|
MOSCOW (MRC) -- Workers at French oil
and gas major Total's Grandpuits refinery southeast of Paris have decided to
suspend their strike, reported Reuters
with reference to the union's statement.
Total said earlier that the
strike had disrupted product shipments from its refinery near Paris but that the
company would ensure supplies to petrol stations and customers could
continue.
Workers at Grandpuits voted on Monday to hold a 24-hour strike,
halting fuel shipments.
As MRC wrote before,
Within the framework of its net zero strategy, Total will convert its Grandpuits
refinery (Seine-et-Marne) into a zero-crude platform and will invest more then
EUR500 mln into this project. By 2024 the platform will focus on four new
industrial activities: production of renewable diesel primarily intended for the
aviation industry, production of bioplastics, plastics recycling and operation
of two photovoltaic solar power plants.
We remind that in November 2019,
Total disclosed that itis evaluating
construction of a new gas cracker at its Deasan, South Korea, joint venture (JV)
with Hanwha Chemical.
Ethylene and propylene are feedstocks for producing
polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report,
Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight
months of 2020, up by 5% year on year. Shipments of all ethylene polymers
increased, except for linear low desnity polyethylene (LLDPE). At the same time,
PP shipments to the Russian market reached 767,2900 tonnes in the eight months
of 2020 (calculated using the formula - production minus exports plus imports -
and not counting producers' inventories as of 1 January, 2020). Supply increased
exclusively of PP random copolymer.
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. |
