Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has inaugurated its new
state-of-the-art lubricants oil blending plant, strategically
located in the Kaluga region of the Russian Federation. The grand
opening ceremony took place today, October 15th, in the presence of
Anatoly Artamonov, Governor of the Kaluga Region, and Patrick
Pouyanné, Chairman and CEO of Total.
This blending and production plant will allow Total to localize
the production of its top-tier lubricants for the Russian market.
With an investment equivalent to $ 50 million, this facility has
been designed to produce initially 40,000 tons of automotive and
industrial lubricants per year, with a scale-up option to bring
this capacity up to 70,000 tons per year.
The plant is equipped with a fully automated blending system and
ultramodern filling lines. Covering an area of 7 hectares of the
Vorsino industrial park in the Kaluga Region, this facility opens
less than two years after the start of construction. Its operations
are creating 50 new working positions onsite.
"As illustrated by our commitment to major LNG projects in the
Arctic, Russia has become a key country for Total. In addition to
our upstream activities, Russia is also one of the highest priority
development markets for our Marketing & Services and downstream
products, especially lubricants" underlined Patrick Pouyanné,
Chairman and CEO of Total. " With this production & blending
facility opening in Kaluga today, we are showing our strong
dedication to our Russian customers. This new plant will strengthen
our position in the Russian and Central Asian markets. It is fully
in line with our strategy to grow profitability in developing
markets and contribute strongly to the Group’s financial
performance.”
"The opening of Total factory once again confirms the economic
and investment attractiveness of the Kaluga region for
international partners.” commented Anatoly Artamonov, Governor of
the Kaluga region. “We aspire to provide the best conditions for
companies which understand the importance of production
localization in Russia, develop the import substitution policy and
take care about the environment by creating ecologically safe
production plants. The Government of the region is ready to support
them in such important and long-term projects".
A full range of locally-produced Lubricants, tailored for the
Russian market and beyond
2018 marks the 10th anniversary of Total Vostok's operations in
Russia. With the launch of this local production unit, Total
Vostok, subsidiary in Russia of the Marketing & Services
Division of Total, plans to become one of the top leaders in the
segment of premium automotive and industrial lubricants in the
Russian market, and a major player among competitors established
locally.
This new plant will produce the entire range of Total and Elf
lubricants products including:
- “Total Quartz” for passenger cars,
- “Total Rubia” for commercial vehicles,
- a full range of industrial oils,
- the “Fuel Economy” lubricants line, which allows both
commercial and passenger vehicles as well as off-road vehicles to
significantly reduce their fuel consumption.
In addition to the Russian market, Total Vostok also plans to
ship products to a number of countries in Central Asia and to
Belarus. With the start of this local production, consumer
companies in the region will benefit from several advantages: a
reduced dependence on imports, a significant decrease in both
production and delivery times and an optimization of logistics and
storage costs for the final products.
About Total VostokTotal Vostok , subsidiary of the
Marketing & Services Division of Total, is supplying automotive
lubricants of Total and Elf brands, a wide range of industrial
lubricants, as well as special fluids, fuel additives and special
fuels to the Russian market. In addition to the extensive
distribution network, stretching from Kaliningrad to Vladivostok,
Total Vostok has branches in Moscow, St. Petersburg, Rostov-on-Don,
Yekaterinburg and Kazan. www.total-lub.ru
About Total LubricantsTotal Lubricants is a leading
global manufacturer and marketer of engine oils and lubricants. It
has 35 production plants worldwide and more than 5,800 employees in
more than 100 countries. Total Lubrifiants offers innovative,
efficient and environmentally responsible products and services
developed by more than 130 researchers at its R&D center. Total
Lubricants is a partner of choice for the automotive, industrial
and marine markets.lubricants.total.com elf.com
About the Marketing & Services Division of TotalThe
Marketing & Services Division of Total develops and markets
products primarily derived from crude oil, along with all of the
associated services. Its 31,000 employees are present in 110
countries and its products and services offers are sold in 150
countries. Every day, Total Marketing & Services serves more
than 8 million customers in its network of over 16,000 service
stations in 65 countries. As the world’s fourth largest distributor
of lubricants and the leading distributor of petroleum products in
Africa, Total Marketing & Services operates more than 50
production sites worldwide where it manufactures lubricants,
bitumen, additives, special fuels and fluids that sustain its
growth.
About TotalTotal is a global integrated energy producer
and provider, a leading international oil and gas company and a
major player in low-carbon energies. Our 98,000 employees are
committed to better energy that is safer, cleaner, more efficient,
more innovative and accessible to as many people as possible. As a
responsible corporate citizen, we focus on ensuring that our
operations in more than 130 countries worldwide consistently
deliver economic, social and environmental benefits.
* * * * *
Cautionary note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total” and “Total Group”
are sometimes used for convenience where general references are
made to TOTAL S.A. and/or its subsidiaries. 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 TOTAL S.A. 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.
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7962ir@total.comorTotal Vostok - Press officeMarina
Varlamova, +7 (915) 249-98- 94marina.varlamova@total.comorEkaterina
Sazonova, +7 (916) 664-14-13totalvostok@hintpr.com
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