MOSCOW (MRC) -- Total has announced that it has acquired Synova, a French leader in manufacturing high-performance recycled polypropylene for the automotive sector, as per the company's press release.
Synova produces 20,000 tonnes per year of polypropylene (PP) that meets the highest quality standards of original equipment manufacturers and automakers from recycled plastics.
Combining Synova’s recycling expertise and Total’s polymers know-how will increase the supply of recycled polypropylene for automotive applications that deliver the same performance as virgin polymers.
"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," explained 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."
As MRC informed earlier, in April 2015, Total announced that its proposed new ethane cracker near its refinery in Port Arthur, Texas, is being designed to have a capacity of 1 million tpy.
Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
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