Grandpuits Zero-Crude Platform: TotalEnergies and Paprec Develop the First French Value Chain for Advanced Recycling of Plastic Film
March 15 2023 - 2:51AM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Paprec,
leader in plastic recycling in France, have signed a long-term
commercial agreement to develop a French value chain for advanced
recycling of plastic film wastes. The agreement will secure the
supply of TotalEnergies' future advanced plastic recycling plant in
Grandpuits.
Following the terms of this agreement, Citeo, the main
organization in charge of end-of-life household packaging in
France, will provide a stream of flexible plastic waste sorted from
post-consumer packaging. This stream will be delivered to the
Paprec Plastiques 80 plant in Amiens (France), where a
first-of-its-kind sorting and preparation line will be built.
TotalEnergies will use this French-origin waste in its
advanced recycling plant at the Grandpuits zero-crude platform and
will produce recycled plastics which have the same properties as
food-grade virgin plastics.
The advanced recycling plant, built by TotalEnergies (60%) and
Plastic Energy (40%), will be able to process 15,000 tons of waste
per year and is scheduled to be operational in 2024.
"This long-term agreement is a major milestone for our advanced
recycling plant at Grandpuits, as it guarantees a supply of waste
of French-origin," said Valérie Goff, Senior Vice President
Renewable Fuels & Chemicals at TotalEnergies. "It is a
tangible example of TotalEnergies' commitment to developing a
circular economy for plastics and fully contributes to our ambition
of producing 30% circular polymers by 2030."
"Our job is to provide our customers and partners with circular
packaging that makes it possible to return material to its original
use and achieve carbon savings. We are taking an aggressive,
innovative approach to monolayer resins such as PET, HDPE and PVC.
This innovation with TotalEnergies supplements mechanical, or ‘low
carbon’ recycling, which cannot offer the same circularity for
plastic that’s not as eco-designed or that’s too soiled. Supporting
and developing French industrial excellence is one of our
missions," said Sébastien Petithuguenin, Chairman and CEO of
Paprec Plastiques.
Key Dates in Grandpuits'
Conversion:
- September 2020: Announcement of the refinery's
conversion into a zero-crude platform.
- February 2021: End of refining operations at the
site.
- July-December 2022: Gargenville and Grandpuits solar
power plants commissioned, the largest in the Ile-de-France
region.
- September 2022: Partnership signed with Saria, lifting
the site's sustainable aviation fuel production capacity from
170,000 to 210,000 tons per year.
- November 2022: Innovation by TotalEnergies and Air
Liquide to produce and use renewable, low carbon hydrogen in the
future biorefinery to make sustainable aviation fuel.
- March 2023: Agreement with Paprec to develop the first
French value chain for advanced recycling of plastic film
waste.
About TotalEnergies in Grandpuits Commissioned in 1966,
Total's Grandpuits-Bailly-Carrois refinery was for a long time the
only refinery in the Paris region. In September 2020, TotalEnergies
launched a project to convert the site, in line with its strategy
to become carbon neutral by 2050. This zero-crude project, with a
total investment of more than 500 million euros, is based on the
development of several future-oriented activities in the field of
biomass, renewable energies, and the circular economy: chemical
recycling of plastic waste, production of biosourced and
biodegradable bioplastics, production of biofuels for the aviation
sector, construction of a solar farm and electricity storage by
batteries. The start-up of these new units will begin in 2022, and
they should all be operational by 2025.
About TotalEnergies and Polymers TotalEnergies develops,
produces and commercializes polymers — polyethylene, polypropylene,
polystyrene, their recycled equivalents and biopolymers — that can
be incorporated in the plastics manufacturing process. Lighter than
many alternative materials, they help reduce the carbon footprint
of end-use applications through enhanced energy efficiency.
TotalEnergies’ polymers experts in Europe, Asia and the United
States of America are working alongside all the professionals in
the value chain, including plastic manufacturers, research centers,
waste collection and sorting companies, and their customers to
accelerate in the circular economy. The Company is developing
different plastic recycling processes and using renewable raw
materials, with the ambition to commercialize 30% circular polymers
by 2030.
About Paprec The group was founded by the Petithuguenin’s
family in 1994 and has been managed by the family since its
creation. Paprec is the French leader in recycling and one of the
main european actors of waste treatment and energy from waste
recovery. The group has grown from 45 employees to 13,000, spread
over more than 300 sites in din countries. In 2022, the group
managed 16 million tonnes of waste and sales went over 2.5 billion
euros.
***
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 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 l TotalEnergies l TotalEnergies
l TotalEnergies
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 Universal 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).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230315005441/en/
Contacts TotalEnergies Relations Médias : +33 (0)1 47 44
46 99 l presse@totalenergies.com l @TotalEnergiesPR Relations
Investisseurs : +33 (0)1 47 44 46 46 l ir@totalenergies.com
Contacts Paprec Agathe Remoué: 06 27 47 60 69 l
agathe.remoue@paprec.com
TotalEnergies (NYSE:TTE)
Historical Stock Chart
From Apr 2024 to May 2024
TotalEnergies (NYSE:TTE)
Historical Stock Chart
From May 2023 to May 2024