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Total acquires French plastics recycling company Synova
Total has acquired French company Synova, which produces some 20,000 t/y of high-performance recycled polypropylene from recycled plastics for the automotive sector.
‘By contributing to the lighter weight of vehicles, plastics improve their energy efficiency and reduce CO2 emissions. Producing them from recycled materials will also meet the challenge of managing their end of life,’ explains Bernard Pinatel, President Refining & Chemicals, Total. ‘The acquisition of Synova is a concrete proof of our commitment to developing plastic recycling. It reinforces the activities we already carry out in recycling and contributes to Total’s ambition to be the responsible energy major.’
Total is a founding member of the Alliance to End Plastic Waste, which brings together nearly 30 companies from across the plastics and consumer goods value chain. The alliance has committed over $1bn, with the goal of investing $1.5bn over the next five years, to help end plastic waste pollution in the environment, particularly in the ocean.
- Total’s President, E&P, Arnaud Breuillac, outlines how the company is preparing for a low carbon future in Petroleum Review’s December 2018/January 2019 issue. He will be speaking at IP Week 2019 on 26-28 February 2019.
News Item details
Journal title: Petroleum Review
Countries: France -
Subjects: Automotive engineering, Waste recycling and disposal, Petrochemicals
