REG-TotalEnergies SE TotalEnergies Doubles its Recycled Plastic Production Capacity in France

TotalEnergies SEAnnouncement

01/10/2021 09:30

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TotalEnergies Doubles its Recycled Plastic Production Capacity in France

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has inaugurated the extension
of Synova in Normandy, the French leader in recycled polypropylene production.
TotalEnergies is therefore doubling its mechanical recycling production
capacity for recycled polymers, to meet growing demand for sustainable
polymers from customers, such as Automotive Manufacturer (Auto OEM) and the
construction industry.

Moving the circular economy forward

Plastics are essential to everyday life because of their many properties,
including lightness, which allows the automotive industry, for example, to
reduce the weight of vehicles and hence also fuel consumption and CO(2)
emissions. But plastics’ end-of-life is a crucial topic, which is why
TotalEnergies is actively involved in plastics recycling as part of its
circular economy approach.

In order to increase its mechanical recycling capacity, TotalEnergies acquired
in 2019 Synova, the French leader in the production of recycled polypropylene
derived from industrial waste plastics, household waste and car parts such as
bumpers.

With the installation of two new production lines, Synova will produce almost
45,000 tons of recycled polypropylene per year using mechanical recycling
methods, including one range containing fiber glass to produce components with
very high mechanical performance.

Valérie Goff, Senior Vice President Polymers at TotalEnergies' Refining &
Chemicals business segment, stated: "After announcing in 2020, at our
zero-crude platform at Grandpuits, the first chemical recycling plant and our
second bio-based and biodegradable plastic production plant, the Synova
extension has now doubled our mechanical recycling production capacity in
France. We are perfectly positioned to meet our customers' growing demand for
more efficient and environmentally friendly polymers, all the while providing
concrete answers to the challenge of managing end-of-life plastics. This
investment will contribute to our ambition for 2030 of producing 30% recycled
and renewable polymers.”

TotalEnergies and plastics recycling

TotalEnergies has the ambition of producing 30% recycled and renewable
polymers by 2030. TotalEnergies is working on all types of recycling:


 * In mechanical recycling with its subsidiary Synova, the French leader in the
production of recycled polypropylene for sustainable applications for the
automotive or construction industry.


 * In chemical recycling, TotalEnergies announced in September 2020 the
construction of France's first chemical recycling plant on its Grandpuits
zero-crude platform. This new plant will use Plastic Energy's patented
technology to transform plastic waste that is not generally recyclable into a
pyrolysis oil called Tacoil, which will then be used as feedstock in
TotalEnergies' steam crackers to produce polymers with properties identical to
virgin polymers.

TotalEnergies is also a world leader in bioplastics. The joint venture between
TotalEnergies and Corbion owns a plant in Thailand producing 75,000 tons/year
of PLA, a 100% bio-based, recyclable and biodegradable bioplastic. In
September 2020, it announced the construction of a second plant with a
capacity of 100,000 tons/year on the Grandpuits zero-crude platform in France.

TotalEnergies is also a founding member of the Alliance to End Plastic Waste,
which consists of around forty companies invested in the plastics and consumer
goods value chain. They have pledged to allocate more than $1 billion, with a
goal of reaching $1.5 billion by 2025, to the implementation of solutions to
eliminate plastic waste in the environment, particularly in the oceans.

____

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on
a global scale: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, clean, 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

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. The terms “Company” or
“TotalEnergies company” refer collectively to the company TotalEnergies SE
and the companies it controls directly or indirectly. Such terms are used
solely for the sake of convenience for purposes of the present communication.
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 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.

TotalEnergies

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com
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Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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