Total acquired Synova, a French leader in manufacturing high-performance recycled polypropylene for the automotive sector, the energy giant announced Monday.
According to the company's statement, Synova produces 20,000 tonnes per year of polypropylene 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,' the press release read.
Bernard Pinatel, president of Refining & Chemical at Total, said the acquisition of Synova is concrete proof of the company's 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.
'By contributing to the lighter weight of vehicles, plastics improve their energy efficiency and reduce carbon dioxide emissions. Producing them from recycled materials will also meet the challenge of managing their end of life,' he added.
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 group has committed over $1 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste pollution in the environment, particularly in the oceans.
The members are working on all types of recycling in order to produce high-performance recycled polymers.
By Hale Turkes
Anadolu Agency
energy@aa.com.tr