotalEnergies&index=5&md5=be6fcbc0419f2ddc6dd5729a3aacc8c3)

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 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 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=%40TotalEnergiesPR&index=6&md5=4272160359d0ffe7089f796a3febedcc)

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

Aramco 

International Media Relations: international.media@aramco.com 
(mailto:international.media@aramco.com) 
@Aramco
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FAramco&esheet=53457453&newsitemid=20230717634355&lan=en-US&anchor=%40Aramco&index=7&md5=51724f7bb41f56ed2acd26d49343549a)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20230717634355/en/
(https://www.businesswire.com/news/home/20230717634355/en/)

Total


Copyright Business Wire 2023